[{"data":1,"prerenderedAt":2176},["ShallowReactive",2],{"en-blog/the-state-of-ai-in-finance":3,"en-global-content":352,"en-article-global-content":1578,"en-blog-article-more-articles-630285280":1843},{"name":4,"created_at":5,"published_at":6,"updated_at":7,"id":8,"uuid":9,"content":10,"slug":341,"full_slug":342,"sort_by_date":51,"position":343,"tag_list":344,"is_startpage":25,"parent_id":345,"meta_data":51,"group_id":346,"first_published_at":6,"release_id":51,"lang":69,"path":51,"alternates":347,"default_full_slug":342,"translated_slugs":348},"The state of AI in finance: What you need to know in 2025","2025-02-21T15:08:08.521Z","2026-03-12T10:47:18.012Z","2026-03-12T10:48:05.508Z",630285280,"732f2867-f3ae-42e8-aeea-71a6916f837e",{"_uid":11,"roles":12,"title":4,"author":13,"topics":78,"content":110,"category":301,"language":326,"component":314,"heroMedia":329,"sidebarCta":336,"publishedAt":337,"readingTime":338,"redirectUrl":23,"listingImage":339,"metaDescription":340},"605d5011-7b1d-4887-94b1-20cab0eb6b3f",[],{"name":14,"created_at":15,"published_at":6,"updated_at":16,"id":17,"uuid":18,"content":19,"slug":62,"full_slug":63,"sort_by_date":51,"position":64,"tag_list":65,"is_startpage":25,"parent_id":66,"meta_data":51,"group_id":67,"first_published_at":68,"release_id":51,"lang":69,"path":51,"alternates":70,"default_full_slug":63,"translated_slugs":71,"_stopResolving":37},"Chris Dunne","2024-11-25T19:47:17.907Z","2026-03-12T10:48:04.132Z",584506034,"ced1d806-6e64-42d6-8b0f-d708ebbdbbfa",{"_uid":20,"links":21,"picture":38,"lastName":42,"component":43,"firstName":44,"description":45},"88e4340f-e2bc-42fe-a8f0-79dafdd55f97",[22],{"tag":23,"_uid":24,"hide":25,"icon":26,"link":31,"type":23,"label":23,"style":35,"component":36,"mobileLabel":23,"onClickEvent":23,"openInANewTab":37,"horizontalFill":25},"","74ed5df6-6607-44c9-8870-23a2db0b8f4a",false,{"id":27,"alt":23,"name":23,"focus":23,"title":23,"source":23,"filename":28,"copyright":23,"fieldtype":29,"meta_data":30,"is_external_url":25},4129791,"https://a.storyblok.com/f/146026/x/315bd7d0c7/ic_linkedin.svg","asset",{},{"id":23,"url":32,"linktype":33,"fieldtype":34,"cached_url":32},"https://www.linkedin.com/in/chrisdunne4/","url","multilink","primary","cta",true,{"id":39,"alt":23,"name":23,"focus":23,"title":23,"source":23,"filename":40,"copyright":23,"fieldtype":29,"meta_data":41,"is_external_url":25},18695910,"https://a.storyblok.com/f/146026/349x349/9150c24a43/chris-dunne.jpg",{},"Dunne","author","Chris",{"type":46,"content":47},"doc",[48],{"type":49,"attrs":50,"content":53},"paragraph",{"textAlign":51,"key":52},null,"p-0",[54],{"text":55,"type":56,"marks":57},"Chris Dunne is our Senior Content Marketing Manager. Based in Derry, he brings over 15 years of marketing experience to our content strategy. Outside of work, Chris loves spending time with his two young children, playing football, and exploring Ireland. ","text",[58],{"type":59,"attrs":60},"textStyle",{"color":61},"#3D3929","chris-dunne","blog/author/chris-dunne",-1170,[],176408854,"62a23d5f-cd56-4dee-91e3-5642f66fa78c","2024-11-25T20:08:58.249Z","default",[],[72,74,76],{"path":63,"name":51,"lang":73,"published":51},"fr",{"path":63,"name":51,"lang":75,"published":51},"de",{"path":63,"name":51,"lang":77,"published":51},"es",[79],{"name":80,"created_at":81,"published_at":82,"updated_at":83,"id":84,"uuid":85,"content":86,"slug":98,"full_slug":99,"sort_by_date":51,"position":100,"tag_list":101,"is_startpage":25,"parent_id":102,"meta_data":51,"group_id":103,"first_published_at":104,"release_id":51,"lang":69,"path":51,"alternates":105,"default_full_slug":99,"translated_slugs":106,"_stopResolving":37},"Procurement","2024-12-19T16:41:09.743Z","2026-09-29T09:13:52.777Z","2026-09-29T09:13:52.797Z",598883015,"723f48e1-c82a-4f81-b89d-7b6479b01afa",{"seo":87,"_uid":96,"name":80,"component":97},[88],{"_uid":89,"noIndex":25,"component":90,"metaFields":91},"6f663d63-726c-4a32-ac80-770157b0b76f","seo",{"_uid":92,"title":93,"plugin":94,"description":95},"677c831b-42c5-4b75-8274-69e4d862fc90","Procurement | Spendesk Blog","meta-fields","Practical guidance on procurement: purchase requests, vendor management, approval workflows, and how finance teams control spending from order to payment.","99d01a06-19c6-4691-8dff-bc42384bbbdb","tag","procurement","blog/topic/procurement",-560,[],176456153,"b6c1a8bb-bd57-4eb5-9475-82a6d6b550f8","2024-12-19T16:42:49.452Z",[],[107,108,109],{"path":99,"name":51,"lang":73,"published":51},{"path":99,"name":51,"lang":75,"published":51},{"path":99,"name":51,"lang":77,"published":51},{"type":46,"content":111},[112,116,123,127,131,136,140,144,148,152,156,160,164,168,172,176,180,184,188,192,196,200,204,208,212,216,220,224,228,232,236,240,244,248,252,256,260,264,268,272,276,280,284,288,292],{"type":49,"content":113},[114],{"text":115,"type":56},"Artificial intelligence is reshaping how businesses operate across every sector, but its adoption in finance has been notably measured. While 85% of CFOs express optimism about AI's potential efficiency gains, a striking 61% of finance teams have yet to implement AI into their workflows. This gap between enthusiasm and action presents both a challenge and an opportunity for finance leaders in 2025.",{"type":117,"attrs":118,"content":120},"heading",{"level":119},2,[121],{"text":122,"type":56},"The current state of play",{"type":49,"content":124},[125],{"text":126,"type":56},"The finance function stands at a crossroads. Despite the explosion of AI tools and capabilities, many CFOs remain hesitant to fully embrace this technology. The reasons are understandable: unclear benefits, limited team skills, and concerns about data security all factor into this cautious approach.",{"type":49,"content":128},[129],{"text":130,"type":56},"However, innovative finance leaders are already proving that AI isn't just a buzzword — it's a powerful solution to real-world challenges. From automating invoice processing to enhancing forecasting accuracy, AI is delivering tangible benefits to early adopters.",{"type":117,"attrs":132,"content":133},{"level":119},[134],{"text":135,"type":56},"Where AI is making the biggest impact",{"type":49,"content":137},[138],{"text":139,"type":56},"The most successful implementations of AI in finance focus on specific, high-impact areas:",{"type":49,"content":141},[142],{"text":143,"type":56},"### Automated Data Processing",{"type":49,"content":145},[146],{"text":147,"type":56},"Finance teams are using AI to handle large-scale data reconciliation and financial reporting. At OpenAI, for instance, the finance team leveraged AI to process compute usage data that had grown too large for traditional Excel-based workflows. The result? An 80% reduction in manual data processing time and significantly faster financial close periods.",{"type":49,"content":149},[150],{"text":151,"type":56},"### Smart Invoice Management",{"type":49,"content":153},[154],{"text":155,"type":56},"Modern AI tools can read receipts and invoices, extract relevant information, and automatically allocate expenses to the correct budgets. Some companies report reducing their invoice processing time from hours to minutes, with error rates dropping by up to 90%.",{"type":49,"content":157},[158],{"text":159,"type":56},"### Enhanced Forecasting and Analysis",{"type":49,"content":161},[162],{"text":163,"type":56},"AI algorithms excel at analysing vast datasets to identify trends and patterns that humans might miss. They're particularly valuable when working with unstructured data, like extracting key terms from customer contracts to improve revenue forecasting accuracy.",{"type":49,"content":165},[166],{"text":167,"type":56},"### Streamlined Compliance",{"type":49,"content":169},[170],{"text":171,"type":56},"For companies handling identity verification and fraud prevention, AI has been transformative. While human compliance officers might manually review 10-20% of new customer files, AI systems can review 100% of files almost instantly, dramatically improving security while reducing workload.",{"type":49,"content":173},[174],{"text":175,"type":56},"## Overcoming implementation challenges",{"type":49,"content":177},[178],{"text":179,"type":56},"The path to AI adoption isn't without its hurdles. However, successful finance teams have developed effective strategies to overcome common challenges:",{"type":49,"content":181},[182],{"text":183,"type":56},"### Start Small, Think Big",{"type":49,"content":185},[186],{"text":187,"type":56},"Rather than attempting a complete overhaul, successful implementations often begin with a single, well-defined use case. This approach allows teams to demonstrate quick wins and build confidence before scaling to more complex workflows.",{"type":49,"content":189},[190],{"text":191,"type":56},"### Focus on Data Quality",{"type":49,"content":193},[194],{"text":195,"type":56},"Clean, well-organised data is crucial for AI success. While this might seem daunting, AI tools can actually help with the cleaning process, making them valuable even in the preparation phase.",{"type":49,"content":197},[198],{"text":199,"type":56},"### Upskill Strategically",{"type":49,"content":201},[202],{"text":203,"type":56},"Many finance teams lack technical expertise, but this shouldn't be a barrier. Look for tools that prioritise usability and consider appointing \"AI champions\" within your team to lead adoption and training efforts.",{"type":49,"content":205},[206],{"text":207,"type":56},"## The road ahead",{"type":49,"content":209},[210],{"text":211,"type":56},"As we move through 2025, several trends are becoming clear:",{"type":49,"content":213},[214],{"text":215,"type":56},"1. The role of finance professionals is evolving. Rather than being replaced by AI, finance teams are being freed from repetitive tasks to focus on strategic decision-making.",{"type":49,"content":217},[218],{"text":219,"type":56},"2. The technology itself is becoming more accessible. User-friendly tools are emerging that don't require extensive technical knowledge to implement and manage.",{"type":49,"content":221},[222],{"text":223,"type":56},"3. The competitive advantage of AI adoption is growing. Companies that delay implementation risk falling behind as their competitors achieve greater efficiency and accuracy through automation.",{"type":49,"content":225},[226],{"text":227,"type":56},"## Making the leap",{"type":49,"content":229},[230],{"text":231,"type":56},"For finance leaders considering AI implementation, here are key steps to get started:",{"type":49,"content":233},[234],{"text":235,"type":56},"1. Assess your current processes and identify pain points where AI could add the most value",{"type":49,"content":237},[238],{"text":239,"type":56},"2. Choose tools that integrate well with your existing systems and match your team's technical capabilities",{"type":49,"content":241},[242],{"text":243,"type":56},"3. Run a pilot project with a specific, measurable goal",{"type":49,"content":245},[246],{"text":247,"type":56},"4. Document and share successes to build momentum for broader adoption",{"type":49,"content":249},[250],{"text":251,"type":56},"## The bottom line",{"type":49,"content":253},[254],{"text":255,"type":56},"The finance function is at an inflection point. While the majority of teams haven't yet embraced AI, the technology's potential to transform financial operations is becoming impossible to ignore. As one CFO put it, \"This shift is as big as when Excel was introduced in the 70s.\"",{"type":49,"content":257},[258],{"text":259,"type":56},"The question for finance leaders is no longer whether to adopt AI, but how to do so effectively. Those who move forward thoughtfully but decisively will position their teams– and their organisations – for success in an increasingly automated future.",{"type":49,"content":261},[262],{"text":263,"type":56},"The time for waiting and watching has passed. As we progress through 2025, finance leaders who take measured steps toward AI adoption will find themselves at a significant advantage, while those who continue to delay may find themselves struggling to catch up in the years ahead.",{"type":49,"content":265},[266],{"text":267,"type":56},"## Want to learn more?",{"type":49,"content":269},[270],{"text":271,"type":56},"This article is based on our comprehensive report \"The State of AI in Finance 2025\". Download the full report to access:",{"type":49,"content":273},[274],{"text":275,"type":56},"- Detailed case studies from innovative finance teams",{"type":49,"content":277},[278],{"text":279,"type":56},"- Step-by-step implementation guides",{"type":49,"content":281},[282],{"text":283,"type":56},"- Expert interviews and insights",{"type":49,"content":285},[286],{"text":287,"type":56},"- The top 100 AI tools for finance teams",{"type":49,"content":289},[290],{"text":291,"type":56},"[Download the complete State of AI in Finance 2025 report →](https://www.cfoconnect.eu/reports/ai-in-finance-2025)",{"type":293,"attrs":294},"blok",{"id":295,"body":296},"57c8df11-aa11-4abf-8b14-c6266f42ea37",[297],{"_uid":298,"html":299,"component":300},"i-39315f73-d678-46c0-acae-912a1247d341","\u003C!--HubSpot Call-to-Action Code -->\u003Cspan class=\"hs-cta-wrapper\" id=\"hs-cta-wrapper-51a6696c-e7db-4f09-a657-ade435ac858c\">\u003Cspan class=\"hs-cta-node hs-cta-51a6696c-e7db-4f09-a657-ade435ac858c\" id=\"hs-cta-51a6696c-e7db-4f09-a657-ade435ac858c\">\u003C!--[if lte IE 8]>\u003Cdiv id=\"hs-cta-ie-element\">\u003C/div>\u003C![endif]-->\u003Ca href=\"https://cta-redirect.hubspot.com/cta/redirect/2694209/51a6696c-e7db-4f09-a657-ade435ac858c\" >\u003Cimg class=\"hs-cta-img\" id=\"hs-cta-img-51a6696c-e7db-4f09-a657-ade435ac858c\" style=\"border-width:0px;\" src=\"https://no-cache.hubspot.com/cta/default/2694209/51a6696c-e7db-4f09-a657-ade435ac858c.png\"  alt=\"New call-to-action\"/>\u003C/a>\u003C/span>\u003Cscript charset=\"utf-8\" src=\"https://js.hscta.net/cta/current.js\">\u003C/script>\u003Cscript type=\"text/javascript\"> hbspt.cta.load(2694209, '51a6696c-e7db-4f09-a657-ade435ac858c', {\"useNewLoader\":\"true\",\"region\":\"na1\"}); \u003C/script>\u003C/span>\u003C!-- end HubSpot Call-to-Action Code -->","embed",{"name":302,"created_at":303,"published_at":6,"updated_at":304,"id":305,"uuid":306,"content":307,"slug":314,"full_slug":315,"sort_by_date":51,"position":316,"tag_list":317,"is_startpage":25,"parent_id":318,"meta_data":51,"group_id":319,"first_published_at":320,"release_id":51,"lang":69,"path":51,"alternates":321,"default_full_slug":315,"translated_slugs":322,"_stopResolving":37},"Article","2022-08-16T21:22:30.004Z","2026-03-12T10:47:19.141Z",176457684,"8247dae6-c25f-40a0-a55e-abc94cf94989",{"_uid":308,"icon":309,"name":302,"component":313},"407a665a-29cb-4d52-87ff-12de3e192c58",{"id":310,"alt":311,"name":23,"focus":23,"title":23,"filename":312,"copyright":23,"fieldtype":29,"is_external_url":25},5859474,"edit-img","https://a.storyblok.com/f/146026/x/fd72101ce9/edit.svg","category","article","blog/category/article",0,[],176456151,"124984e3-bd16-480f-bdda-d9b6ec869fc7","2022-11-02T15:25:23.777Z",[],[323,324,325],{"path":315,"name":51,"lang":73,"published":51},{"path":315,"name":51,"lang":75,"published":51},{"path":315,"name":51,"lang":77,"published":51},[69,327,328],"en-us","en-eu",[330],{"_uid":331,"asset":332,"shadow":25,"caption":23,"overlay":334,"component":335},"4d30de3a-2131-4d76-a0eb-46d418409b1a",{"alt":23,"name":23,"focus":23,"title":23,"filename":333,"copyright":23,"fieldtype":29,"is_external_url":25},"https://a.storyblok.com/f/146026/2380x1340/8205069e63/three-way-match-accounting.png",[],"image",[],"2025-02-01 00:00","5",[],"Discover how AI is transforming finance in 2025, from automated data processing to enhanced forecasting. 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