Finance stories - Page 3

Accenture partners with OpenAI to provide ChatGPT Enterprise to its workforce, boosting AI adoption and accelerating business transformation across industries.

New Budget rules clarify pension inheritance tax but raise concerns over delays and introduce a £2,000 salary sacrifice pension cap from 2029, sparking employer caution.

UK midmarket finance leaders overestimate AI adoption, with 83% claiming use, but only 19% of controllers agree, revealing a major perception gap.

SAP's Muhammad Alam says AI delivers true ROI when embedded seamlessly into applications, breaking data silos and enhancing user experiences, not as a standalone application.

Despite billions invested in AI, financial firms see slow adoption as solutions must prioritise trust, transparency, and augment human judgement over automation.

London launches the Global Growth Market, a new stock exchange to ease public listing for established growth firms, with trading slated for 2026.

Q4 says that as AI reshapes CFO roles, finance chiefs are facing detailed questions on AI strategies, capital allocation, and future compliance costs.

Embedded AI is transforming UK finance research by integrating data and workflows, boosting efficiency and insight across City and Canary Wharf firms.

Finance firms are shifting from AI hype to mature, strategic use, aiming to cut costs by 81% and speed processing by 73% with integrated solutions.

Solace unveils partner programme to aid firms in adopting agentic AI and real-time data tech, driving enterprise innovation and productivity gains.

Graph databases are revolutionising finance, helping firms detect fraud, enhance compliance, and harness AI by mapping complex data relationships in real time.

NiCE has appointed Arun Chandra as COO to lead its AI-first Global Customer Operations, leveraging his experience from Disney and Meta.

Squadron Energy won the ERP Fast Growth award for swiftly deploying SAP's Public Cloud ERP, boosting operations and cutting reconciliation time by 70%.

By 2026, AI and tax intelligence will revolutionise business compliance, driving real-time reporting and transforming finance, trade, retail, and hospitality sectors globally.

Nearly half of financial firms struggle to scale AI fully due to data silos and security concerns, despite widespread adoption and hybrid deployment strategies.

DE-CIX forecasts a 2026 AI revolution in finance, healthcare and manufacturing, driven by emotion AI, healthcare connectivity, and agentic AI systems.

CFOs lead AI investment strategies in finance, yet only one in three achieve successful large-scale deployment amidst challenges like talent shortages and ROI doubts.

Thousands of UK workers search Google monthly to understand payslips, with tax queries topping 33,100 searches, surpassing popular events like Taylor Swift tickets.

FlexTecs launches AP Inbox Assist, an AI-powered module for its FlexTrap platform to automate AP inboxes and enhance financial control and risk detection.

The suite aims to automate finance workflows and deliver predictive insights, boosting efficiency for 11,000 firms globally.