From www.journalofaccountancy.com: CFOs at large U.S. companies have reported a significant increase in positive ROI from generative AI, rising from 27% to nearly 90% within nine months, as revealed by a recent survey.
Despite this optimism, most CFOs emphasise the need for human involvement in tasks assisted by AI, particularly in financial reporting and content generation, where trust in AI is growing but not absolute.
The survey indicated that while over 70% of companies utilize generative AI for various tasks, significant concerns remain regarding the accuracy and insightfulness of AI-generated outputs.