Financial Organizations Using Generative AI Operate With 45% Lower Costs

New Study by The Hackett Group

Date:

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Author: Funds Society, Miami

Financial organizations that use generative AI operate with 45% lower costs, deliver executive insights 74% faster, and generate forecasts 57% more efficiently, according to research by The Hackett Group

Companies of this type devote 68% more time to forward-looking analysis and strategic insights, and are 54% more likely to align business planning with the annual budget

“As disruption accelerates, Gen AI offers financial leaders a once-in-a-generation opportunity to reinvent work and generate breakthrough business value,” said Martijn Geerling, Managing Director and Global Practice Leader at The Hackett Group