By Carlos Tse
Publication Date: 2025-11-27 07:03:00
More than four in five companies had plans to make business changes within two years, up 20 percentage points from last year, new research has found.
According to a recent survey, nearly nine in ten (86 percent) tax professionals say leveraging data, generative AI and technology is their top priority, and executives expect AI to free up 23 percent more budget for strategic activities.
For this study the Tax and Finance Operations (TFO) Survey, EY collected responses from 1,600 CFOs and senior finance and tax executives across 30 jurisdictions and 22 industries to examine the adjustments tax and finance functions are undergoing in a changing environment.
Stuart Lang, tax and operations director at EY Global, highlighted the increasingly complex and ongoing disruptions facing the industry. Lang noted that tax and finance leaders are “incorporating agility into their core operating models,” emphasizing…