Science & Tech · AI · 14 hrs ago
AI use in finance has more than doubled, survey finds
A survey of 1,013 senior finance executives across 20 countries found that companies’ use of AI in finance more than doubled over the past two years.
More than three-quarters of the surveyed companies now use AI for financial planning, reporting or business analysis.
The survey says AI can improve forecasting and investment returns, particularly when companies use agentic AI.
It argues that how companies operate AI matters more than simply adopting it, as AI increasingly supports business decisions.
Companies that can consistently provide evidence for auditing their AI achieve significant results three to six times faster than others.
Human checks remain important: 33% of surveyed companies use human-AI oversight to make AI workflows more reliable.
The report recommends embedding governance, controls, outcome checks and human oversight in finance processes to build trust and support wider AI use.
Companies actively implementing AI in finance have more than doubled over the past two years, according to a KPMG report.
More than three-quarters of surveyed companies use AI in financial planning, reporting and business analysis.
The report draws on responses from 1,013 senior finance executives across 20 countries and 13 industries.
It says stronger controls are associated with better AI adoption and greater trust in scaling its use.
KPMG says companies should build governance, controls, performance checks and human oversight into AI-driven finance processes.
- Who
- KPMG surveyed 1,013 senior finance executives. The findings concern companies using AI in finance.
- What
- Companies actively implementing AI in finance have more than doubled over the past two years.
- When
- The report was published shortly before November 8, 2026. It compares adoption with two years earlier.
- Where
- The survey covered 20 countries. The report does not specify where adoption grew.
- Why
- The report says governance, controls and practical processes can help companies use AI effectively and at scale.
This story does not have two clearly opposing sides.
Companies actively implementing AI in finance increased by more than twofold.
KPMG released its 2026 Global Finance Transformation Survey report.
China News Service published a report on the survey’s findings.
- Survey respondents
- 1,013 senior finance executives
- Survey coverage
- 20 countries and 13 industries
- AI adoption growth
- More than doubled over the past two years
- Use in finance
- More than three-quarters of surveyed companies use AI in planning, reporting and business analysis
- Human oversight
- 33% of surveyed companies are using human-machine collaboration to strengthen oversight
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What people are saying
How to fully unlock its value, based on data governance and balancing efficiency improvements with compliance and risk control, is central to finance transformation today.
AI in finance has fundamentally changed its role: AI is a decision engine, not a cost lever.