Source: Fortune
Summary
Workiva’s Steve Soter says CFOs are navigating a pace of change that is hard to fathom, with AI set to fundamentally redefine what it means to be an auditor. According to Workiva’s 2026 Executive Benchmark Survey, 76% of internal audit teams are already testing their organizations’ AI models. Workiva has unveiled a revamped AI-powered GRC platform to automate manual audit tasks and help finance and audit leaders see risk in real time.
Our Reading
The numbers tell one story. Workiva’s AI-powered GRC platform is designed to automate manual audit tasks, with early adopters saving up to 40% of their time. The platform is being used to map evidence to controls, summarize information, and draft reports. Some customers are also using the platform for continuous risk monitoring. Workiva’s Steve Soter says AI will reduce friction between finance and external auditors, and the role of internal audit will become synonymous with C-suite advisor. The audit season fire drill may soon be a thing of the past.
Meanwhile, CFOs are being told to unite with CIOs and CSOs for data governance to succeed – and to trust AI to get the job done.
Author: Evan Null
