The workflow completed. Every approval passed. The numbers reconciled. And the financial risk went undetected. That is one of the more difficult challenges emerging as AI agents and automated workflows take on a greater share of financial execution. A transaction can satisfy every programmed rule and still contribute to a pattern of activity that threatens … Read more
AI is changing the division of labor in finance. Work that once required people to create, classify, approve, reconcile, and route financial transactions is increasingly being handled by automated workflows and AI agents. SAP, Oracle, Workday, and other major systems of record are embedding these capabilities directly into financial processes. That creates an obvious opportunity … Read more
For more than a century, financial oversight has relied on a simple idea: review a representative sample and infer the condition of the population. Audit standards, internal controls, internal audit, and external audit practices all evolved around that principle because they had to. No organization had enough people, time, or budget to inspect every financially significant transaction. … Read more
Over the past year, nearly every major enterprise software vendor has announced a new generation of AI capabilities for finance. SAP is expanding Joule across finance workflows. Oracle is embedding AI agents throughout Fusion Cloud Applications. Workday is introducing autonomous capabilities across the Office of the CFO. Microsoft is bringing Copilot deeper into the applications … Read more
