CFOs in the financial sector slow the spread of AI: "Uncontrolled automation is risky"

Finance chiefs are embracing AI efficiency, but remain cautious about uncontrolled automation without governance and auditability.

A survey found many large financial firms are using AI without a formal risk framework in place.

Current use is concentrated in low-risk tasks such as month-end close, reconciliations, and document extraction.

CFOs want humans to retain final judgment and accountability in financial decisions as regulation and compliance concerns grow.