The KPMG Global AI in Finance report reveals that 71% of companies already use AI in finance, with expectations for near-universal adoption within three years. AI is transforming finance by improving accuracy, efficiency, and decision-making across functions like accounting, planning, tax, and treasury. Leaders in AI adoption see higher ROI, with benefits including cost reduction and predictive insights. Barriers remain—such as data security, integration challenges, and lack of skills—but leaders overcome them through investment, governance, and assurance. The report urges companies to prioritize strategy, training, and auditor collaboration to drive value and build trust.

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