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Gartner Survey Shows 66% of Finance Leaders Think Generative AI Will Have Most Immediate Impact on Explaining Forecast and Budget Variances.

Published by Gartner®

A Gartner survey reveals that 66% of finance leaders believe generative AI (GenAI) will most significantly impact explaining forecast and budget variances. Conducted in November 2023, the survey highlights that finance leaders also see revenue/spend data classification and management reports as other impactful use cases for GenAI. Despite its potential, finance leaders express concerns about challenges in implementing GenAI, such as data accuracy, talent limitations, and governance. Gartner advises finance leaders to involve key stakeholders, audit critical data, and approach vendors carefully to successfully integrate GenAI into their financial operations.

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