HSO
Global Autonomous Finance Benchmark 2024 Report
Pages
35
Time to read
65 mins
Publication
Language
English
Pages
35
Time to read
65 mins
Publication
Language
English
This research report presents findings from a survey conducted to assess the current state of Autonomous Finance among finance professionals and CFOs globally. The survey involved over 1,600 respondents from various sectors and regions, aiming to benchmark progress towards AI-powered finance. The report outlines key themes such as the desire of finance teams to transition from traditional tasks to strategic roles, the challenges in automating core processes, and the dual nature of data as both a challenge and an opportunity. It also highlights the integration of AI within finance functions, noting that while a significant portion of respondents report AI usage, barriers to adoption remain. The report emphasizes the need for finance leaders to see quicker value from technology projects and presents insights on the demographics of the participants, including their roles and company sizes. Overall, it aims to provide organizations with a framework to track their progress towards achieving Autonomous Finance.