NextGen Finance AI Summit Gets Underway at Technopark

THIRUVANANTHAPURAM:
A two-day summit on the impact of artificial intelligence (AI) in the finance and accounting sector commenced at Technopark here.

Titled ‘NextGen Finance AI Summit 2026,’ the event is organised by the Professional Development & CPE Committee of the Institute of Cost Accountants of India (ICMAI) in association with Technopark, SIRC of ICMAI and its Trivandrum Chapter.

The February 14-15 summit aims to explore how artificial intelligence (AI) is reshaping the finance and accounting profession, transforming workflows from automation to strategic insight.

NK Premachandran, MP, inaugurated the summit with the theme ‘Transforming Finance with AI: From Automation to Insight.’ Shri Srinivasa Prasad, President, ICMAI, presided over the inaugural ceremony.

In his address, Premachandran urged finance professionals to leverage AI tools responsibly and scientifically, making the profession much easier.
“There is a shift in the finance profession from manual processing towards strategic intelligence and data-driven decision-making. It is a drastic and structural change in the domain, and so, we have to be more competent technologically and ethically,” he noted, adding that in such a context, the summit has immense significance.

Referring to a McKinsey Global Institute report, Premachandran said that by 2030, in India, around 25 per cent of current jobs will be lost due to AI’s impact. The MP said that in that situation, we have to utilise AI effectively to offset job losses.

Srinivasa Prasad said the first-of-its-kind summit in Kerala marks a significant milestone in ICMAI’s history. “It reflects ICMAI’s far-sighted vision and commitment in equipping all the members and professionals for a rapidly transforming financial and technological landscape.”

Prasad said AI-driven management in finance is not only about managing cost but also about managing resources.

Pranav Jayan, Chairman, ICMAI Trivandrum Chapter, welcomed the gathering. Suresh R Gunjalli, Chairman, Members in Industry & PSUs Committee, ICMAI; Gomathisankar, Regional Council Member, SIRC of ICMAI and Praveen Kumar, Regional Council Member, SIRC of ICMAI; were also present.

The summit brings together finance professionals, industry leaders, academicians, and policymakers for high-impact knowledge sharing and forward-looking discussions.

On the inaugural day, sessions on ‘Next Gen Finance Automation & Google Apps Script’ and ‘VBA Automation and Vibe Coding,’ besides the Robotic Show, were also held.

Sessions on ‘Transforming Financial Reporting through Automation & Risk Analysis’ and ‘Digital Twin Model of Costing’ will be held on the second day of the summit.

The two-day event will also feature interactive sessions, live demonstrations and expert-led discussions, helping participants understand how AI is reshaping finance functions and preparing them to lead in the age of digital intelligence.