Summary
This guide discusses the challenges and considerations surrounding the return on investment (ROI) of artificial intelligence (AI) in corporate finance. It highlights a conversation between Dennis Chookaszian, an expert in AI strategy, and Chris Wright, a managing director at Protiviti. The document outlines the rapid adoption of AI tools among finance leaders, noting that while many are using AI, a significant portion lacks a formal strategic plan for its implementation. It presents findings from Protiviti’s AI Pulse Surveys, indicating that a majority of respondents believe their AI investments have met or exceeded expectations, despite challenges in measuring ROI. The guide emphasizes the importance of aligning AI initiatives with core business objectives and developing a systematic approach to enhance AI capabilities. Additionally, it suggests that CFOs should engage with various stakeholders to define clear goals and expectations for AI projects, ultimately aiming for both short-term gains and long-term strategic value.
