Tip Sheet

AI Readiness Assessment

AI Readiness Assessment

Tip Sheet

Is your financial close ready for controlled automation and AI?

Research from leading finance organizations shows that AI delivers greater value when it is embedded into redesigned workflows, supported by effective governance, measured against clear outcomes, and interpreted by people who can act on the insights.

The opportunity can be significant. KPMG found that organizations able to efficiently produce AI-related audit evidence reported up to a 6x higher rate of significant improvement across finance metrics. IBM found that organizations with mature, end-to-end AI execution models reduced their total finance costs by as much as 18%.

But realizing that value requires the right foundation. Trintech created this AI Readiness Assessment to help finance leaders evaluate whether their financial close has the processes, people, connectivity, data, controls, and measurement practices needed to move toward controlled automation and AI.

AI Readiness Assessment for the AI Financial Close includes 10 questions to help assess your organization's readiness for controlled automation and AI. It includes things like process standardization, documentation, evidence embedded in the workflow and more.


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