Artificial intelligence (AI) has moved from experimentation to enterprise-scale value creation. Organizations today are under pressure to improve productivity, reduce risk, and generate deeper insights from data—while operating with leaner teams and tighter budgets. According to insights from The Hackett Group®, AI is rapidly becoming a foundational capability for finance and Global Business Services (GBS) organizations seeking world-class performance.
As enterprises accelerate digital transformation, two areas are seeing particularly strong impact: AI in finance and Gen AI in GBS. Together, they are reshaping how organizations plan, operate, and deliver value at scale.
The Strategic Rise of AI in the Enterprise
AI adoption is no longer driven solely by technology teams. Business leaders—especially CFOs and GBS heads—are championing AI initiatives to address long-standing challenges such as manual effort, fragmented data, and slow decision-making.
The Hackett Group® research consistently highlights that top-performing organizations use AI to:
- Improve forecast accuracy and decision quality
- Reduce operating costs through intelligent automation
- Enhance compliance and risk management
- Enable scalable, insight-driven business services
Rather than isolated use cases, leading enterprises are embedding AI across end-to-end processes.
AI in Finance: From Automation to Intelligence
Finance functions have traditionally been data-rich but insight-poor, spending significant time on transactional activities. AI is changing this balance by augmenting human judgment with advanced analytics and generative capabilities.
Smarter Financial Planning and Analysis (FP&A)
AI-powered models can analyze vast volumes of historical and real-time data to improve forecasting, scenario planning, and variance analysis. Instead of static reports, finance teams gain dynamic insights that support faster and more confident decision-making.
Generative AI further enhances FP&A by:
- Automatically generating management narratives
- Explaining drivers behind performance changes
- Supporting what-if scenario modeling
Intelligent Close, Accounting, and Compliance
AI is also transforming core finance operations such as record-to-report and order-to-cash. Machine learning algorithms can detect anomalies, flag potential errors, and improve data quality during the financial close.
From a compliance perspective, AI supports continuous controls monitoring, helping organizations identify risks earlier and reduce audit effort—an area strongly emphasized in The Hackett Group® finance transformation frameworks.
Redefining the Role of Finance Talent
By reducing manual effort, AI allows finance professionals to shift focus from transaction processing to strategic advisory roles. This aligns with Hackett’s findings that world-class finance organizations operate with fewer resources while delivering higher business value.
Gen AI in GBS: Enabling Scalable, Insight-Driven Services
Global Business Services organizations are designed to deliver efficiency and consistency across enterprise processes. Generative AI is now taking GBS to the next level by enhancing service quality, speed, and scalability.
Knowledge-Centric Service Delivery
Gen AI enables GBS teams to leverage institutional knowledge more effectively. AI-powered virtual assistants can answer complex policy, process, and data-related queries across finance, HR, procurement, and IT.
This capability reduces dependency on subject-matter experts while improving response times and user experience—key metrics for mature GBS organizations.
End-to-End Process Optimization
Rather than automating individual tasks, Gen AI supports end-to-end process orchestration. For example:
- In finance GBS, AI can assist with invoice processing, exception handling, and supplier communications
- In HR GBS, AI supports employee inquiries, onboarding, and policy interpretation
The Hackett Group® emphasizes that this integrated approach is critical to unlocking sustainable value from GBS investments.
Data-Driven Governance and Insights
Gen AI also strengthens GBS governance by providing real-time insights into service performance, demand patterns, and cost drivers. Leaders gain better visibility into operations, enabling proactive optimization and continuous improvement.
Key Benefits of AI Across Finance and GBS
When implemented with a clear operating model and governance structure, AI delivers measurable benefits:
- Productivity gains: Significant reduction in manual effort and cycle times
- Cost efficiency: Lower operating costs through intelligent automation
- Improved accuracy: Fewer errors and better data consistency
- Faster decisions: Real-time insights and predictive analytics
- Enhanced scalability: Ability to support growth without linear cost increases
These outcomes closely align with Hackett benchmarks for world-class finance and GBS organizations.
Best Practices for Successful AI Adoption
Based on The Hackett Group® insights, successful AI programs share several characteristics:
Strong Business Ownership
AI initiatives should be business-led, with clear value cases tied to strategic objectives—not treated as standalone technology projects.
Process and Data Readiness
AI delivers the greatest value when built on standardized processes and high-quality data. Process harmonization and data governance are critical prerequisites.
Responsible and Secure AI Use
Organizations must address data privacy, security, and ethical considerations. Establishing clear AI governance ensures trust, compliance, and long-term sustainability.
Conclusion: AI as a Catalyst for World-Class Performance
AI is redefining how finance and GBS organizations operate, shifting them from efficiency-focused service providers to insight-driven strategic partners. As highlighted by The Hackett Group®, enterprises that adopt AI with a structured, value-oriented approach achieve superior performance, lower costs, and greater agility.
By strategically embracing AI in finance and Gen AI in GBS, organizations can unlock the next level of business value—turning data into intelligence and operations into a competitive advantage.