CFOs betting big on AI, machine learning, robotics process automation as business goes digital

CFOs have increased their bets on artificial intelligence, machine learning, robotic process automation, analytics and blockchain as they are looking automate to boost savings, efficiency and agility, according to a Grant Thornton survey.
Grant Thornton and CFO Research surveyed 378 senior finance executives from companies with revenue between $100 million and more than $20 billion. The findings reveal that CFOs are ready to invest heavily in emerging technologies as well as digital transformation.
Nothing like returns on investment from lower labor costs, productivity and efficiency gains to get CFOs on the new technology bandwagon. CFOs, however, will be judged on hard cost savings as well as long-term thinking.