The KPMG report *AI in Finance: Transforming the Finance Function* explores how UK companies are integrating AI into financial operations. With 73% already using AI and nearly all expecting to within three years, adoption spans reporting, planning, treasury, tax, and risk management. Benefits include improved efficiency, data accuracy, cost savings, and predictive insights. AI leaders invest more in skills and technology, see stronger ROI, and address challenges like data security, integration, and transparency. The report urges firms to expand use cases, train staff, and collaborate with auditors to ensure responsible, value-driven AI deployment.

Join for free to read