AI in companies' own finance work: what filers say they use it for

When a company tells the SEC that it uses AI in its own finance work, it usually does so in a single clause inside a list, and the tasks named most often are invoices, reconciliation and reporting. This page collects the own-use statements in the filings stream, in the filers' words, and separates them from passages in which a company describes AI products it sells. It does not rank, endorse or compare any company.

Named tasks

Some filings name the task. Expensify's 10-K filed 2026-02-26 says that "we use AI Technologies to optimize our internal processes, including, but not limited to, analyzing and processing receipts, bills, and invoices."¹ The same paragraph says the company uses third-party AI, machine learning and automated decision-making technologies "throughout our business, and are making significant investments in this area."¹ Expensify sells expense software, but this sentence is about its own internal processes.

Global Business Travel Group's 10-K filed 2026-03-09 gives a short inventory by function. After saying "we are systematically deploying next-generation AI technologies while maintaining rigorous governance and data security standards," it says: "In finance, AI supports revenue assurance and contract reconciliation."² The adjacent sentences assign other uses to traveler care and engineering, so finance is one function among several.

OLB Group's 10-Q filed 2026-08-14 is the most detailed own-use statement in the stream. It says the company is "developing AI agents intended to automate invoice processing, reconciliation, residual calculations, expense categorization and routine financial close activities."⁶ The verb is "developing", so the filing describes work in progress, not a deployed system.

Finance as one item in a list

Other filings place finance or financial reporting inside a longer list of business uses without saying what the AI does there. ARMOUR Residential REIT's 10-K filed 2026-02-18 says the company, its manager or third-party service providers use AI in "data analysis, investment modeling, risk management, financial reporting, and cybersecurity."³ Zedge's 10-K filed 2026-10-28 says it relies on AI "for development, content moderation, personalization, marketing assets, finance, legal, user engagement, and other functions across our business."⁴ Data I/O's 10-K filed 2026-04-16 says AI tools were applied to areas ending with "internal business operations including financial reporting and analysis."⁷

A list item tells a reader that the company considers finance part of its AI use. It does not say which processes, whether a person reviews the output, or whether controls changed. For those questions, see AI in the controls section.

Stated intentions and stated limits

An 8-K can carry a statement of intent. In an exhibit to Bakkt's 8-K filed 2026-08-17 announcing a new chief financial officer, a statement attributed to the chief executive says: "We intend to build a modern, data-driven and AI-enabled finance organization that can operate at speed, allocate capital intelligently and support the scale of the opportunity ahead of us."⁵ The sentence describes a plan, not a present use.

Some companies state a limit instead. Oil-Dri's 10-K filed 2026-10-08 says it does not currently use AI technologies "within our financial reporting or internal control over financial reporting functions," while it uses and intends to expand AI elsewhere in its business.⁸

What Federal Reserve officials have described

Officials speaking about the financial sector have described similar back-office uses. Governor Christopher J. Waller said on 2026-09-29 that the payments industry "was also an early adopter of large language models (LLMs) for payment reconciliation and similar tasks."⁹ Vice Chair for Supervision Michelle W. Bowman said on 2026-05-01: "Financial institutions are developing their own applications and implementing vendor-assisted tools."¹¹

On pace, Governor Michael S. Barr said on 2025-04-04 that "banks appear to be moving cautiously with their Gen AI use, which reflects the current state of the technology, as well as banks' internal organizational structure and the highly regulated environment in which they operate."¹⁰ The passages quoted above describe uses rather than results: none of them reports an error rate or a cost saving from AI in the company's own finance work.

Reading an own-use statement

Three questions sort these passages: does the filing name a task or only a function, does it use a present or a future verb, and does it say anything about review or controls. Expensify, Global Business Travel and OLB name tasks; ARMOUR, Zedge and Data I/O name functions; Bakkt states an intention and Oil-Dri states a limit. Each passage has an entry in the filings stream, and AI in the close, payables and planning covers the vendors that sell these capabilities.