82% of enterprise CFOs are actively using or considering adopting artificial intelligence (AI) for their accounts payable functions.
AI offers benefits like cost reduction, error prevention, and working capital optimization in financial management.
Challenges in AI integration include compatibility issues, high implementation costs, and a lack of customization in existing financial systems.
CFOs show strong interest in AI solutions for spend visibility, vendor negotiations, fraud detection, and supplier performance evaluation, signaling a shift towards AI-driven financial management.