Larry Shapiro - AI implementation for Finance Operations

AI implementation in Finance operations

Speaker: Larry Shapiro from PwC
When: Monday 11/11 at 6:30pm – Room ASB 136
Topic:  AI implementation in Finance operations:  Larry Shapiro leads the Global Oracle ERP implementation at PwC including application of AI to finance operations and engagement management.   Larry’s talk will resemble a real life case study on how leaders in large global enterprises embrace AI.

Some of the topics he will cover include:

Leadership Concerns:

1. Risk Management: AI-related risks (e.g., model drift, bias, security breaches).
2. Regulatory Compliance: Adhering to regulations (e.g., GDPR, CCPA, FINRA).
3. Return on Investment (ROI): Measuring AI’s financial benefits.

Ethical Considerations:

1. Bias and Fairness: Ensuring AI systems don’t perpetuate existing biases.
2. Transparency and Explainability: Understanding AI-driven decisions.
3. Data Privacy: Protecting sensitive financial information.

Strategic Imperatives:

1. Digital Transformation: AI’s role in modernizing finance operations.
2. Competitive Advantage: Leveraging AI for financial insights and agility.
3. Talent and Skills: Upskilling/reskilling workforce for AI-driven finance.

Implementation Challenges:

1. Change Management: Overcoming organizational resistance.
2. Data Quality and Integration: Ensuring accurate and unified data.
3. Scalability and Security: Deploying AI solutions enterprise-wide.

Please contact Jane Riff ( jriff@ramapo.edu ) for more information.

Categories: Data Science, Lecture Series, Mathematics, MSCS, MSDS