As CFOs embrace artificial intelligence to streamline financial operations, they face a new era of compliance risk where accountability, explainability, and algorithmic governance are as critical as financial controls. To stay ahead, CCOs must partner with CFOs to embed transparency and oversight into every stage of AI adoption.
Compliance programs are only as strong as their weakest pillars. And for Chief Financial Officers, artificial intelligence represents both a historic opportunity and an existential risk. As finance departments automate forecasting, reporting, and analytics, AI is no longer just an operational tool. It can be seen as both a governance and compliance issue. It is reshaping not only how financial decisions are made but who (or what) is accountable for them. The implications for the compliance professional are profound. In an article in PYMNTS, the author explored some of these issues from the CFO’s perspective. Their findings have significant implications for every CCO and corporate compliance function.