Good morning. Many chief financial officers are investing in AI while still taking a measured approach—one that may seem overly cautious from the perspective of chief information and technology officers.
According to additional data shared with CFO Daily, 56% of CFOs vs. 70–72% of CIOs and CTOs say AI integration is a top priority over the next two to four years. EY said this gap reflects financial caution that could slow innovation and lead to siloed AI development—raising compliance risks and stalling progress. The survey also found that 77% of CFOs are focusing their AI efforts on financial reporting, while 83% of CIOs are prioritizing IT infrastructure.
Jim Okas, EY Americas’ deputy technology risk leader, and Daryl Box, assurance technology risk leader, explained that CFOs must act as strategic enablers of transformation, aligning investment across finance and tech.
Siloed AI efforts, Okas warned, can lead to compliance failures, redundant spending, and missed innovation opportunities. To avoid this, CFOs, CIOs, and CTOs should align on shared principles, manage risk jointly, and ensure tech investments support the enterprise as a whole, he said.
CFOs can help scale AI by focusing on use cases that drive efficiency and strategic insight, Box advised. By measuring AI’s ROI and tracking its impact on compliance, productivity, and cost, finance leaders can also build trust across the C-suite, he added.
However, EY shared that among CFOs, the focus is sharper: 90% ranked SOC reporting as a high priority. The firm calls this a sign of “financial anxiety”—a desire to strengthen oversight before expanding automation and AI adoption. The survey underscores a central tension: how to innovate responsibly without weakening cyber resilience or regulatory integrity.
For CFOs, the question is no longer if they’ll adopt AI—but how to do it with control.
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