A CTO’s Guide To Future-Ready Finance

Sunil Padiyar is the Chief Technology Officer (CTO) of Trintech, a global leader in AI Financial Close solutions.

For decades, finance leaders have chased the vision of a continuous close—a world where financial data is reconciled in real time, risks are flagged instantly and CFOs always know exactly where they stand.

It has long felt like a mirage: desirable but unattainable.

That mirage is now coming into focus in the age of AI. However, realizing it requires more than layering new tools on top of old systems. It requires embedding intelligence directly into workflows, with governance, auditability and a “human-in-the-middle” mindset guiding every step.

The foundation still matters.

Even in the era of rapid digital transformation, one truth remains that CTOs must remember: Finance still stands on solid ground.

Finance is built on stability. Legacy platforms hold decades of embedded knowledge and provide the compliance-grade reliability organizations rely on. Transformation should never mean discarding them. Instead, they serve as the foundation upon which innovation can be built.

The opportunity is not to rip and replace but to orchestrate stability and agility in tandem.

Finance technology has evolved in waves. ERPs in the 1990s standardized processes, robotic process automation in the 2000s cut down on manual tasks, and cloud platforms in the 2010s unlocked scalability.

Each innovation made finance faster but not yet continuous. These tools optimized timing but not intelligence.

Intelligence is at the core with embedded AI.

AI is different. It doesn’t just accelerate existing workflows; it changes their nature by bringing judgment, context and adaptability into processes that were once rigid and manual.

Traditional approaches, such as manual journal entries, endless reconciliations and static reports, kept the continuous close out of reach. Even automation bolted onto the side offered only incremental relief.

Embedded AI agents have broken that pattern. Operating within the workflows of financial close, they can draft journal entries, resolve errors, surface anomalies and deliver real-time insights.

Imagine a journal entry process where recurring vendor invoices are prepared automatically, anomalies are flagged instantly and controllers spend their time approving rather than preparing. Consider a reconciliation process where transactions are matched to bank statements continuously, with mismatches highlighted within hours rather than weeks.

Suddenly, the close becomes proactive instead of reactive.

How can leaders embed AI responsibly?

This AI shift demands more than passive adoption. CTOs know they must become AI-literate in the age of digital transformation.

Effective leaders ought to ask themselves questions such as:

• Is this AI embedded or simply bolted on?

• Does human oversight remain visible?

• Can every output be traced, audited and explained?

• Is the AI aligned with workflows and frameworks that leaders own?

Trust, however, is non-negotiable. No amount of efficiency matters if finance leaders cannot defend their numbers to boards, auditors or regulators.

The CTO’s playbook begins here.

To bring continuous close to reality, CTOs must first map out the tech ecosystem. Identify existing ERPs, data warehouses and bots, and determine which expose APIs or event streams that feed reconciliation and posting.

Next, they must embed intelligence rather than bolting it on. Prioritize the AI that operates inside workflows.

CTOs should build a governance layer early on. They should be able to trace how an entry was created and explain an AI decision to an auditor—co-owning that literacy with the CFO.

KPIs must also be defined. The CTOs who lead treat finance like any other investment: measurable, iterative and accountable. Keep a pulse on key indicators like reduction in manual touchpoints, error rate reduction and more.

Finally, they must evolve their talent model. Technology doesn’t transform finance alone; people do. Embedded AI can succeed when it meets teams where they already work.

Leaders must learn to balance oversight with empowerment, ensuring human judgment remains at the center of the function.

Finance leaders should also apply the same discipline to measuring AI as they do to every other investment. Hours saved on journal entry preparation, reductions in errors and escalations, shortened close cycles and lower training costs are the yardsticks that separate genuine transformation from shiny object syndrome. Without them, AI risks becoming hype. With them, it becomes a growth driver.

The competitive edge is real. Companies that achieve continuous close can identify risks sooner, redeploy capital faster and respond to market shifts in days rather than weeks. Those that hesitate risk being left with slower reporting, higher costs and reactive decision-making.

Looking ahead.

The journey to future-ready finance is not about choosing between stability and agility but about orchestrating both. Embedded AI agents are making continuous close—once only a dream—a practical reality.

CTOs who become AI-literate, demand embedded intelligence and measure ROI with rigor will lead finance functions that are not only efficient but resilient, innovative and ready for the future.

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