New Delhi, Aug. 5 -- Artificial intelligence is increasingly emerging as a decision-making engine rather than merely a tool for cutting costs, with organisations reporting the strongest gains in areas such as forecasting, decision-making and responsiveness, according to a KPMG report.

The report, based on a survey of 1,013 senior finance leaders across 20 countries and 13 sectors, said active AI use across finance has more than doubled in two years, rising from 30 per cent in 2024 to 75 per cent in 2026. More than three-fourths of organisations are leveraging AI in financial planning, reporting and commercial analysis, while 71 per cent said AI is meeting or exceeding return-on-investment expectations.

The report found that AI's biggest...