Finance Risk Intelligence (FRI): Defining the Future of Risk Management in Finance and Accounting (F&A)

Finance and Accounting (F&A) teams are expected to do more than ensure compliance – they must now manage a growing array of risks while enhancing resilience and business value. Traditional risk management methods, such as periodic audits and retrospective controls, are no longer sufficient in today’s environment of macroeconomic volatility, digital transaction complexities, and heightened regulatory scrutiny. This Viewpoint introduces Finance Risk Intelligence (FRI) as a dedicated, AI-powered capability designed to embed continuous, predictive, and autonomous risk monitoring across the F&A value chain.

FRI represents a distinct evolution in the F&A technology stack. These solutions function as an intelligence layer that integrates with ERP and process execution platforms to ingest financial transaction data, apply layered AI models for anomaly detection, and enable near real-time intervention. The report outlines the FRI architecture, comprising data processing, intelligence, and action layers, and details how enterprises can use FRI for use cases across procure-to-pay, order-to-cash, and record-to-report processes. It also presents the emerging provider landscape and provides practical adoption guidance, including imperatives to align people, processes, and technology.