How to successfully reinvent productivity in finance with machine learning (Hint: machine learning is only part of it.)

If data is the new oil, then finance is sitting on top of vast reserves. Finance is ripe for applying machine learning to drive business outcomes. But reinventing finance with ML requires more than cutting-edge technology. It requires transforming finance professionals skills, setting executives’ expectations, creating new roles, and implementing Agile processes. How can you drive successful business transformation with machine learning?

Matt Conners describes the process Microsoft’s data sciences and finance teams implemented and the lessons the teams learned while bringing machine learning forecasting to the office of the CFO by improving forecast accuracy and frequency and driving cultural change through a finance center of excellence.