Ad Hoc in finance refers to temporary, non-recurring tasks or activities. It could refer to an unplanned additional task taken on by a financial analyst, or an ad hoc financial report that is compiled when needed and not part of a regular reporting schedule. Generally speaking, Ad Hoc tasks are outside the bounds of what someone normally does in their job position, and require quick action and resolution. Financial specialists use specialized tools such as market intelligence to achieve successful business outcomes, but often there is no detailed plan for how those goals will be achieved. This is where Ad Hoc activities come in – they enable organizations to react quickly and creatively to changing business conditions.