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Executives are bullish on GenAI use within finance and accounting despite low adoption rates

GenAI adoption in finance and accounting is growing, with 6.6% of organizations already implementing it, 27.8% planning future use, and 38.7% establishing governance strategies.

"Looking at the next 12 months, responding executives say that cash flow forecasting (23.7%) presents the biggest opportunity for GenAI within their organization’s finance and accounting function, followed closely by scenario planning (21.1%), expense reporting (18.1%) and financial controls management (14.1%)."

Tags

accounting, industry, ai, CFO stack