Why AI Isn’t Transforming Finance Yet
Changing how finance offices think about their mandate, their approach, and the insight they offer can lead to more strategic use of AI.
Stijn Viaene, Kristof Stouthuysen, and Bjorn CumpsJune 02, 2026Reading Time: 16 min
Summary:
Finance offices have been slow to meaningfully adopt artificial intelligence, often due to leaders’ perception of the function’s ...
Listen to “Why AI Isn’t Transforming Finance Yet” (22:01)
Artificial intelligence was supposed to dramatically change the corporate finance function. Forecasts would become more accurate and more frequent. Closing cycles would shorten. Risks would be identified earlier. Scenario planning would evolve from an occasional exercise into a continuous capability. On the basis of those optimistic predictions, many finance leaders have invested heavily in the technology.
However, when CFOs speak in private, a different story emerges. There are proofs of concept that never leave their sandboxes. Models that looked promising...
Copyright of this story solely belongs to mit.edu. To see the full text click HERE
