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Artificial intelligence-powered tools, like virtual assistants, have the potential to reduce the time it takes to close the books from 10 days to just two, placing the remaining eight days in the hands of accountants and other finance chiefs to wield more strategically for their enterprise. Balancing Risks. in particular. “In in particular.
Anecdotally, these firms have been talking for years about the industry’s potential to make significant disruptions in areas like corporatefinance, small and medium-sized business (SMB) lending and more. “We According to Skan, B2B FinTech can actually have advantages over B2C counterparts when it comes to securing funding.
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