Finance transformation refers to the effort to align an organisation’s finance team’s priorities and outputs with business development and growth. It aims to create a finance structure that is able to produce data that can influence better business decisions. It helps to clarify the importance of finance functions in driving strategic business operations and analytics. Many leading organisations are turning to AI to lead finance transformation. AI allows mass amounts of a company’s historical data to be automated and analysed quickly and efficiently, freeing up finance employees’ time to make analytical predictions for the future. Finance transformation can be made up of many different tasks, operations or processes from new accounting software to revaluating budget formats. Its main goal is to increase efficiency and either its internal service to the organisation, or the organisation’s overall service to its customers.