Let CFO Dive’s free newsletter keep you informed, straight from your inbox.
The research highlights a “trust gap between the untested promise of AI and the wariness of security and privacy risks,” finance software company Kyriba said.
Worldwide generative AI spending is expected to total $644 billion in 2025, an increase of 76.4% from 2024, according to a forecast in March by Gartner.
Kyriba found that most (96%) of CFOs are prioritizing the integration of AI while grappling with trust concerns. “To thrive in this evolving environment, leaders must address these challenges head-on, implementing robust safeguards and ensuring transparency in their AI-driven solutions,” the report said.
A majority (53%) of CFOs expect that AI will significantly change their roles, more so than workforce shifts (44%) and C-suite succession (41%), according to the study. Nearly half of respondents said they plan to use AI to mitigate the impact of external factors such as market volatility, tariffs and political instability on their organization’s financial health and outlook, among other use cases.
“While concerns about security and privacy remain, CFOs increasingly recognize the value of leveraging AI to drive strategic growth, enhance decision-making and navigate complex regulatory landscapes with growing confidence, signaling that AI is becoming indispensable for maintaining resilience and competitiveness,” according to the report.
Kyriba conducted a Feb. 18 to March 3 poll of 1,000 CFOs, treasurers and senior financial decision-makers across the U.S., U.K. France and Japan.
Get the free daily newsletter read by industry experts
With the Trump administration embracing digital assets, finance leaders need to get educated on the potential risk and reward of cryptocurrencies and stablecoins.
Democrats on the Financial Services Committee condemned efforts to eliminate the PCAOB, quoting Republicans who championed creation of the board in 2002.
Subscribe to CFO Dive for top news, trends & analysis
Get the free daily newsletter read by industry experts
With the Trump administration embracing digital assets, finance leaders need to get educated on the potential risk and reward of cryptocurrencies and stablecoins.
Democrats on the Financial Services Committee condemned efforts to eliminate the PCAOB, quoting Republicans who championed creation of the board in 2002.
The free newsletter covering the top industry headlines
Leave a Comment