AI and Finance - how Best Egg uses AI to meet ever more complex risk and governance challenges
Risk and audit teams are navigating accelerating AI governance, geo-political uncertainty and changing regulations, often with leaner teams than ever before, and many are finding that siloed approaches are no longer sustainable. That’s part of the argument posited recently by Julie Iskow, CEO of Workiva, when she noted:
Finance leaders are being asked to do far more than close books and report results. Today, they're also responsible for the data that their businesses rely on and how AI is governed and they're helping their organization navigate a more complex regulatory and risk environment, but that's only part of the story. AI is also changing what's expected of the people that are doing the work. CFOs and their teams are expected to deliver insights in hours instead of days. They're expected to automate more of the work that's still manual, answer more questions with greater confidence and respond faster as regulations...
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