A resounding headline has been on the minds of finance leaders and business executives: Artificial Intelligence (AI) is here to stay.

While AI has already made its mark in fields like marketing and product development, its adoption in finance has been somewhat cautious. The sensitive nature of financial operations and data, along with rigorous regulatory considerations and approval processes have contributed to this restrained approach. However, the potential of AI for finance leaders is immense, and those who delay in embracing it may soon find themselves falling behind.

In this whitepaper, Aspire and PwC Singapore explore how AI can benefit finance teams, outline practical AI applications across different finance functions, and shed light on the technology's limitations. Our goal is to provide an informative view of the AI landscape in finance to help leaders prepare for the meaningful adoption of AI. 

The whitepaper discusses:

• A milestone framework for AI implementation  
• Actionable applications of AI across Finance Ops & Treasury, Business Strategy & Intelligence Corporate Development & Investor Relations, and Compliance
• Limitations of AI in Finance