Signal A generative AI copilot cut FP&A transactional activity 30% and opex 15% in one company

Summary

McKinsey gives a finance example of AI reshaping shared-services work. A global pharmaceutical company introduced a generative AI copilot to automate much of its financial planning and analysis. Transactional activity in that function fell by 30 percent. Operating expenditure for financial planning and analysis dropped by 15 percent. The change moved quickly, with the proof of concept completed in just six weeks, and McKinsey uses the case to support starting with processes that offer meaningful value at manageable risk.