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Good morning, friends. Gartner asked 183 CFOs about finance AI: 84% adopted it, 7% say it worked. The IRS is matching crypto returns against broker-filed 1099-DAs and sending CP2000 notices where cost basis is blank. Tax research AI at CPA firms nearly doubled in a year, and the billing question is starting to catch up.
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In This Morning's Issue
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No. 01
| FINANCE AI
| Lead Story
84% of finance teams adopted AI. Only 7% got results.
A Gartner survey of 183 CFOs found that 84% of finance organizations have adopted AI. Only 7% report high impact. 63% said implementation moved slower than expected. Data quality, governance and the wrong starting use cases were the most common places it broke down.
The Signal — Most finance teams bought AI before fixing the infrastructure it runs on. AP automation pays back in 60 to 90 days. That is the right place to start. FP&A forecasting sits at just 12% production adoption because most teams don't have the underlying data in shape yet. On June 8, Gartner published a follow-up brief telling CFOs to measure AI by realized value, not deployment volume. What to watch: Watch for firms that change how they measure AI. Not deployment counts. Outcomes. That shift will separate the 7% from everyone else by year end.
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CFO Dive
PwC and OpenAI are building AI agents for the full accounting close →
PwC and OpenAI announced an expanded partnership to build AI agents for the accounting close, forecasting, tax, treasury and payments. For smaller firms, it's a preview of where the enterprise floor is moving.
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Norton Rose Fulbright
Colorado AI consumer law takes effect June 30 — finance is in scope →
Colorado's consumer AI protection law takes effect June 30. It covers any firm using AI to make decisions in lending, finance or employment. Firms need a risk management program, annual impact assessments and a path for consumers to request human review. If you serve Colorado clients, this is the week to check whether you're covered.
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Accounting Today
Tax research AI at CPA firms nearly doubled — billing models are shifting →
60% of tax practitioners now use AI for research, up from 33% a year ago. That shift is breaking the hourly billing model. Research that used to take an hour now takes seconds. Some firms are already testing fixed-fee structures.
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TechCrunch
Apple rebuilt Siri from the ground up with Google Gemini inside →
Apple debuted a rebuilt Siri at WWDC with Google Gemini handling the hard tasks. It reads what's on screen, picks up conversations across devices and pulls context from your personal data locally. For any client who lives in the Apple ecosystem, this is the AI upgrade they'll actually notice.
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PwC
Three quarters of AI's economic gains are going to 20% of companies →
A PwC study found that 75% of AI's economic gains are going to 20% of companies. Those firms are using AI to grow revenue, not just cut costs. For accounting and advisory professionals, the question is which side of that line your clients are on.
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Gartner
Gartner Says CFOs Need Structured Finance AI Roadmaps →
The June 8 brief behind this week's anchor story. Gartner lays out a four-step framework for CFOs who want to shift from counting deployments to measuring outcomes — readable in 10 minutes alongside the survey data.
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Journal of Accountancy
How Are Finance Teams Really Using AI and Automation? →
The Journal of Accountancy looked past the adoption numbers at what finance teams are actually running through AI. The gap between what firms say they are automating and what is production-ready is wider than most surveys suggest.
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The Tax Adviser
Navigating the Form 1099-DA Reporting Maze →
The Tax Adviser's practical guide to what brokers filed, what the IRS is matching and how practitioners should handle reconciliation before CP2000 notices become client calls.
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External links — the most worth-clicking AI items from around the web this week.
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Workflow of the Week
Gemini 3.5 Flash (Google DeepMind)
Google's Gemini 3.5 Flash runs at 284 tokens per second and costs $1.50 per million input tokens. Fast enough for real-time document review. Cheap enough to run on batches. For accounting teams doing high-volume AP reviews or working through long regulatory filings, it is worth testing before defaulting to a pricier model.
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NOW AVAILABLE: Whispers of Nystad
The wait is over. Whispers of Nystad is out now. A historical thriller where a coded letter can end a war. Follow Elsa across a frozen Baltic frontier as empires collide and every message carries a price. Available in paperback and ebook.
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Nexairi Sandbox
New tools and web apps are rolling out. See what's live and what is next.
Visit Nexairi Sandbox →
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Find Your Ikigai — Free Tool
Answer 16 questions about what you love, what you're good at, what the world needs and what you can be paid for. Nexairi Wayfinder maps the overlaps and tells you exactly what it means for your career.
Try Ikigai Wayfinder →
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From the Archive
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That's the dispatch.
If something here changed how you think this week, hit reply and tell me. I read every one.
— Jim
Jim Smart · Founder, Nexairi
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— The Letters Desk —
Write back. We're listening.
Every reply lands in the editor's inbox. Tell us what hit, what missed, or what we should chase tomorrow — one sentence is plenty.
Or just hit reply. [email protected]
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