The AI-empowered finance function: Are you ready?

KPMG’s global AI in finance study found that the use of AI is rapidly expanding across corporate finance: 71% of companies surveyed are using AI within finance operations, 41% of them to a moderate or large degree.

The KPMG global AI in finance study was conducted among CFOs and finance executives at 2,900 companies across 23 countries and regions and six industries. It found that companies are implementing AI across many areas of finance, including accounting, financial planning, treasury management, risk management, and tax management.

To enable companies to utilize AI’s full potential, we developed the KPMG AI in Finance Maturity Benchmarking tool to help assess a company’s progress in their AI transformation journey.