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Recent findings from Maximor reveal that 27% of chief financial officers have automated at least half of their accounting and finance tasks using agentic AI tools. While 88% of finance leaders utilize at least one AI tool, most (84%) rely on just one or two. The report states: "Partial automation is now standard," as it highlights the need for clarity on which processes can operate independently. Despite the growing adoption, trust in AI's accuracy remains low, with only 14% of respondents fully trusting the technology. A significant 67% emphasize the importance of human oversight to ensure data accuracy. As CFOs anticipate AI could reduce monthly close times by five days, the report underscores the necessity for responsible adoption and governance in AI implementation.
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