Agentic AI is swiftly progressing in corporate finance, transitioning from concept to implementation. A recent PYMNTS Intelligence survey of CFOs from U.S. firms with revenues exceeding $1 billion reveals a rapid adoption. Just three months ago, none had deployed agentic AI; now, over 10% are testing it, with significant interest in broader adoption by 2026. This technology autonomously executes tasks, distinguishing it from generative AI’s content creation capabilities. The momentum is notable, with CFO skepticism decreasing from 85% to 65% over 90 days. Technology firms lead in adoption, while service sectors remain cautious. CFOs are now actively exploring both in-house development and external partnerships for agentic AI solutions. Despite the potential to enhance financial planning, reporting, and operational efficiency, concerns about granting access and control persist. Ultimately, how CFOs manage the balance between opportunity and risk will dictate the future of agentic AI in enhancing finance functions across enterprises.
Source link

Share
Read more