57% of CFOs looking to hire AI and ML talents
A majority, or 57%, of Chief Financial Officers (CFO) are looking for future hires who are skilled in artificial intelligence (AI) and machine learning (ML), according to a survey conducted by software company Workday.Workday’s report stated that the current skills gap offers an opportunity to rethink the role that finance plays in the company while strengthening IT and HR collaboration to rise above the competition.
Additionally, to cope with the “Great Resignation,” nearly all (97%) CFOs said that technology was important for their operations, while 48% are actively planning to invest in the latest tech over the next five years.
Workday stated that ‘moving to the cloud’ is a smart tech investment as it brings a variety of critical capabilities — including accessibility for remote workers, data visibility for stakeholders, and frictionless finance experience.
Meanwhile, 58% of respondents said that they can excellently transform data into insights, identifying themselves as “finance outperformers.”
About 70% of finance outperformers said they plan to meet their future needs by training existing employees, while another 70% said that they plan to rely on hiring new team members.
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Disclosure: Outsource Accelerator uses AI tools in the backend of its editorial workflow. Every article is reviewed and verified by a human editor before publication.
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