Latest news with #KarenAbramson


Forbes
7 days ago
- Business
- Forbes
Agentic AI Is Here: Is Your Organization Ready To Absorb It?
Karen Abramson (She/Her), CEO of Wolters Kluwer Corporate Performance & ESG. In today's AI-fueled economy, it's not just the smartest or most advanced or most expensive technologies that win—it's the most adaptable organizations. Need some convincing? Look no further than business scholars Wesley Cohen and Daniel Levinthal, who, back in the 1990s, coined the concept of 'absorptive capacity.' This business theory argues that an organization's ability to win competitive advantage lies within its ability to not just recognize, but also absorb and apply new knowledge. Fast forward to 2025, and absorptive capacity is a mission-critical concept that's essential for all future-focused organizations, especially as agentic AI takes hold. Agentic AI refers to autonomous systems that can plan, decide and act without human prompting. And it's more than just the next wave of GenAI. It's what PwC calls "the new frontier." According to KPMG's AI 2025 Quarterly Pulse Survey, 65% of companies are already piloting agentic AI. And Gartner predicts that by 2028, 33% of enterprise software applications will include agentic AI, enabling 15% of day-to-day work decisions to be made autonomously. These stats demonstrate that agentic AI isn't a distant trend. It's already reshaping workflows, redefining roles and reframing what productivity looks like. But here's the catch: Technology alone doesn't drive transformation. The differentiator is whether your organization can absorb it—whether it can quickly integrate new knowledge, adapt workflows and behaviors and translate insight into action. That's what absorptive capacity makes possible. It's the invisible infrastructure behind every successful AI initiative—and the reason some companies turn innovation into a competitive advantage while others lag. From Tasks To Autonomy: The (R)evolution Toward Agentic AI AI has evolved quickly—from automating rote tasks like invoice processing to generating content, code and analysis with large language models. Now, agentic AI is taking us even further. Unlike earlier forms of AI that wait for human prompts, agentic systems initiate and complete multistep workflows. They gather data, analyze it, make decisions and take action. And they do it all autonomously. In finance, that might look like automatically flagging compliance risks, generating real-time audit reports or adjusting cash flow forecasts in response to market shifts. This leap isn't just about efficiency—it's about orchestration. Organizations that pair agentic AI with the organizational capacity to absorb and act on its insight won't just operate faster—they'll operate smarter. API + Agentic AI: Accelerating Absorptive Capacity In Action If agentic AI is the brain, APIs are the nervous system—enabling action, coordination and feedback, enterprise-wide. Together, they don't just automate tasks—they power continuous learning and adaptation. In other words, they help operationalize absorptive capacity. APIs allow agentic AI to interact directly with core systems, triggering actions in enterprise resource planning (ERP) platforms, updating customer relationship management (CRM) records and pushing alerts to compliance tools. This seamless connectivity turns insight into action. And that's the essence of realized absorptive capacity: not just knowing something new, but doing something with it—quickly and at scale. Here's how it works: Agentic AI ingests live data, draws conclusions and takes informed next steps. APIs carry those steps into execution, feeding outcomes back into the AI system for continuous improvement. This closed-loop system amplifies an organization's ability to absorb new information and translate it into performance gains. For finance teams, this could mean agentic AI automatically initiating vendor payments, adjusting forecasts or triggering alerts around policy changes without human bottlenecks. For internal audit, it could enable continuous control testing with near-zero manual oversight. Ultimately, the pairing of agentic AI and APIs doesn't just boost productivity—it strengthens your organization's absorptive muscle. And that's the kind of agility that turns disruption into a competitive edge. Five Behaviors That Fuel Your Team's Absorptive Capacity If APIs are like agentic AI's nervous system, then absorptive behaviors—like curiosity, knowledge sharing, experimentation, strategic thinking and learning—are the metabolism that drives how quickly and effectively organizations can leverage agentic AI as a competitive advantage. That's why fostering these five behaviors will empower finance teams to fully realize the benefits of agentic AI. 1. Curiosity At Scale: In future-ready organizations, curiosity isn't just tolerated—it's institutionalized. These organizations encourage questions, welcome dissent and reward those who challenge assumptions. This mindset is essential for agentic AI, which often uncovers unexpected patterns, proposes unprompted actions or flats unfamiliar risks. Teams that ask 'What is agentic AI telling us, and why?' are the ones most likely to unlock its full value. 2. Fluid Knowledge Sharing: Silos kill innovation. Absorptive organizations create systems and incentives that move ideas, data and insights fluidly across teams, regions and departments. Finance shares with operations. Legal loops in tech. Knowledge isn't hoarded—it flows. This transparency accelerates how fast insights become action, which is crucial when agentic AI relies on connected, real-time inputs to deliver value. 3. Purposeful Experimentation: High-capacity organizations know that R&D doesn't live in a lab. They test ideas inside real workflows, including agentic AI pilots. They treat pilots not as side projects, but as core operations—measuring, iterating and learning with speed. 4. Strategic Linkages: No organization has all the answers. That's why the most resilient companies plug into a network—universities, startups, think tanks, technology partners. These external inputs keep ideas fresh and shape where and how agentic AI can be applied most effectively. 5. Leadership That Rewards Learning, Not Just Results: Too many leaders reward outcomes and punish missteps. Instead, absorptive leaders reward progress and learning. They build cultures where exploration is valued as much as execution. In fast-evolving fields like AI, this mindset can be the difference between thriving and lagging. Together, these behaviors transform passive knowledge collection into dynamic action, and that's what gives companies a competitive edge when disruption hits. Absorptive capacity is no longer a theoretical concept—it's a prerequisite for thriving in a tech-driven economy. In an agentic AI world, where speed, adaptability and insight are the new currency, finance leaders who cultivate this capacity won't just keep up—they'll lead. And those who don't? They'll be left absorbing the shockwaves. Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs and technology executives. Do I qualify?


Business Wire
15-07-2025
- Business
- Business Wire
Wolters Kluwer ranked as Leader in Nucleus Research Supply Chain Planning Technology Value Matrix
NEW YORK--(BUSINESS WIRE)--Wolters Kluwer, a global leader in professional information, software solutions and services, has been named Leader for the fifth consecutive year in the Nucleus Research Supply Chain Planning (SCP) Technology Value Matrix. The report recognizes the finance-forward CCH ® Tagetik Supply Chain Planning solution for leveraging AI and integrating supply chain, financial and operational data to expedite and improve company-wide planning. Karen Abramson, CEO of Wolters Kluwer Corporate Performance & ESG, said: ' Wolters Kluwer's repeated Leader rankings in the Nucleus Research SCP Technology Value Matrix demonstrate our commitment to excellence and innovation. Our AI-powered CCH Tagetik Intelligent Platform enables the digital transformation of the office of the CFO and enhances organizational visibility into supply chain, financial and operational data. We remain committed to product excellence and innovation, anticipating market trends and delivering solutions that meet the evolving needs of our customers.' For 2025, Nucleus Research highlighted new CCH Tagetik capabilities including Ask AI, a super agent that harnesses agentic AI to enable the simplification of scenario planning, forecast analysis and user interaction through visual dashboards, graphs and reports AI-based predictive intelligence and extended planning solutions. In addition, the report highlights further AI-enabled enhancements including driver-based analysis that supports Supply Chain Leaders, CFOs and their peers to identify opportunities and optimize operational efficiencies, resulting in faster, more accurate and better-informed decisions. Charles Brennan, Senior Analyst, Nucleus Research, said: ' Many businesses struggle to manage their vast amounts of data effectively. Organizations need a supply chain planning tool to analyze and integrate this data for better decision-making and cost reduction. Nucleus found that Wolters Kluwer's investments in AI and integrated business planning enable CCH Tagetik customers to manage complex data more effectively, enhance enterprise planning and achieve stronger returns on investment.' Wolters Kluwer Corporate Performance & ESG (CP & ESG) division is the world's leading provider of integrated software solutions for EHS, ESG, Corporate Performance Management and Audit and Assurance. Through innovative technology and unique expertise, Wolters Kluwer CP & ESG enables business leaders to make informed, strategic decisions driving transformation, performance and risk management for a sustainable and resilient world. About Wolters Kluwer Wolters Kluwer (EURONEXT: WKL) is a global leader in information, software solutions and services for professionals in healthcare; tax and accounting; financial and corporate compliance; legal and regulatory; corporate performance and ESG. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with technology and services. Wolters Kluwer reported 2024 annual revenues of €5.9 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 21,600 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands. For more information, visit follow us on LinkedIn, Facebook, YouTube and Instagram.
Yahoo
11-07-2025
- Business
- Yahoo
Wolters Kluwer named Premier Leader in BPM Partners Vendor Landscape Matrix for third consecutive year for CCH Tagetik Intelligent Platform
NEW YORK, July 11, 2025--(BUSINESS WIRE)--Wolters Kluwer, a global leader in information, software, and services for professionals, today announced that its AI-powered CCH Tagetik Intelligent Platform has again been named Premier Leader in BPM Partners Vendor Landscape Matrix. CCH Tagetik was further commended in the 2025 BPM Partners Vendor Landscape Matrix with a ranking of 'Outstanding' in Financial Consolidation and Customer Success and 'Excellent' in Financial Planning. Karen Abramson, CEO of Wolters Kluwer Corporate Performance & ESG, said: "We are honored that CCH Tagetik has been acknowledged as a Premier Leader for the third year running. We are committed to product excellence and innovation, and last year, we launched the market's first AI-powered corporate performance management platform—the CCH Tagetik Intelligent Platform with Ask AI—and we have now evolved Ask AI to an embedded super agent. We focus on anticipating emerging market trends and responding with solutions that support customers' current and future needs across business performance and transformation, and strategic risk management." The award-winning, AI-powered CCH® Tagetik Intelligent Platform digitally transforms the Office of the CFO's efficiency, accuracy, and strategic ability. It is a unified AI-powered platform for financial performance management (financial consolidation and close; budgeting, planning, and forecasting; ESG and regulatory reporting; corporate tax). At the heart of its continuous evolution is Ask AI—an emerging super agent that embodies Agentic AI with a Finance Brain™. Designed to address finance-specific needs, Ask AI supports a growing range of use cases: from self-service analytics through natural language–driven data exploration and visualization, to tasks execution with diagnostic checks for financial close and consolidation, and intelligent assistance in configuring data transformation processes. BPM Partners is the leading independent authority on business performance management (BPM/CPM/EPM) and related business intelligence solutions and has been recognized by Forbes as one of America's Best Management Consulting Firms. The company helps organizations address their budgeting, planning, financial consolidation, close and reporting, regulatory compliance, profitability optimization, key performance indicator (KPI) development, and operational performance challenges. Craig Schiff, President and CEO at BPM Partners, said: "Wolters Kluwer's high customer satisfaction scores, the comprehensive and innovative nature of its CCH Tagetik platform, and its commitment to continually investing in AI to drive the continued digital transformation of the Office of the CFO, all contribute to its third consecutive year as Premier Leader in our Vendor Landscape Matrix." Corporate Performance Management (CPM) business unit is part of the Wolters Kluwer Corporate Performance & ESG (CP & ESG) division. The division is the world's leading provider of integrated software solutions for EHS, ESG, Corporate Performance Management and Audit and Assurance. Through innovative technology and unique expertise, Wolters Kluwer CP & ESG enables business leaders to make informed, strategic decisions driving transformation, performance and risk management for a sustainable and resilient world. About Wolters Kluwer Wolters Kluwer (EURONEXT: WKL) is a global leader in information, software solutions and services for professionals in healthcare; tax and accounting; financial and corporate compliance; legal and regulatory; corporate performance and ESG. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with technology and services. Wolters Kluwer reported 2024 annual revenues of €5.9 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 21,600 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands. For more information, visit follow us on LinkedIn, Facebook, YouTube and Instagram. View source version on Contacts Media Contact Sarah WhybrowAssociate Director, External CommunicationsCorporate Performance & ESGWolters KluwerMob: +44 7855 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Business Wire
11-07-2025
- Business
- Business Wire
Wolters Kluwer named Premier Leader in BPM Partners Vendor Landscape Matrix for third consecutive year for CCH Tagetik Intelligent Platform
NEW YORK--(BUSINESS WIRE)--Wolters Kluwer, a global leader in information, software, and services for professionals, today announced that its AI-powered CCH Tagetik Intelligent Platform has again been named Premier Leader in BPM Partners Vendor Landscape Matrix. CCH Tagetik was further commended in the 2025 BPM Partners Vendor Landscape Matrix with a ranking of 'Outstanding' in Financial Consolidation and Customer Success and 'Excellent' in Financial Planning. Karen Abramson, CEO of Wolters Kluwer Corporate Performance & ESG, said: 'We are honored that CCH Tagetik has been acknowledged as a Premier Leader for the third year running. We are committed to product excellence and innovation, and last year, we launched the market's first AI-powered corporate performance management platform—the CCH Tagetik Intelligent Platform with Ask AI —and we have now evolved Ask AI to an embedded super agent. We focus on anticipating emerging market trends and responding with solutions that support customers' current and future needs across business performance and transformation, and strategic risk management.' The award-winning, AI-powered CCH® Tagetik Intelligent Platform digitally transforms the Office of the CFO's efficiency, accuracy, and strategic ability. It is a unified AI-powered platform for financial performance management (financial consolidation and close; budgeting, planning, and forecasting; ESG and regulatory reporting; corporate tax). At the heart of its continuous evolution is Ask AI —an emerging super agent that embodies Agentic AI with a Finance Brain™. Designed to address finance-specific needs, Ask AI supports a growing range of use cases: from self-service analytics through natural language–driven data exploration and visualization, to tasks execution with diagnostic checks for financial close and consolidation, and intelligent assistance in configuring data transformation processes. BPM Partners is the leading independent authority on business performance management (BPM/CPM/EPM) and related business intelligence solutions and has been recognized by Forbes as one of America's Best Management Consulting Firms. The company helps organizations address their budgeting, planning, financial consolidation, close and reporting, regulatory compliance, profitability optimization, key performance indicator (KPI) development, and operational performance challenges. Craig Schiff, President and CEO at BPM Partners, said: 'Wolters Kluwer's high customer satisfaction scores, the comprehensive and innovative nature of its CCH Tagetik platform, and its commitment to continually investing in AI to drive the continued digital transformation of the Office of the CFO, all contribute to its third consecutive year as Premier Leader in our Vendor Landscape Matrix.' Corporate Performance Management (CPM) business unit is part of the Wolters Kluwer Corporate Performance & ESG (CP & ESG) division. The division is the world's leading provider of integrated software solutions for EHS, ESG, Corporate Performance Management and Audit and Assurance. Through innovative technology and unique expertise, Wolters Kluwer CP & ESG enables business leaders to make informed, strategic decisions driving transformation, performance and risk management for a sustainable and resilient world. About Wolters Kluwer Wolters Kluwer (EURONEXT: WKL) is a global leader in information, software solutions and services for professionals in healthcare; tax and accounting; financial and corporate compliance; legal and regulatory; corporate performance and ESG. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with technology and services. Wolters Kluwer reported 2024 annual revenues of €5.9 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 21,600 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands. For more information, visit follow us on LinkedIn, Facebook, YouTube and Instagram.
Yahoo
10-07-2025
- Business
- Yahoo
Wolters Kluwer recognized by Gartner® in 2025 Market Guide for ESG Management and Reporting Software
NEW YORK, July 10, 2025--(BUSINESS WIRE)--Wolters Kluwer, a global leader in professional information, software solutions and services, today announced that it has been recognized by Gartner® in the 2025 Market Guide for ESG Management and Reporting Software. Gartner delivers actionable, objective insight to executives and their teams. Its expert guidance and tools enable faster, smarter decisions and stronger performance on an organization's mission-critical priorities. Karen Abramson, CEO of Wolters Kluwer Corporate Performance & ESG, said: "Wolters Kluwer is honored to be recognized by Gartner® in its 2025 Market Guide for ESG Management and Reporting Software. We remain committed to product excellence and innovation, anticipating market trends and delivering solutions that meet the evolving needs of CFOs and CSOs." Wolters Kluwer enables CFOs and CSOs to harness ESG and operational data to plan, predict and act through its award winning ESG and Sustainability solutions including: CCH Tagetik ESG & Sustainability Performance Management, built on CCH Tagetik's leading, AI-powered, Corporate Performance Management platform, integrates sustainability with finance to support strategic decision-making, drive long-term resilience, and enable sustainable growth. CCH Tagetik simplifies sustainability disclosures in alignment with evolving regulatory requirements to ensure compliance, enhance transparency, and build stakeholder trust. Enablon ESG Excellence, built on Enablon's leading EHS platform, enables companies to streamline the collection of granular operational data, ensuring both data quality and auditability for performance management and disclosures. The solution supports comprehensive risk management, enhances operational resilience, and empowers organizations to boost sustainability performance. Wolters Kluwer Corporate Performance & ESG (CP & ESG) division is the world's leading provider of integrated software solutions for EHS, ESG, Corporate Performance Management and Audit and Assurance. Through innovative technology and unique expertise, Wolters Kluwer CP & ESG enables business leaders to make informed, strategic decisions driving transformation, performance and risk management for a sustainable and resilient world. Gartner, Market Guide for ESG Reporting and Management Software, 25 June 2025 Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved. About Wolters Kluwer Wolters Kluwer (EURONEXT: WKL) is a global leader in information, software solutions and services for professionals in healthcare; tax and accounting; financial and corporate compliance; legal and regulatory; corporate performance and ESG. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with technology and services. Wolters Kluwer reported 2024 annual revenues of €5.9 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 21,600 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands. For more information, visit follow us on LinkedIn, Facebook, YouTube and Instagram. View source version on Contacts Media Contact Sarah WhybrowAssociate Director, External CommunicationsCorporate Performance & ESGWolters KluwerMob: +44 7855 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data