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Top 8 AI Uses in Finance Embraced by FP&A Leaders

The Finance Weekly

AI is , transforming the finance sector, especially in financial planning and analysis (FP&A). AI integration in their FP&A function brings various positive outcomes: AI algorithms boost efficiency by swiftly handling large amounts of financial data, reducing the , risk of errors , and enhancing data integrity.

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MarketInvoice Adds Invoice Insurance Via Euler Hermes

PYMNTS

Invoice financing company MarketInvoice is enhancing its product offering through a new collaboration with Euler Hermes. MarketInvoice said it is also integrating a risk mitigation solution that analyzes financial data to help businesses make better decisions about customers with which they choose to trade.

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Reckon Shares Details On Its Aussie Alt-Lending Entrance

PYMNTS

Australia, however, may emerge with an alternative finance industry that is a bit different. “Online lenders are tapping into real-time business data from online accounting solutions,” explained Reckon’s Rabie, pointing to SME accounting platform Reckon One as an example. regulation is likely headed its way.