AI adoption across Finance functions achieves standout levels of ROI with usage only set to increase

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71% of organisations are using AI in their finance operations

--> Financial reporting is the most common usage area – but this is widening out to include treasury management, risk management and tax

The research, published in the KPMG global AI in finance report, covered 2,900 organisations across 23 countries and built upon research conducted earlier this year across 1,800 organisations in 10 countries. A maturity framework was created to assess respondents into three AI-readiness groups: 24% of organisations qualify as Leaders, while 58% are middle ground Implementers, and 18% are Beginners.

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