By Adam Turner
Publication Date: 2025-12-02 18:30:00
Implementing AI and improving automation should increase both the efficiency and agility of finance teams, says Shannon Scott, senior vice president and global head of product at Airwallex.
Shannon Scott.
Break the table cycle
Similar to the adoption of spreadsheets, using AI is not about replacing finance teams. Instead, technology helps people spend less time crunching numbers and more time interpreting what those numbers mean for the business.
This in turn helps reduce human error, but rather than taking humans out of the loop, AI workflows can still incorporate human oversight and approvals to ensure transparency and accountability.
Modern fintechs like Airwallex streamline financial operations for businesses, including invoicing and payments, expense management and financial reporting, all on one platform, even across different markets.
Scott not only saves time and reduces the risk of errors in areas such as accounts payable and accounts receivable, but…
