Augmenting Your Finance
Team with Generative
Artificial Intelligence
The most compelling benefit of Gen AI may be its ability to help maximize the productivity of finance talent.
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Empowering Accounts Payable Teams with Generative AI
Manual, repetitive tasks are making it harder for AP departments to attract and retain top talent. 82% of finance and insurance workers have considered walking away from their job. More than 300,000 U.S. accountants and auditors left their jobs in the past two years, a 17% decline, and the dwindling number of college students coming into the field can’t fill the gap.
The exodus is driven by deeper workplace shifts than baby-boomer retirements. Young professionals in the 25- to 34-year-old range and mid-career professionals between the ages of 45 and 54 also left their finance jobs in high numbers starting in 2019, according to the Bureau of Labor Statistics.
Tedious manual, repetitive tasks exacerbate the stress that many workers are experiencing. That’s where GenAI comes in. One-third of employees would switch jobs if it gave them an opportunity to use GenAI.