A StrategicCFO360 / VIC.AI Research Report

The Future of Automation and Intelligence Within Enterprise Finance

The power of automation is clear, and companies are on the brink of a paradigm shift. A StrategicCFO360 and Vic.ai survey of 145 U.S. CFOs and finance leaders shows the pressure to automate the finance function in the near term is mounting. The challenge now, CFOs say, is making it all work with the resources and systems they have.

KEY FINDINGS

61%

The plurality of CFOs recognizes the value of automating the finance function, with 61% reporting it has significant value

58%

58% of CFOs plan to increase their investment in automation over the next 12 months, with nearly half expecting to achieve their goals within the next two years

45%

A quarter of CFOs polled report having already fully automated their payroll and invoice management processes, and approximately 45% say it’s underway in both