A recent survey of finance leaders reveals a growing reliance on artificial intelligence (AI) within the finance sector.
According to Gartner's 2024 study, which surveyed 121 finance executives, 58% of organizations have integrated AI into their finance operations — a significant rise from 37% in the previous year's survey.
The study highlights three key areas where organizations use AI: intelligent process automation, anomaly and error detection, and advanced analytics.
These applications help companies streamline financial workflows, detect irregularities and derive insights from vast datasets more efficiently.
Additionally, 27% of respondents reported using AI for operational assistance and augmentation, further underscoring its role in enhancing decision-making and optimizing financial processes. Read more.