Generative AI (GenAI) is transforming finance operating models. Finance can achieve substantial advantages from incorporating GenAI, as well as AI, through careful evaluation and investment. By utilizing AI technologies, productivity can be enhanced, allowing staff members to allocate their time to other tasks.
Here are some areas where AI excels in a supporting role for finance:
- Fraud detection
- Financial analysis
- Financial reporting
- Compliance assistance
- Internal audit support
- Scenario risk management
Download our paper, “Today's finance leaders: blazing the trail for GenAI transformation”, to gain in-depth insights on areas that AI excels in supporting finance operations, along with the challenges and workarounds encountered in working with AI.
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