EY: Financial AI has entered a critical stage of "whether it can produce substantive impact"

Ernst & Young's "Financial AI Applications and Trusted Governance White Paper," released at the China International Import Expo on November 8, notes that artificial intelligence is driving the finance function from "recording, control and reporting" toward "prediction, allocation and co-creation." EY's global survey shows that 68% of chief financial officers believe there is an urgent need to reassess how corporate value is measured; 80% of CFOs expect AI-driven business models to reach a significant or moderate presence in their organizations within the next 12 months. Financial AI has entered a critical stage of "whether it can produce substantive impact." The realization of financial AI value follows a four-level path of "rule automationintelligent assistanceagent collaborationdecision support." The degree of AI autonomy should match business risk and the irreversibility of operations, and process reengineering rather than tool stacking is the key to advancing between levels.