Article
Artificial Intelligence and the future of construction finance
July 17, 2025 · Authored by Nick Brorson
Generative Artificial Intelligence (AI) has rapidly gained popularity due to its ability to effortlessly generate various types of content, including text, images and video. Additionally, generative AI assists organizations of all sizes with automating mundane tasks as well as optimizing workflows, resulting in increased productivity among teams.
AI is a hot topic that people can’t get enough of, and it’s not showing signs of slowing down anytime soon. More and more, businesses are recognizing the value of leveraging platforms like Copilot, ChatGPT and DALL-E 2 to expedite and enhance business processes as well as spark innovation.
The future of Artificial Intelligence in construction is promising. Early indicators and trends show that a strong foundation is being built for a significant industry transformation. Leaders are now asking themselves: Is our construction business ready to adopt AI? Are we exploring strategies to integrate AI into our financial operations, or are we hesitating due to skepticism?
If you’re on the fence about adopting AI, you could be hindering your business from potential growth opportunities. AI is fueling the future of construction finance with the efficiencies it provides, and you don’t want to get left behind. The role AI is playing in shaping the future of construction finance and how it could benefit your business is massive and includes:
Task automation to workflow automation
With AI, businesses are empowered to automate manual and error-prone tasks. But did you know that it can also take it another step further and automate more complex workflows? Instead of automating a singular task, AI can streamline a series of interconnected tasks from beginning to end.
With the utilization of both large language models (LLMs) and AI agents, businesses can define their desired objectives and enable AI to streamline their workflows. Processes like remittance matching, intercompany transaction reconciliation and payment status inquiries can all be automated with minimal oversight needed. Looking ahead, processes like the month-end close are anticipated to be fully automated by AI in the future.
With the automation of these types of workflows, businesses can gain a competitive edge because their data will be delivered more quickly, accurately and consistently.
