Avalara Survey Finds Finance Leaders Deploying AI Faster Than Governance Can Adapt
Avalara announced in a press release that finance leaders worldwide are moving quickly to implement AI agents, often outpacing their organizations’ governance capabilities. The company’s new report, Agents of Change: How the Race to Deploy AI Agents is Outrunning Financial Governance, surveyed more than 1,500 CFOs and senior finance leaders across the United States, United Kingdom, India, and Australia.
The survey found that 92% of finance leaders feel pressure to demonstrate ROI from AI investments, with half describing the pressure as significant. Seventy-one percent said their organizations are focused primarily on deployment speed, while only 7% prioritize governance over rapid implementation. Just under half of respondents were confident they could explain an AI agent’s actions to an auditor or regulator.
Avalara noted that 30% of organizations have not updated internal controls in the past year to account for AI agents, and nearly one in four respondents said accountability for a major AI agent error would be unclear. The report also revealed a shortage of expertise, with 76% of organizations lacking dedicated in-house specialists able to understand AI agent behavior.
Finance leaders indicated they are seeking ways to build trust alongside adoption. The most valued capabilities include audit-ready documentation of AI actions, validation against compliance requirements, and outputs grounded in verified financial data. These features were seen as essential for scaling automation responsibly in tax and compliance workflows.
We hope you enjoyed this article
Consider subscribing to one of our newsletters like AI Policy Brief, Finance AI Weekly or Daily AI Brief.
Also, consider following us on social media:
More from Regulation
Oct 16 HKMA Introduces ART Framework for AI Use in Banking Oct 15 UK Medicines Regulator Plans AI Safety Tools by 2030 Oct 15 OpenAI Agrees Not to Use Apple Trade Secrets During Lawsuit Oct 15 Financial Stability Board Publishes 12 AI Practices for Financial Firms Oct 15 Singapore Launches Three AI Safety InitiativesMore from Finance
Oct 16 Intuit Agrees to Acquire AI Billing Startup Sequence for Reported $200 Million Oct 16 Matters Raises $5 Million to Build AI Consumer Bank Oct 16 HKMA Introduces ART Framework for AI Use in Banking Oct 15 Moomoo Adds AI Assistants to Global Paper Trading Contest Oct 15 Financial Stability Board Publishes 12 AI Practices for Financial FirmsFinance AI Weekly
Weekly newsletter about AI in finance. Covers AI-driven trading, fintech innovations, and data analytics transforming markets
Market report
2025 Generative AI in Professional Services Report
Thomson Reuters
This report by Thomson Reuters explores the integration and impact of generative AI technologies, such as ChatGPT and Microsoft Copilot, within the professional services sector. It highlights the growing adoption of GenAI tools across industries like legal, tax, accounting, and government, and discusses the challenges and opportunities these technologies present. The report also examines professionals' perceptions of GenAI and the need for strategic integration to maximize its value.
Read moreYou may also like
IBM survey finds 80% of EMEA executives escalated AI incidents to senior leaders
JumpCloud Survey Finds AI Agent Access Outpaces Governance
Riskonnect Finds Fewer Than Half of Companies Train Staff to Evaluate AI Outputs
The Conference Board Proposes Five Stage Framework for AI Agents
Small Banks Lead Peers in AI Readiness but Struggle to Scale
Daily AI Brief: the AI news that matters, in your inbox.