AI in the close, payables and planning: what filers describe

Companies describe AI in finance operations in two kinds of filing passage: a company saying it applies AI to its own accounting work, and a company that sells finance software describing what its AI does. Both appear in the filings stream; this page sets them side by side, in the filers' own words, and keeps the two kinds apart. It does not compare or recommend any product.

Companies describing their own finance work

The clearest own-use statement in the stream is OLB Group's 10-Q filed 2026-08-14: "In accounting and finance, we are developing AI agents intended to automate invoice processing, reconciliation, residual calculations, expense categorization and routine financial close activities."¹ The next sentence in the same filing sets a boundary: "Human review and oversight remain in place for underwriting, risk, compliance and financial reporting activities, and our internal control over financial reporting is not dependent on these tools."¹ The two sentences together describe work in development, with people still reviewing reporting and with the company's control framework stated not to rely on the tools.

Data I/O's 10-K filed 2026-04-16, in management's discussion and analysis, says "AI tools were applied" across several functions, ending with "internal business operations including financial reporting and analysis."² The passage uses the past tense and names financial reporting and analysis among the areas, without describing which tasks.

Two different verbs mark the difference between these statements and the risk factors elsewhere in the stream: "are developing" and "were applied" describe activity, while a risk factor says what "may" or "could" happen. See how to read an AI risk factor.

Vendors describing finance products

Companies that sell finance software describe AI in their products, usually under Item 1, Business. These are descriptions of what is sold, in the seller's words, not evidence of how any customer uses it.

• Payables and receivables. BILL Holdings' 10-K filed 2026-08-20 says it uses AI "to deliver strategic finance capabilities in one integrated platform that includes accounts payable (AP), accounts receivable (AR), expenses, forecasting, procurement, and more."³ Its 10-Q filed 2026-02-06 describes AI agents "to enable automatic W-9 collection, transaction reconciliation and invoice coding."⁴
• Accounts payable automation. Paylocity's 10-K filed 2026-08-05 describes an AI-powered product that covers the process "from vendor onboarding and invoice processing to bill coding, approvals, payments, syncing to the enterprise resource planning system and reconciliation."⁵ XBP Global Holdings' 10-K filed 2026-03-31 says its accounts payable and procure-to-pay solution "leverages artificial intelligence to simplify the complexities of supplier onboarding, management, and invoice processing."⁶
• The financial close. A statement in BlackLine's 8-K exhibit filed 2026-05-05 describes its "vision for trusted, auditable AI" in the financial close.⁸ Workday's 10-K filed 2026-03-06 says it announced AI agents "expected to be available in fiscal 2027," built to assist with finance processes "such as performance reviews, workforce planning, and financial close."⁷
• Planning. OneStream's 10-K filed 2026-02-26 says "CFOs recognize the potential of AI" for processes "such as demand forecasting, workforce planning and budgeting." The same filing says that for the finance function, "concerns about data accuracy, auditability, security and the specialized nature of financial processes present additional hurdles for the adoption of AI."⁹
• Tax. Vertex's 10-K filed 2026-02-24 says Kintsugi powered by Vertex "automates key tax compliance functions for small- and medium-sized businesses in an AI experience."¹⁰

The products are listed by function, and within each function in alphabetical order of company name.

Words that recur

Across these passages the same tasks come up: invoice processing and coding, reconciliation, vendor onboarding, approvals and payments, and the close. The same qualifiers also recur: "auditable" (BlackLine), "auditability" (OneStream), "human review and oversight" (OLB). The filings do not report results, error rates or savings from these uses, and this page does not supply any.

What this means for reading a filing

When a company says AI touches its own close or payables, the useful follow-on questions are the ones the filings themselves answer in some cases and not others: is the use live or in development, does a person review the output, and does the company say whether its internal control over financial reporting depends on it. The explainer on AI and internal control over financial reporting collects what filers say on that last point.