AFP survey: treasury and finance execs eager for fintech, but implemention low

A recent study from the AFP (Association for Financial Professionals) shows there is eagerness about the impact emerging technologies will have, but also some concern that staff within treasury and finance functions could become obsolete as a consequence.

Though practitioners are upbeat about the impact of emerging technologies, implementation at organizations is still low: only 6% of firms utilize blockchain or distributed ledger technology; 79% have no plans to do so. Just 11% utilize artificial intelligence; 70% have no plans to do so.

Although implementation levels are low for these emerging technologies — Robotic Process Automation (RPA), Machine Learning, Artificial Intelligence (AI) and Blockchain/Distributed Ledger Technology — many respondents believe these technologies will have a positive impact on efficiency, even if only to some extent.

Read the full survey

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