AI

What building an AI-native finance function taught me

OpenAI's Chief Financial Officer, Sarah Friar, has shared her experience in building an AI-native finance function. She highlights five key takeaways: automated forecasting, stronger controls, and measuring the return on investment (ROI) of AI. These lessons can help companies streamline their financial operations and make data-driven decisions. According to Friar, an AI-native finance function should be designed with automation and machine learning in mind from the outset.
OpenAI's Chief Financial Officer, Sarah Friar, has shared her experience in building an AI-native finance function. She highlights five key takeaways: automated forecasting, stronger controls, and measuring the return on investment (ROI) of AI. These lessons can help companies streamline their financial operations and make data-driven decisions. According to Friar, an AI-native finance function should be designed with automation and machine learning in mind from the outset. --- Why it matters: This matters because building an AI-native finance function requires a fundamental shift in how companies approach financial planning and management. It can help reduce costs, improve forecasting accuracy, and enable more informed decision-making. Source: https://openai.com/index/building-an-ai-native-finance-function

This article was originally published at: https://openai.com/index/building-an-ai-native-finance-function