How to harness the transformative growth of generative AI in F&A

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Artificial Intelligence
Finance and Accounting

Published

October 24, 2023

Finance leaders: Embrace the power of generative AI

Generative AI is taking every industry by storm, and the world of finance and accounting (F&A) is no exception. Picture this: processing large pools of financial data in seconds, automating end-to-end workflows, and getting sharper insights for strategic decision-making, all through the power of generative AI.

 

This isn't a distant future – it's here. In fact, leading tech providers are racing to integrate generative AI, with 90% highlighting its value in recent earnings calls. But, as with any game-changing innovation, there are challenges and risks that CFOs must navigate.

 

Check out the first of our two-part series now to discover:

 

  • How generative AI can transform your finance operations, from streamlining accounts payable processes to enhancing financial planning
  • Four factors to determine where generative AI can improve a business process
  • How to overcome the risks of adoption
READ PART ONE OF OUR POINT OF VIEW
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Three notable use cases for gen AI in F&A

Part two of our deep dive into generative AI in finance and accounting explores three of its most prominent use cases for CFOs.

 

This includes how gen AI can:

 

  • Deliver a better customer experience while allowing F&A teams to focus on more complex requests
  • Accelerate the month-end close
  • Streamline financial planning and analysis as well as enhance collaboration and reporting
  • Achieve zero-touch processing, meaning zero exceptions, zero time to close, zero time to insight, and one holistic experience
     

Dive into part two now to see how these insights can elevate your F&A processes, resulting in unprecedented levels of efficiency and growth.

READ PART TWO OF OUR POINT OF VIEW
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