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AI adoption in finance hits 76%, governance and AI

🤖 AI Adoption in Finance Hits 76%, Governance

Published by OOPSONLINE.IN · Source: The Economic Times · 1 min read · · Updated

What actually happened

Artificial intelligence (AI) has reached an inflection point in finance, with 76% of organisations already using it in financial planning. However, while adoption is outpacing organisations' ability to scale AI across the enterprise, the next competitive edge will depend on building AI-centric finance operating models and robust governance frameworks, as per a report by KPMG.

Key points

  • Artificial intelligence (AI) has reached an inflection point in finance, with 76% of organisations already using it in financial planning.
  • However, while adoption is outpacing organisations' ability to scale AI across the enterprise, the next competitive edge will depend on building AI-centric finance operating models and robust governance frameworks, as per a report by KPMG.

Summary based on data provided by The Economic Times. Full article available at the original publisher.

  • #ai
  • #adoption
  • #finance
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