IPOs and M&As (34%) are the top priority for UK finance leaders in 2024, ahead of investing in AI (33%) and becoming more purpose-driven and sustainable (31%).
UK finance leaders are already using AI to cut costs and increase productivity in key areas, including strategic sourcing (28%), AP automation (27%), procurement (27%), and supply chain design & planning (22%).
38% of finance leaders plan to reduce overall budgets within the next 6-12 months to maintain profitability.
50% of finance leaders are worried about hitting revenue forecasts in the next 6-12 months, and 59% are concerned about hitting end of year financial goals.
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