KPMG’s recent global AI in finance study found that the use of AI is rapidly expanding across corporate finance: 71% of companies surveyed are using AI within finance operations, 41% of them to a moderate or large degree.
Such is the pace of AI development – and the speed of its adoption – The KPMG global AI in finance study was conducted among CFOs and finance executives across 2,900 companies spread across 23 countries and territories and 6 industries and found that the companies surveyed are rolling out AI across wider areas of finance, including accounting, financial planning, treasury management, risk management, and tax management. AI is truly a global phenomenon, and it is being adopted by finance teams across the world.
The Al-empowered finance function: Are you ready?
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Progress made in the use of AI in finance areas
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