OpenAI and PwC Team to Bring Agentic AI to Finance
OpenAI and PwC Team to Bring Agentic AI to Finance
Publish Date: 2026-05-05 08:52:00
Source Domain: www.pymnts.com
- Collaboration Announcement: OpenAI has partnered with PwC to develop agentic AI that focuses on the core areas of finance such as forecasting, planning, reporting, procurement, payments, and treasury.
- AI Agents Development: The collaboration aims to build AI agents to handle finance functions with a focus on real-world applications rather than theoretical designs.
- Shift in Finance Role: The partnership seeks to change the role of finance professionals from process executors to overseers and shapers of AI agents, enhancing foresight and strategic impact.
- Focus on Process Transformation: The initiative aims to transform finance operations from efficiency-driven processes to proactive and adaptive decision-centered operations through agentic AI.
- Challenges and Data Quality: While agentic AI adoption grows, significant challenges remain in areas like accounts receivable and payable due to the need for high-quality, structured data and the limitations of current human-centric processes.
