By the Association for Financial Professionals.
A survey of finance and treasury professionals at AFP 2017 finds that, though many know digital disruption is coming, they are not ready to respond to the challenge of robotics, AI and blockchain.
“The benefits of new technology for finance and treasury are clear: increased productivity, reduced costs and better decision-making,” Kaitz said. “However, the challenges are just as clear: lack of control over technology, cybersecurity, company-wide consistency, maintaining employee skills, and the potential loss of jobs. Treasury and finance needs to get their heads out of the sand and begin to grapple with these challenges.”