Many CFOs are running into roadblocks implementing AI, finance professionals told us at the Gartner Finance Symposium/Xpo: Rising costs and uncertain ROI have some questioning whether AI can live up to its promise, while dirty or siloed data is slowing down AI initiatives. But some of the sticky points of AI adoption are purely human, sources said—implementing the tech may be easier than getting people on board. Baby steps. One of the myths around AI implementation is that it has to involve a full-scale process overhaul, Rajiv Ramachandran, SVP and CPO of invoice to pay at Coupa, said. “The biggest barrier right now is people don’t know how to start, because they think they have to do this huge transformational project with millions of dollars of investment,” he said. He advocates a step-by-step approach instead. “Start by enabling, in a very fast but easy manner, in a controlled platform, agents that can bring you immediate quantifiable value,” he said. Choose a platform that gives staff “the guardrails and the controls that they can put on top of those agents, so that they can trust them.” Don’t forget the complexities that AI usage introduces.—CV |