AI for Finance & Accounting: Implementation Roadmap

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With all the hype around AI, many finance and accounting teams find themselves feeling a bit overwhelmed when it comes to actually implementing artificial intelligence within financial close processes. Below is a quick overview of the AI implementation roadmap to help F&A teams to transform their close.

True AI readiness requires both strategic planning and operational groundwork. F&A teams can’t simply flip a switch and transform overnight. It’s not just about implementing new tools – it’s about rethinking how finance works, how it collaborates, and how it governs risk in a machine-augmented environment. Here is a practical, four-phased roadmap to help CFOs, Controllers and their accounting teams evolve toward the AI Financial Close model. Phase 1: Audit Current-State KPIs and Control Models Objective: Understand where your enterprise is today – and what legacy metrics, controls, or workflows are no longer aligned with an AI-first approach. Phase 2: Introduce AI-Ready Data and Processes Objective: Lay the technical and procedural foundation for successful AI enablement, including clean data, documented workflows, and modern governance frameworks. (We have already explored this topic extensively – and it is perhaps the single greatest threat to success in evolving to an AI Financial Close model.) Phase 3: Deploy Pilots for AI Financial Close and KPI Transformation Objective: Put the foundation to work with controlled AI pilots that deliver real results – while measuring progress toward AI Financial Close maturity. Phase 4: Formalize Governance, Compliance, and Reporting in an AI-First Environment Objective: Institutionalize AI within your enterprise across the financial close with formal governance structures, performance dashboards, and sustainable user enablement.

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Download the full infographic for an easier to read (and share!) version of this infographic, but you’ll want to read our white paper for a detailed path forward complete with key actions and outcomes of each phase.