Good morning. During a panel session at Fortune’s Future of Finance event last week in New York City, KC McClure, CFO of Accenture, and Tracy Kerrins, senior EVP and head of technology at Wells Fargo, shared their perspectives on how AI is changing the business world.
With Accenture, a global professional services company, McClure discussed being in the “unique position” to assist clients in implementing technology while also using it internally. For example, a treasury AI platform “helped us identify $600 million of idle cash to put to better use,” said McClure, adding that Accenture has used predictive analytics tools to forecast revenue for years, and now those will be augmented with generative AI. (The firm is also looking to use GenAI to help with controllership.)
