Dive Brief:

• Oracle on Wednesday announced that it was expanding its portfolio of artificial intelligence agents for corporate finance professionals, adding a tool for accounts payable teams among other offerings.
• The new agents, embedded into Oracle’s Fusion Cloud Applications suite, were unveiled in conjunction with the enterprise software giant’s 2025 “AI World” conference in Las Vegas.
• “Oracle is ushering in a new era of agent-driven finance, where AI assistants turn fragmented, complex, staff-heavy processes into proactive, continuous operations that free teams to focus on judgment and strategic outcomes,” Rondy Ng, Oracle’s executive vice president of applications development, said in a press release.

Dive Insight:

Oracle is among a rapidly growing list of enterprise software companies that are offering AI agents designed to perform tasks across various business functions, including corporate finance, with little human intervention.

Gartner predicts that at least 15% of day-to-day finance decisions will be made autonomously by 2030, as finance professionals transition from task execution roles to overseeing and coordinating AI agents.

Global artificial intelligence spending will reach $1.3 trillion by 2029, a 31.9% spike compared with this year’s level, driven by the growth of applications and systems to “manage agentic fleets,” according to market research firm IDC.

Oracle said its new “payables agent” is designed to ease workloads for accounts payable teams. Among other steps, the tool is able to grab invoices from various locations, including emails and PDFs; match them to purchase orders and receipts; and route them for approval and payment.

The company also introduced a new “ledger agent” for accountants and a “planning agent” for financial planning and analysis teams.

Workday made a similar announcement last month as part of its Workday Rising 2025 conference in San Francisco.