SYDNEY, July 22, 2026 /PRNewswire/ -- Avalara, Inc., the agentic AI leader for global tax and compliance, today released new research revealing that while Australian finance teams feel pressure to deploy AI agents as quickly as possible, governance, accountability, and internal controls are struggling to keep pace.
The report, "Agents of Change: How the Race to Deploy AI Agents is Outrunning Financial Governance," surveyed CFOs and senior finance leaders across Australia who have deployed, piloted, or actively evaluated AI agents in financial processes during the past year.
Key findings
Pressure to show value is mounting.
Governance is falling behind the agentic AI rush.
The findings reveal a finance function caught between executive pressure to accelerate AI agent adoption and the operational reality that those AI agents need to be managed with care, particularly in tax and compliance, where decisions must withstand regulatory scrutiny.
"Australian finance leaders are right to move quickly to capitalize on agentic AI opportunities, but speed without accountability creates new forms of risk, and speed without rethinking workflows limits ROI," said Hugo Sarrazin, Chief Executive Officer at Avalara. "The organizations that realize the greatest value from AI won't simply deploy more agents. They'll leverage agents with trusted data, governed workflows, and clear controls that enable automation with confidence."
Pinpointing Accountability
The research highlights questions about who is responsible for significant AI agent errors. For example, nearly one in five (18%4) say accountability for a significant AI agent error would be unclear or sit with no one, while 18% believe the executive who approved the AI investment would ultimately be held personally accountable.
One of the challenges is a lack of available knowledge: 75%5 lack dedicated in-house expertise to understand how their AI agents work, relying on IT or vendors.
"Finance leaders are being asked to move quickly with AI, but governing agents requires a new combination of domain, AI, IT, and data governance expertise," said Frank Cirone, VP Commercial Strategy at Snowflake, a cloud data platform company. "As AI agents gain access to financial and compliance workflows, organisations need to know what those agents can see, what they can do, and when human approval is required. That kind of control has to be built into the architecture, not added after the fact."
Finance Leaders Prioritize Trust Alongside Speed
The survey makes clear that finance leaders aren't looking to slow AI adoption. They're looking to scale it responsibly. When asked what would most increase their confidence in expanding AI agents, respondents consistently prioritised capabilities that reinforce trust and accountability:
The capability respondents identified as most valuable for financial operations was "audit-ready documentation for every AI-driven action," selected by 37% of respondents.
"AI agents are now moving into business processes that require trust, transparency, and governance by design," said Jim Lundy, Founder, CEO, and Lead Analyst at Aragon Research. "As enterprises scale agentic AI, the question becomes less about whether the technology can act and more about whether organizations can understand, control, and explain those actions. In finance, where workflows are auditable and outcomes carry real business consequences, governance and explainability will become essential requirements for adoption."
The full report, Agents of Change: How the Race to Deploy AI Agents is Outrunning Financial Governance, is available at: newsroom.avalara.com/image/Agents_of_Change.pdf
Methodology:
The research was conducted by Censuswide, among a sample of 250 CFO or Senior Finance leaders (aged 30+) in Australia in companies with a revenue of approximately $14 million+ (US$10 million+). Respondents must have deployed, piloted, or actively evaluated AI agents in their organisation in the last 12 months and work in the following industries: Financial Services and Insurance / Healthcare /Manufacturing & Distribution / Professional Services (i.e., accounting firms legal, consulting) / Retail & E-commerce / Tech and SaaS. The data was collected between 15.06.2026 - 22.06.2026. Censuswide is a member of the Market Research Society (MRS) and the British Polling Council (BPC), and a signatory of the Global Data Quality Pledge. Censuswide adheres to the MRS Code of Conduct and ESOMAR principles.
For more information, visit Avalara.com.
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