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AI in the finance function

Future CFO

Compliance and regulatory : Use classification models to analyse new regulations to understand new obligations or build audit plans by analysing the risk environment and operational metrics. Fraud and waste : Use Machine Learning (ML) to detect fraudulent patterns. Given what we understand of Generative AI, is it a reliable tool today?

Finance 98
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Preparing Your Finance Organization for the New Era of AI

CFO Leadership

However, there are several questions you’ll want to address to confirm you have the right data to build and evolve your models: What type of data do we need? Where is that data located? What data governance, privacy and security procedures do we have in place or need? Is it ready to use now, and is it scalable?

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How Generative AI is Impacting the Digital Solutions Economy

Bramasol

Natural Language Processing (NLP) : NLP technologies analyze customer feedback, reviews, and social media comments to gain insights into customer sentiments and preferences, enabling companies to make data-driven improvements, gauge customer satisfaction, and identify areas for improvement.

SAP 87
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Elevating tomorrow’s finance leaders today

Future CFO

According to Payscale.com , skills such as leadership, and financial reporting and strategic planning, won’t elevate your take-home pay much. With limited supply and high demand in the market, these skillsets are well-positioned to command highly competitive and even above-market salary offers from employers eager to secure their talent.

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Tailoring ESG approaches in finance

Future CFO

Safeguarding data In the road to safeguard customer data and ensure compliance with data privacy regulations, Wood says organisations should implement best practices prioritising security, traceability, and compliance readiness.

Finance 40
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AIs Impact on Corporate Finance

The Finance Weekly

He brought over 14 years of finance leadership experience from renowned firms like PWC and Tails across multiple countries. His expertise spans financial analysis , budgeting, business partnering, financial storytelling, excel, and audit. Data security and management are also significant considerations when working with AI.