Findings

Finance AI Adoption is Higher than Expected

84% of finance leaders are personally using Generative AI, and 77% of those are doing so within a company authorized AI program.  This extrapolates to 65% of finance leaders are using AI within a company approved AI program

AI Adoption in Finance is Accelerating

63% of research participants report their companies have adopted AI in Finance over the past 12 months. Only 11% have been using AI in Finance for more than 24 months

CEOs are leading AI Adoption - in Finance

44% of companies using AI in Finance report the CEO is the key driver, while 28% say the CFO is driving the utilization. Another 26% say it is the department head(s) within Finance driving their AI initiatives. This highlights that AI programs are primarily a top down initiative in almost every company

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