During this 1-day session, participants will be guided on the following :

Introduction

• Discovery session – Understand fundamentals for digitalising finance operations using AI
• Icebreaker activity – Discuss finance operations pain points – gaps and challenges

Fundamentals for Successful AI in Finance

• Overview of the current AI landscape
• Essentials to consider before implementing AI
• Understanding AI Limitations
• Data Security Essentials

Navigating the wave of emerging AI technologies and trends, and their impact on the finance function

Building blocks essential to ensuring a more successful implementation of AI in finance operations

Understanding risks associated with data bias, ethical challenges, and balancing the lack of emotional intelligence and human touch in finance operations

Best practices for data protection for sensitive data, and regulatory compliance to data privacy standards

AI Quick Wins For Finance

Deep dive into these key finance areas - the challenges and how best to leverage AI and automation for competitive advantage

• Accounts Payable Process
• Accounts Receivable Process
• Preparation of Management Report

AI-driven tools and features applicable to improve the accounts payable process

AI-driven tools and features to handle and analyse receivables to improve receivable process

AI-driven tools and features to allow for quicker turnaround of generating analysis allowing for efficient handling of management reports

Breakout Activity – Leveraging AI across the Finance Lifecycle

Objective: Explore practical AI applications in different stages of the finance process above and brainstorm strategies to integrate AI effectively

Group Discussion, Group Presentation & Feedback

Q&A session

Note : This is a hands-on practical workshop with interactive group discussions in-between. Participants are expected to have working knowledge of MS Excel concepts (e.g. cell references, VLOOKUP().

They should also have Microsoft 365 Copilot licence ready before class starts.

At the end of the workshop, participants would be able to:

• understand the fundamentals of digitalising finance operations with AI
• gain awareness of the current AI landscape and trends and their impact on finance functions
• develop practical strategies for integrating AI in the finance life cycle

“The training used illustrations to explain and actual case studies to make it easy to understand and apply.” ----- Kristine Foong, General Manager

“Biggest takeaway is that it's good to understand what AI can and cannot do. Knowing its limitations help us know what to watch out for when we begin the journey.” ----- Baldwin Foo, Group Financial Controller

Executives in finance and accounting job roles who wish to understand how AI can apply in their job functions to enhance productivity and reliability.

It shows finance and operations teams how to pair familiar Microsoft Excel skills with cutting-edge generative-AI tools. By embedding Generative AI directly in spreadsheets and using prompt-engineering templates, participants will get to learn to ingest, clean, transform and reconcile data in the AI environment.