Will AI replace the CFO? – part two

January 14, 2020

Will AI replace the CFO? – part two

In part one of this post, we looked at the continuing evolution of the role of the CFO from gatekeeper to strategist. We also considered how different forms and applications of artificial intelligence (AI) may impact that role, and the office of finance as a whole.

In part two, we take a closer look at how Infor’s AI technology is transforming the work of financial management from a series of tasks into measurable, strategic performance.

How Infor can boost your AI profile

Infor Coleman™ is an enterprise-grade AI platform for Infor CloudSuite applications that operates below an application’s surface to mine data and use machine learning to improve processes like inventory management. It also provides AI-driven recommendations and advice to enable users to make smarter business decisions more quickly.

Coleman augments your users’ work by using natural language processing and image recognition to chat, hear, talk, and recognize images to help people use technology more efficiently. The components that are included in Coleman are designed to understand, trust, and build value as enterprise users work with them.

Coleman highlights

  • Natural language UX
  • Robotic process automation (RPA)
  • Machine learning (ML)
  • Intelligent automation
  • Process orchestration

No more analysis paralysis

Coleman, paired with Birst® analytics within Infor CloudSuite applications, delivers embedded, in-context analytics. CFOs gain true insight with a cloud-based platform for networked business intelligence that includes pre-built data models, strategic KPIs, operational metrics, and a library of reports and analytic widgets.

  • Access data easily with analytics embedded right in your users’ workstreams for easy, on-screen access.
  • Make proactive decisions with information delivered automatically to users based on responsibilities and priorities.
  • Access data with single sign-on through Infor CloudSuite solutions.
  • Apply data insights quickly, and spend less time searching for information—and more time analyzing it.

As a CFO, it doesn’t matter how much AI an organization adds, because humans still need to make the important decisions for your organization. AI helps by giving those humans more data that is easier to use, so they can make informed decisions faster.

To explore more about the role of AI within your finance organization, download our white paper, The age of artificial intelligence and its impact on the CFO.

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