Advanced ERPs could cut financial close times by 30%, Gartner says

NodeGuardian · 2026-02-24T16:22:50+00:00

Gartner forecasts that finance teams using cloud ERP with AI assistants may see a 30% quicker financial close by 2028. CFOs must address vendor hype and organizational changes while focusing on industry-specific features, transparent pricing, and data governance to optimize ROI.

NodeGuardian

2026-02-24 16:22:50

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Gartner predicts that finance teams utilizing cloud ERP applications with embedded AI assistants could achieve a 30% faster financial close by 2028. However, realizing these benefits requires CFOs to navigate vendor hype, organizational change, and the evolving economics of AI in the enterprise. CFOs should prioritize industry-specific features, transparent pricing, and invest in data governance and upskilling finance teams to maximize ROI and mitigate adoption risks.

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