1、Strategic Use of AI in FinanceOvercoming Challenges and Realizing PotentialResearch sponsored by:BARC research study2 Strategic Use of AI in Finance-BARC 2025Table of ContentsExecutive Summary 4Survey Results 6Recommendations 10Methodology 12BARC Company Profile 14 About BARC 15Sponsor Profile 16 Ab

2、out Board 173 Strategic Use of AI in Finance-BARC 2025ForewordArtificial intelligence(AI)is no longer just a trend,but a key techno-logy that can help companies,and especially finance and control-ling,to work more efficiently,make more informed decisions and overcome challenges in a dynamic business

3、 world.But how well are companies positioned to realize the potential of AI in finance?Our research provides insights into the current level of AI adop-tion.It sheds light on companies strategic focus on AI and how it relates to finance,as well as the fundamental challenges that cur-rently prevent o

4、rganizations from realizing the full benefits of AI:lack of resources,lack of expertise and unclear priorities are the most common stumbling blocks.Looking to the future,almost all the companies surveyed expect AI to help solve key challenges.In finance and controlling,the focus is often on AI suppo

5、rt for planning and forecasting.Using predicti-ve algorithms and machine learning(ML),companies can not only make more efficient and accurate forecasts,but also automate routine tasks to free up time for value-adding activities.The key questions addressed by this study are:Do companies have an overa

6、ll AI strategy and how is it aligned with finance?What is preventing companies from realizing value from AI?What challenges do companies expect AI to solve in planning and forecasting?Use the insights and impetus from this study to sharpen your own AI strategy,overcome challenges and unlock new pote