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[BUSINESS] · Brazil · 7 sources

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Brazilian CFOs Boost Tech and AI Spending, Grant Thornton Survey Shows

A Grant Thornton survey of 232 chief financial officers (CFOs) in Brazil found that, despite a pessimistic economic outlook, 67% plan to increase investments in technology and digital transformation over the next 12 months. Only 37% of CFOs expressed optimism about the economy—the lowest level in the past five years—while 40% are pessimistic, citing persistent inflation, geopolitical tensions, supply‑chain volatility and rising operating costs.

The study highlights a shift in the CFO role: finance leaders are now directly involved in decisions on innovation, digital transformation and artificial intelligence (AI). Marco Aurélio Neves, senior partner at Grant Thornton, said the CFO has become a strategic partner in defining business strategy. While AI adoption moves from a speculative phase to a financial‑decision phase, many firms still lack clear metrics to assess AI’s return on investment, prompting a focus on governance and disciplined capital allocation.

A separate global McKinsey survey cited in the coverage reported that 85% of CFOs believe AI will generate insights that reduce manual analysis, and 83% expect significant productivity gains, underscoring the broader momentum toward AI‑driven finance functions.

Entities

Chief Financial Officers (CFOs) · Grant Thornton · Marco Aurélio Neves · McKinsey & Company

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