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Artificial intelligence is reshaping the equipment finance sales process from a numbers game into a precision science — changing not just how we sell, but who we sell to.
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The news beat on AI continues as, “You must have it!” But now we also hear “companies are struggling with AI” too. One recent survey found that 71% of CFOs are "flying blind" and struggling to monetize AI. Initiatives built around a disruptive technology like AI are always challenging because both the technology and its applications are unfamiliar. In the case of AI they can also be abstract. “Work smarter not harder” is a great tagline, but “smarter” is hard to measure without standardized testing.
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Accurate recording and balancing of lease/loan entries are crucial to ensuring that your financial statements reflect your true financial position and meet compliance requirements.
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