Finance Teams Accelerate AI Adoption Amid Trust Concerns
A global survey of 1,600 finance professionals found that more than 60% of finance teams have expanded their use of real‑time operational data in the past two years and nearly 60% now collaborate closely with data and IT functions. However, 93% expressed worries about the integrity and verifiability of AI‑generated insights, citing hallucinations, bias and incomplete data. In Australia and New Zealand, about 70% reported only basic generative‑AI skills, and data‑quality issues were flagged by 42% of respondents.
Industry commentary highlights that AI‑driven finance analytics can deliver real‑time risk monitoring, predictive cash‑flow forecasting, automated credit assessments and portfolio segmentation, all while complying with regulations such as GDPR and SOX. Proponents argue these capabilities enable finance leaders to move from reactive reporting to proactive, strategic decision‑making.