Digitisation: Right time right space CFOs unpack how to balance automation and human interaction, and the advantages of robotics.
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BY THANDO PATO
he future is already here. Remember when you used to watch the Matrix or Star Wars and think artificial intelligence (AI) was something that would happen in the future? Over the last 18 months, thanks in part to the Covid-19 pandemic, digitisation has been fast tracked. In the world of finance, however, AI has been in development for years and increasingly more CFOs are introducing software into their departments to help take over mundane and repetitive tasks.
At a Finance Indaba Conversation sponsored by CaseWare Africa, Theuns Holthousen, business executive – Africa markets kicked off the session Getting the most out of people and tech, with a brief presentation in which he emphasised the importance and value of technology in supporting CFOs. Mary-Anne Musekiwa, CFO at Coronation Fund Managers, said the past 18 months has taught us all that the future is not far off. “As accountants we have built in conservatism when it comes to new ways of doing things,” she said. “We like to thoroughly investigate our options