Deloitte launches AI Advantage for CFOs solution

Big Four accountancy Deloitte has launched AI Advantage for CFOs, an analytics and insights platform built in collaboration with AWS and Anthropic.

The platform is built on technologies including Amazon Bedrock Data Automation and Anthropic’s Claude 3.7 Sonnet model.

It includes Finance Automation Agents, a solution that automates finance processes with AI agents and AI finance analysis, and generates valuable insights from structured and unstructured data.

“Every executive is looking at AI for competitive advantage, so we have built a game-changing solution that brings together Deloitte’s deep functional and industry experience and world-class AI capabilities to help drive AI-powered transformation across industries and business functions including finance, operations, marketing and HR,” said Diego Saenz, managing director, Deloitte Consulting.

Volkswagen Group Argentina will be one of the first global clients to implement the AI Advantage for CFOs solution.

“We are looking forward to co-innovating with Deloitte, AWS and Anthropic to help transform our finance operations and shape the future of the automotive business in Argentina,” said Oliver Hille, chief finance officer, Volkswagen Group Argentina.

Deloitte is also launching a center of excellence (CoE) for AI Advantage for CFOs. The CoE will work with CFOs and finance teams to identify opportunities for AI to streamline financial planning and improve forecast accuracy, and then prototype and bring into production use cases.

Deloitte in 2023 launched its generative AI practice, which helps clients develop AI strategies and build and implement solutions. Internally, the firm has implemented purpose-specific LLMs and chatbots to support specialized teams and has pledged more than $2 billion to global technology learning and development initiatives.