AI-Fuelled™ Finance Transformation

The raw ability of AI and Generative AI has been growing fast, and the business applicability of Generative AI in finance isn't far behind. The elements needed to surround that technology for business impact—such as data discipline, governance, regulatory clarity, and product functionality—are catching up quickly. Finance leaders may find themselves in a bind: Get out ahead of the curve, but potentially misstep. Wait too long, and you risk falling behind. The challenge now is to find a "sweet spot" of measured AI adoption. Read our full report and find out how.

As new AI capabilities approach a more active role in finance—and existing ones find more and more application—the finance function will begin to look different. Because AI facilitates real-time visibility and reporting, periodic closes may fade in significance and the volume of finance work may become more consistent across time. And finance team members may become more embedded across the fabric of the business. See our findings and learn where the road ahead may lead in our full report.

AI will be more than a new toolbox for finance. It will likely change entire value chains, along with the very structure and function of finance teams. That means it demands your attention, despite “competing priorities and time” (which a recent Deloitte poll found to be the leading AI adoption hurdle for finance teams—greater than cost, security, or value). If you're waiting for AI to rise to the top of your to-do list, it may never get there. But you should consider making it happen, even if you start small. Discover your next steps in our full report.