Optimising financial processes

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Something to Consider: 3 Ways Accountants Can Implement AI Today

Something to Consider April 2019 4

3 Ways Accountants Can Implement AI Today

There is a lot of frothy media reports, exhortations of management consultants and business schools and although we see AI coming into consumer interaction, executives are still unsure about where the low hanging fruit for business really is. What is the hype and what is the reality? What role does AI play in digital transformation?

There are 3 key ways that AI can specifically transform finance and accounting:

  • Streamline data entry and analysis
  • Reduce fraud
  • Enforce corporate policy

With the increase in automation of transactional activities, AI creates opportunities for more strategic activities.

If you’d like to look in more depth at the top 3 ways AI can transform finance and accounting, you can find the full article here

Our ‘Something To Consider’ snippets are framed as small, digestible, ‘dashes of insight’ around the pillars of what we define as “World Class Finance” – Process Optimization, Financial Control and Compliance, and Risk Assurance, all underpinned by technology enablement and integration.