How Generative AI Can Help Finance And Accounting Professionals
IBM News, Friday, June 23, 2023
Whether you're a CFO, an accountant, a financial analyst or a business partner, artificial intelligence (AI) can help improve your finance strategy, uplift productivity and accelerate business outcomes.
Though it may feel futuristic, advancements such as generative AI and conversational AI technology can benefit Finance & Accounting (F&A) now.
AI technology enables finance professionals to focus on higher-value activities, such as strategic planning and analysis, instead of manual and transactional activities. Generative AI empowers faster and better data-driven decisions based on historical data, market trends and the use of AI foundation models that identify patterns and anomalies often missed by traditional analysis methods.