Global talent solutions provider Robert Walters’ Finance Transformation Guide has found that nearly half (47%) of finance professionals identify AI and Automation as being a crucial focus for futureproofing their finance function in 2025.
The guide underscores the pivotal role AI is expected to play in shaping the future of finance, revealing that a further 41% of professionals predict two-fifths of all finance tasks will be automated by 2035.
Chris Eldridge, CEO of Robert Walters UK said:
“Financial transformation projects, though fraught with risk, are essential for maintaining a competitive edge. Employing AI effectively can enhance success rates and prepare teams for future challenges.”
Further research from Grant Thorton reveals how 9 in 10 finance leaders plan transformations this year – yet many note AI as a double-edged sword in helping implement change, viewing it simultaneously as a strategic priority and potential risk.
Acknowledging the risks
Bain & Company recently found that only 12% of transformations projects produce lasting results.
The Robert Walters guide highlights the key barriers to successful transformation which include unclear project scopes, noted by 59% of finance leaders, and resistance from the wider business, as reported by 39%.
Chris explains: “Crafting a unified vision will serve as the ‘guiding light’ for transformation projects. While effective communication with all key stakeholders, to ensure perceptions are aligned, will encourage resilience to change and continued support.”
Finding the solutions
AI-powered solutions offer a way to combat issues that may arise by futureproofing teams and enhancing skillsets for subsequent projects.
The Robert Walters guide, in consulting with experts, revealed five strategies leaders can use to leverage AI and Automation to ensure successful finance transformation projects:
1. Focus on data quality: Build robust data foundations to ensure that digital tools and technologies can be effectively utilised. These foundations will remain a cornerstone of change projects within your business but will need regular updates.
2. Adopt incremental improvements: Implement AI and automation to optimise processes incrementally, reducing risk and facilitating manageable changes.
3. Cultivate an agile culture: Foster a culture of adaptability and continuous learning to respond effectively to technological and market changes
4. Align with strategic goals: Ensure that technological advancements and transformation project goals align with the organisation’s broader strategic objectives to maximise value.
5. Prepare for future skills: Invest in developing skills that will be essential in a technology-driven finance landscape, such as data management and AI oversight. This will both upskill your teams and help secure success in future projects.
Chris concludes: “In a rapidly evolving world, it is critical finance teams learn to embrace AI – particularly within transformation projects – to drive efficiency, data-backed outcomes and innovative changes.
“Success is influenced by both leader’s and their team’s ability to work alongside these technologies, utilising them to their advantage rather than fearing their potential to replace or empower competitors.”
For further details on the findings and strategies, access Robert Walters’ full Finance Transformation Guide.
