COOs and AI: Harnessing New Technology for Real Results
AI can fully automate up to 42% of business activities, and up to 60% of accounting tasks - especially repetitive, manual tasks.
With all the buzz around AI, operations leaders face increasing pressure to leverage modern technologies to enhance operational performance, reduce costs, and bring teams together. According to a survey by PwC, more than half of COOs say increasing the use of AI is a high priority, and 68% think their company is behind the competition in adopting new technologies.
But what makes AI so impactful for operations? At its core, AI uses data-driven probabilities rather than rigid rules, enabling machines to handle tasks that once required human intelligence—think decision-making, perception, and even language translation. The emergence of generative AI takes this even further, powering content creation, information summarization, and interactive Q&A in plain language.
Looking Through The Window of AI Opportunity
The operational potential of AI is vast. Experts estimate that between 40% and 60% of accounting and finance functions are ripe for automation when combined with enterprise resource planning (ERP) systems. McKinsey & Company states that today’s technology could fully automate up to 42% of business activities, and Deloitte finds up to 60% of accounting tasks can be automated in certain contexts.
For COOs, the benefits are clear. AI can relieve teams of repetitive, manual workflows—freeing up time for strategic initiatives and innovation. It also enables smarter predictive analytics, allowing leaders to anticipate resource needs and mitigate risks with greater accuracy. When integrated with modern ERP and Business Intelligence platforms, AI provides a holistic view of operations, driving faster, more informed decision-making.
The best way to start is by targeting “low-hanging fruit”: manual processes and bottlenecks that slow productivity. Automating reports, streamlining workflows, and reducing redundancies can deliver immediate results. With 95% of organizations planning to expand their use of AI, according to Microsoft, embracing responsible AI practices is key to scaling operations and securing a competitive edge.
Dynamics 365 for Finance and Supply Chain Management, as well as Business Central feature embedded AI capabilities thanks to Copilot. That means new levels of visibility and insights into your own data, more process automations built on set parameters, and quicker decision-making.
Let Velosio Be Your Copilot
Velosio is here to help you navigate Copilot and Dynamics 365 Finance, Supply Chain Management, or Business Central – exploring capabilities and helping you maximize the technology’s value to your organization. Our close relationship with Microsoft and 30 years of industry experience keep us at the forefront of software developments, and we’re here to help you better understand existing capabilities and how to incorporate them into your business.
If you’re ready to start your digital transformation journey and see how AI can help you create more efficient processes and deeper insights, contact us today. Our experienced consultants can answer your questions, provide in-depth demonstrations, and help you discover how this powerful tool can transform your business.