Press release

39% of Finance Organizations Now Utilizing AI, Reveals Shift Towards Automated Bookkeeping Solutions

Miami, Florida, February 6, 2024: A recent survey from leading research and advisory firm Gartner shows that the adoption of artificial intelligence (AI) and automation technologies within the finance function is growing rapidly. The survey found that 39% of organizations currently use some form of AI or machine learning in areas like accounting, financial planning and analysis (FP&A), and other finance workflows. This represents an increase from 31% in 2021 and underscores a significant trend of digitization and technology modernization taking place across the finance industry.
While larger enterprises have led the way in adopting AI-powered finance solutions, the Gartner survey revealed that usage is becoming more mainstream even among small- and medium-sized businesses.
Over 50% of organizations with annual revenues above $10 billion currently utilize AI, demonstrating its strategic importance for the largest global players.

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