Introducing the first-ever enterprise risk framework for generative AI (GenAI), providing a detailed guide to help companies of all sizes move into responsible GenAI adoption.
Built in collaboration with over 1,000 business leaders, academics, and industry bodies, the GenAI Governance Framework is a customizable new tool enabling organizations to safely adopt GenAI while seamlessly integrating with their Enterprise Risk Management program, unique objectives, and risk tolerance.
Created in association with professors David A. Wood (Brigham Young University Marriott School), Scott Emett (Arizona State University W.P. Carey School of Business), and Marc Eulerich (University of Duisburg-Essen Mercator School of Management).
GenAI Use Cases
Powerful automation driven by sophisticated language models and generative tools able to handle ambiguous and varied unstructured data with very high accuracy.
GenAI is a very new technology, while the above are common Accounting use cases, additional use cases are continuously emerging.
ML Use Cases
Proactive data-driven actions and decisions, enhancing revenue growth, cost reduction, and improving controls and compliance.
If you’re curious about what's really happening with AI adoption in finance and accounting...here’s the big reveal from 100+ CFOs and senior leaders.
Connor Group surveyed high-growth companies across a diverse range of industries, from startups to conglomerates with revenues over $1BN.
Contrary to expectations, the top AI adoption targets are analytical processes. 44% of participants are eyeing financial reporting and analytics, while 38% are looking towards FP&A. Manual processes with compelling use cases like Order to Cash, HR, Payroll, and compliance seem to be on the back burner, both in current adoption and future plans.
We asked quite a few other questions, too, and captured the answers in a summary report.
Your D2C revenue reporting shouldn’t be messy or painful. From e-commerce to subscriptions to personalized products, D2C brands embrace varying products, sales models, channels, and payment methods. Those who try to understand and reconcile sales and cash from the Apple Store know. We built the solution, complete with automation of all inputs, data harmony, clean audit trails, and proactive flags for possible issues.
Meet our AI thought leaders pioneering industry transformation and accelerating professional learning curves.
Managing Partner, Client Experience
Partner, National Digital Solutions Leader
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We're helping busy leaders and growing companies gain the insights they need to win with AI. Join us and continue learning.
As you initiate or expand your AI adventure, you must prioritize crafting an informed AI strategy. This article will provide a guide on how to navigate the rapidly approaching AI transformation.
As you consider the profound implications AI will have on your finance function, Explore the 5-step blueprint for CFOs to architect an AI strategy for the finance function.
AI is transforming from a mere option to an essential competitive advantage. This article explores some current and future use cases for AI in finance, accounting, and operations, shedding light on how it is reshaping our world.
The world of AI will continue to expand as new technologies come to market. Explore the anticipated rise of three predominant types of 3rd party AI applications: Purpose-built AI technology, Embedded AI, and AI Platforms.
As AI becomes more embedded in financial operations, CFOs must navigate a unique set of AI risks. This article delves into the topic of risk management with a focus on several emerging GenAI risks.
AI is set to bring significant changes to the evolving role of the CFO. Explore what CFOs should focus on to fully harness the capabilities of AI and remain competitive in a complex, data-centric business environment.
Connor Group's Jason Pikoos and BYU's David Wood come together to provide a foundational understanding of AI in accounting, covering key concepts, applications, and tools that are transforming the profession.
Presenters
Jason Pikoos, Managing Partner
Connor Group
David Wood, Glenn D.Ardis Professor
BYU
Follow for weekly posts from Jason Pikoos offering practical insights on AI and automation adoption, including emerging best practices, pitfalls, and tools for getting started.
For high growth companies, we are the experts in digital solutions, like leading accounting and finance-specific AI and automation software, tailored to your needs.
We partner with other like-minded companies to focus on building the future of finance and accounting through events, research, development, and commercial partnerships.
Connor Group can provide strategic recommendations for your AI opportunities and full implementation services for these partners and many others.
Connor Group is a specialized professional services firm of Big 4 alumni and industry
executives. Our team of highly experienced professionals helps financial executives
with their most complex and significant matters, including financial accounting and
operations, IPO and M&A services, digital solutions, and managed services. Our
clients are the world’s top growth companies and we support them as they change
the world and create new markets!
Our client portfolio includes multi-billion-dollar public, mid-cap public, and pre-IPO
companies ranging from early stage to late stage. Our global clients represent the
most exciting industries including high tech, Internet, social networking, gaming,
software, ad tech, cleantech, life sciences, financial services, consumer products,
biotech, services, and manufacturing.
Our goal at Connor Group is to be the most respected firm across our service lines
by delivering the highest quality services to our clients. We are hired by finance and
accounting executives who understand the importance of leveraging their time as
well as having a partner that can successfully execute their needs
Connor Group has led the way forward at every major change in finance and accounting since 2006.
Multi-element revenue guidance, ASC 326, ASC 606, ASC 842, and ESG implementation expertise
380+ automation projects with market leaders and market disruptors
We develop a deep understanding of new standards to lead out in implementing them practically