Curated News
By: NewsRamp Editorial Staff
September 22, 2025
CohnReznick: Why Businesses Should Take Strategic Approach to AI Adoption
TLDR
- CohnReznick's strategic AI approach gives businesses a competitive edge by identifying specific problems before implementation to maximize efficiency and minimize risks.
- CohnReznick recommends starting with existing software's built-in AI features and conducting use case hackathons to systematically identify and address business challenges.
- CohnReznick's thoughtful AI implementation helps businesses make better decisions that improve operations and create more stable, efficient organizations for employees and customers.
- CohnReznick developed an AI tool that transforms a twelve-minute financial survey into actionable tariff and supply chain risk strategies for manufacturers.
Impact - Why it Matters
This news matters because it addresses a critical challenge facing businesses today: how to responsibly integrate AI without falling prey to hype-driven implementation. As companies across industries feel pressure to adopt artificial intelligence, CohnReznick's strategic framework provides a necessary counterbalance to the 'AI for AI's sake' mentality that can lead to wasted resources, security vulnerabilities, and compliance issues. The firm's emphasis on problem-first thinking rather than technology-first implementation offers a sustainable model for digital transformation that prioritizes actual business needs over technological trends. For readers, this approach demonstrates how organizations can leverage AI's benefits while minimizing risks—particularly important as cybersecurity threats evolve alongside AI capabilities and regulatory frameworks struggle to keep pace with technological innovation. CohnReznick's century of experience in risk management and business advisory lends credibility to their methodology, making this guidance valuable for business leaders navigating the complex AI landscape.
Summary
In a rapidly evolving technological landscape dominated by artificial intelligence, accounting and consulting firm CohnReznick is advising businesses to adopt a measured, strategic approach to AI implementation rather than rushing adoption for its own sake. According to Sabrina Quinn, national sales director at the century-old firm, companies should first identify specific business challenges and then determine whether AI is the appropriate solution. This cautious methodology helps organizations avoid potential pitfalls including cybersecurity threats, regulatory compliance issues, and wasted resources while still leveraging AI's benefits. CohnReznick, which provides services across finance, healthcare, retail, and manufacturing sectors, emphasizes that AI should be viewed as a tool for enabling better business decisions rather than as a transformative magic bullet.
CohnReznick practices what it preaches through internal initiatives like their current "use case hackathon" where sales and marketing teams identify daily challenges that could benefit from AI enhancement. The firm recommends starting with existing software applications that already contain built-in AI functionality, such as customer relationship management or project management tools. Quinn describes this approach as embedding AI "into use cases day by day" rather than implementing dramatic overhauls. The company's philosophy centers on practical applications that boost productivity and efficiency, particularly helpful for veteran employees accustomed to traditional methods who become convinced when they see tangible improvements in their workflow and customer interactions.
The firm demonstrates AI's practical value through tools like their RQ Trim risk quantification model, which helps manufacturing, distribution, and financial services clients navigate complex challenges including tariffs, inflation, and supply chain volatility. This AI-powered tool processes financial inputs from a twelve-minute survey to deliver actionable strategies and executive-ready insights, enabling companies to quantify risks and optimize performance. CohnReznick's approach reflects the broader context of the Fourth Industrial Revolution, where businesses must balance technological advancement with strategic implementation to achieve sustainable growth without exposing themselves to unnecessary vulnerabilities in an increasingly digital business environment.
Source Statement
This curated news summary relied on content disributed by NewMediaWire. Read the original source here, CohnReznick: Why Businesses Should Take Strategic Approach to AI Adoption
