Indian CFOs Spearhead AI Adoption in Finance, Survey Reveals

The financial sector in India is undergoing a transformative shift with artificial intelligence (AI) at its core, as revealed by the dMACQ CFO Survey Report 2025. The report, presented at the ET CFO Leadership Summit, indicates that 68% of Indian Chief Financial Officers (CFOs) have already integrated AI solutions into their operations, with a striking 100% aiming for adoption within the next two years. This positions India as a global leader in AI adoption within the finance sector, outpacing the global average of approximately 58%.

According to the survey, AI's applications in finance are diverse, ranging from AI-powered document management and workflow automation to advanced analytics for forecasting and reporting. Srikant Krishnan, Co-Founder & Managing Director of dMACQ, emphasized the transition of AI from a theoretical concept to a practical tool in finance, stating, "AI in finance is now a reality, not just a concept." Indian CFOs are at the forefront, utilizing AI to not only streamline operations but also to enhance decision-making processes.

The focus on automating routine tasks is particularly notable, with nearly half of the surveyed CFOs deploying AI for document and expense management. Additionally, predictive analytics and AI-based risk management are emerging as key areas of interest. The report underscores the tangible benefits early adopters are experiencing, including improved efficiency and deeper insights, driving a collective move towards full AI integration in the near future.

This widespread adoption of AI by Indian CFOs signifies a pivotal moment in the evolution of financial management. The dMACQ survey highlights not only the current state of AI in finance but also sets the stage for its future trajectory, with India leading the charge. As organizations continue to embrace AI-driven solutions, the landscape of financial operations and strategy is set for unprecedented change.