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89% of Finance Teams Yet to Embrace Artificial Intelligence, Says Study

January 26, 2019

89% of Finance Teams Yet to Embrace Artificial Intelligence, Says Study

Even though artificial intelligence (AI) has today become more powerful than ever, it’s yet to be properly used by finance teams due to their lack of digital skills, says a new study that involved more than 700 finance leaders across the world.

The “Agile Finance Unleashed” study that was released by the Association of International Certified Professional Accountants and Oracle says that 89% of the companies are yet to use AI in their finance departments which is hurting their revenue growth. It also says that 46% of tech-savvy finance leaders report positive revenue growth against the 29% finance leaders that are tech-challenged. 

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