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Assessing the suitability of artificial intelligence to accomplish organizational finance tasks - Master ThesisSmith, Gabriel Frank January 2023 (has links)
Artificial Intelligence (AI) holds transformative potential for many fields including the finance sector. However, identifying suitable tasks for artificial intelligence implementation remains a challenge. This study proposes the artificial intelligence readiness task assessment tool, empowering finance professionals to assess task suitability for AI implementation from a bottom-up perspective. Artificial intelligence adoption often encounters barriers such as costs, compatibility, and skill gaps. The proposed tool addresses these challenges by allowing finance professionals to gauge artificial intelligence suitability for specific tasks without requiring extensive AI knowledge. The tool follows a design science research approach, ensuring it is user-friendly and effectively addresses real world challenges. The proposed tool is comprised of three sections: task framing, task assessment, and results interpretation. Unlike existing methodologies that focus on organization wide artificial intelligence readiness, the proposed tool centers on task specific readiness. This innovative approach provides practical guidance for finance professionals seeking to leverage artificial intelligence and helps organizations realize the potential of AI more effectively.
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