{"id":1756,"date":"2024-10-22T20:21:29","date_gmt":"2024-10-23T00:21:29","guid":{"rendered":"https:\/\/www.ramapo.edu\/dmc\/?p=1756"},"modified":"2024-11-07T17:49:04","modified_gmt":"2024-11-07T22:49:04","slug":"larry-shapiro-ai-implementation-for-finance-operations","status":"publish","type":"post","link":"https:\/\/www.ramapo.edu\/dmc\/2024\/10\/22\/larry-shapiro-ai-implementation-for-finance-operations\/","title":{"rendered":"Larry Shapiro – AI implementation for Finance Operations"},"content":{"rendered":"

AI implementation in Finance operations<\/strong><\/p>\n

Speaker<\/strong>: Larry Shapiro from PwC
\nWhen<\/strong>: Monday 11\/11 at 6:30pm \u2013 Room ASB 136
\nTopic<\/b>:\u00a0 AI implementation in Finance operations:\u00a0 Larry Shapiro leads the Global Oracle ERP implementation at PwC including application of AI to finance operations and engagement management.\u00a0 \u00a0Larry’s talk will resemble a real life case study on how leaders in large global enterprises embrace AI.<\/p>\n

Some of the topics he will cover include:<\/p>\n


\n<\/strong>Leadership Concerns:<\/strong>
\n<\/strong><\/p>\n

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

    Ethical Considerations:<\/strong><\/p>\n

      \n
    1. Bias and Fairness<\/strong>: Ensuring AI systems don’t perpetuate existing biases.<\/li>\n
    2. Transparency and Explainability<\/strong>: Understanding AI-driven decisions.<\/li>\n
    3. Data Privacy<\/strong>: Protecting sensitive financial information.<\/li>\n<\/ol>\n

      Strategic Imperatives:<\/strong><\/p>\n

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

        Implementation Challenges:<\/strong><\/p>\n

          \n
        1. Change Management<\/strong>: Overcoming organizational resistance.<\/li>\n
        2. Data Quality and Integration<\/strong>: Ensuring accurate and unified data.<\/li>\n
        3. Scalability and Security<\/strong>: Deploying AI solutions enterprise-wide.<\/li>\n<\/ol>\n

          Please contact Jane Riff ( jriff@ramapo.edu ) for more information.<\/p>\n","protected":false},"excerpt":{"rendered":"

          AI implementation in Finance operations Speaker: Larry Shapiro from PwC When: Monday 11\/11 at 6:30pm \u2013 Room ASB 136 Topic:\u00a0 AI implementation in Finance operations:\u00a0 Larry Shapiro leads the Global Oracle ERP implementation at PwC including application of AI to finance operations and engagement management.\u00a0 \u00a0Larry’s talk will resemble a real life case study on […]<\/p>\n","protected":false},"author":1,"featured_media":1758,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,7,8,6,4],"tags":[],"class_list":["post-1756","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-data-science","category-lecture","category-mathematics","category-mscs","category-msds"],"yoast_head":"\nLarry Shapiro - AI implementation for Finance Operations - Center for Data, Mathematical and Computational Sciences<\/title>\n<meta name=\"description\" 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