Report cover image

AI in Finance: Where It's Being Used and Is It Delivering Value?

Publisher IDC
Published Mar 06, 2025
Length 7 Pages
SKU # IDC19749810

Description

This IDC Perspective discusses AI in finance. AI is revolutionizing corporate finance by enhancing decision-making, risk management, and operational efficiency through technologies like machine learning and RPA. Despite significant benefits such as improved forecasting and automation, challenges like data privacy, model accuracy, and integration with existing systems persist. IDC's 2024 CFO survey indicates widespread AI adoption, with positive impacts noted by 81% of respondents. However, the transition requires careful oversight, continuous upskilling, and realistic expectations regarding workforce reduction and immediate returns."AI is revolutionizing corporate finance, but are we truly ready for the ethical and operational challenges it brings? "There is an investment but also a follow-through that is required to see the value." — Heather Herbst, research director, Worldwide CFO Tech Agenda at IDC

Table of Contents

7 Pages

Executive Snapshot

Situation Overview

The Office of the CFO Opinion of AI

Where Are We Seeing Adoption of AI in the Office of the CFO

Is the Office of the CFO Seeing the Value of AI?

Advice for the Technology Buyer

Learn More

Related Research

Synopsis

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us