KPMG survey: AI adoption across finance functions reaches highest levels

Companies have made the most progress piloting or using AI for financial planning (78%), followed closely by accounting (76%). Less than half of companies (45%) report they are piloting or using AI for tax and operations.
While cloud technology remains the No. 1 priority for U.S. companies looking to enhance financial reporting, non-generative AI has risen to No. 2 and is seeing fast adoption.
With regard to financial reporting practices, progress is fastest with cloud migration and cybersecurit