Payhawk debuts revolutionary AI office for finance teams

Payhawk has introduced the "AI Office of the CFO," a suite of AI agents designed to increase the efficiency of finance teams by streamlining their operations.

The new suite incorporates AI agents that autonomously address critical tasks such as expense reports, purchase requests, travel bookings, and payment inquiries. This initiative aims to liberate finance teams to focus on higher-value activities by handling time-consuming and routine responsibilities.

Payhawk's existing infrastructure, handling companies' transactions, policies, workflows, and master data, enables it to incorporate AI in a way that offers automation balanced with control. By leveraging this infrastructure, Payhawk intends for its AI agents to deliver practical value while maintaining organisational control.

Hristo Borisov, Chief Executive Officer of Payhawk, commented on the transformative potential of the AI Office of the CFO. "Finance leaders know AI will have an impact on their operations, but until now, there hasn't been a clear and practical path forward," he said. "We're not just adding AI features — we're creating a new category of purpose-built agents that transform finance operations by autonomously completing critical, time-consuming tasks."

Upon launch, the suite includes the Financial Controller Agent, which is set to manage repetitive tasks such as tracking down missing receipts and analysing expense documents. This is part of a broader strategy to integrate AI more thoroughly into finance operations, aiming to redefine the field.

Boyko Karadzov, Chief Technology Officer of Payhawk, explained the unique approach their infrastructure supports: "What makes our approach unique is that we've built these AI agents on Payhawk's existing financial infrastructure. Our platform already handles global spend management through licensed payments, established approval workflows, granular spend controls, and system integrations — the exact foundation needed for secure, effective AI implementation in finance. Our vision is to offer all the capabilities of our web and mobile apps through natural conversation with AI, enabling users to work with Payhawk however they prefer."

The AI agents are integrated into Payhawk's secure infrastructure, allowing organisations to adopt AI with the necessary control over finance operations. The launch responds to findings from Payhawk's latest study, indicating that 87% of finance leaders are open to AI assuming some of their duties.

This new offering includes several agents designed to optimise key financial functions. The Financial Controller Agent streamlines expense reporting, while the Procurement Agent simplifies purchase requests. The Travel Agent handles business travel planning, and the Payments Agent assists with transaction inquiries and reimbursements.