KPMG's AI Transformation in Finance

KPMG's global AI in finance report examines the widespread adoption of artificial intelligence (AI) across the finance sector. The report, based on a survey of nearly 3,000 companies, categorizes organizations into AI maturity levels (beginner, implementer, leader) and highlights the significant return on investment (ROI) achieved by AI leaders. Key benefits include increased efficiency, accuracy, and better decision-making. The report also addresses barriers to AI adoption, such as data security concerns and skills gaps, and offers recommendations for overcoming these challenges. Finally, it emphasizes the evolving role of auditors in supporting AI implementation and governance within organizations.

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