Nearly two-thirds of large Irish companies using AI in financial reporting

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Kpmg Berita

Artificial-Intelligence

Executives cite advantages such as predicting trends, effects and providing real-time insight into risks

Financial executives and board members in almost two-thirds of large Irish companies are either using or piloting artificial intelligence in financial reporting, according to a new survey carried out by KPMG.

The Irish figures come from an international study carried out by KPMG into companies in the Republic, UK, US, Australia, Canada, France, Germany, Japan, the Netherlands, and Spain. It focused on companies with annual revenues of between $250 million and over $1 billion in the retail, energy, chemicals, healthcare, industrial manufacturing, technology and financial services sectors.

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