79% of Indian CFOs See Generative AI Transforming Treasury Operations: DBS-EY Study
A recent DBS and EY study reveals that 79% of Indian Chief Financial Officers (CFOs) are adopting Generative AI to improve treasury operations. This move focuses on boosting efficiency and enhancing decision-making in financial management.
Generative AI offers potential to automate routine tasks, analyze large datasets quickly, and generate insights that help treasury teams respond faster to market changes. For operations professionals, this means streamlined workflows and more accurate forecasting.
Sustainable Trade Finance Gains Momentum
The study also found that 80% of CFOs and Treasurers in India believe sustainable trade finance solutions will support green initiatives and help ensure compliance with emerging environmental standards. This signals a shift toward integrating sustainability into financial operations.
By embedding sustainable finance practices, companies can better meet regulatory requirements and contribute to environmental goals. Operations teams should prepare to engage with new frameworks and tools that facilitate green trade finance.
What This Means for Operations Professionals
- Expect an increase in AI-driven tools within treasury functions to automate reporting, risk assessment, and cash flow management.
- Prepare for greater collaboration with sustainability teams as finance functions incorporate green compliance measures.
- Stay updated on AI applications and sustainable finance trends to support your organization’s evolving needs.
For those interested in enhancing skills in AI and automation relevant to finance and operations, exploring specialized courses can offer practical knowledge. Resources like Complete AI Training’s finance AI tools provide targeted learning paths.
As Indian CFOs push for AI adoption and sustainable finance, operations teams play a key role in implementing these changes effectively.
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