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Artificial Intelligence

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Finance director and controller reviewing financial performance indicators on a large screen in a modern Quebec office
Article

AI in finance: why adoption is rising faster than value

According to KPMG Canada (September 2026), 83% of surveyed companies use AI in the finance function, yet only 36% report more accurate forecasts, versus 64% worldwide. The value gap does not close with more tools. Here are the four steps that close it, one process at a time.

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Treasury analyst and controller reviewing a 13-week cash flow projection in a Montreal office
Article

AI Cash Flow Forecasting: Accuracy Starts in Your Accounts Receivable

Cash flow forecasting is back as treasurers’ number one priority according to the 2025 EACT survey, and 60% of treasury teams use or plan to use AI to produce it. Before the algorithm, accuracy is decided in accounts receivable: unapplied payments, late reconciliation, incomplete data.

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Finance director reviewing a queue of flagged transactions with an analyst in a modern Quebec office
Article

AI agent governance in finance: who approves what AI decides?

Gartner predicts over 40% of agentic AI projects will be canceled by the end of 2027, often for lack of adequate risk controls. Before letting an agent write into your ERP, define who approves what. Here are the four controls separating useful autonomy from loss of control.

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Finance controller and accountant working through the month-end close in front of two monitors in a modern Quebec office
Article

How Long Should Your Month-End Close Take?

Top finance teams close their books in 4.8 days; the median sits at 6.4 days per APQC, a benchmark that has barely moved in a decade. Meanwhile, 50% of CFOs make the digital transformation of finance their top 2026 priority. Here is where to start.

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Chief financial officer and operations director reviewing performance indicators on a large screen in a Quebec office
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How to Measure AI ROI in Business: the Method That Holds Up in 2026

In Canada, 88% of senior leaders say they can measure their AI ROI, according to Deloitte Canada (2026). Yet the Bank of Canada observes significant use in only 8% of businesses. Here are the four indicators that make the measurement credible, before you even choose the tool.

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Finance employee consulting a chatbot on her personal phone beside her work laptop in a Quebec office
Article

Shadow AI in the Workplace: Your Employees Already Use AI Without Telling You

According to Gartner, 69% of organizations suspect employees are using prohibited generative AI tools. Shadow AI is already inside your teams. Here is its real scale, the three risks it creates, and a four-step method to govern it without killing the productivity momentum.

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Accounts receivable specialist comparing a paper remittance advice with open invoices on screen in a modern Quebec office
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How to Reduce DSO: Start with Your Unapplied Cash

Median DSO sits at 46 days according to the Hackett Group, while top performing teams hold it at 28. Before adding collection calls, look at your unapplied cash: part of what your aging report calls overdue is already paid. Here is where to start.

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Executive team discussing AI adoption figures in front of a screen in a Montreal office
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AI Adoption in Business: What Canada’s 2026 Numbers Reveal

Statistics Canada reports that 19.2% of Canadian businesses used AI in the second quarter of 2026, triple the 2024 rate. Behind the average sit wide gaps between sectors and company sizes. Here are the numbers that matter, the real barriers, and how to join the shift without improvising.

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RELÈVE illustration showing a legacy system transitioning toward a modern application architecture with AI assistance
Article

RELÈVE: Modernizing Your Legacy Systems with AI

Your legacy systems still run, but their technical debt grows every year. According to the Auditor General of Canada (2023), two thirds of roughly 7,500 federal applications reviewed are obsolete. RELÈVE, PlanAxion’s offer, uses AI to extract the business logic from existing code, has your experts validate it, then decides module by module.

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