Issue ERP modernization is a multiyear precondition sitting under the finance AI agenda

Summary

Deloitte finds that beneath the finance AI agenda lies a slower, foundational task, modernizing enterprise resource planning systems. Several finance leaders interviewed for the report say they are in the midst of digitally transforming their ERP platforms. Their goal is to gain more flexibility and better access to insight. At the same time, they admit that the effort will take several years to complete. This matters because early-stage AI teams frequently cite legacy technology as a barrier, 41% against 31% for AI leaders. Johnson & Johnson's ERP rollout, with data stewards assigned across the financial process, shows how such projects also shape AI governance.