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

The Finance Weekly

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. Advanced AI solutions offer real-time analysis during data entry.

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How AI Improves Enterprise Risk Management (ERM)

The Finance Weekly

, Enterprise Risk Management (ERM) , refers to the systematic procedure of strategizing, arranging, supervising, and managing an , organization's activities with the aim of reducing the negative impacts of risks on its financial resources and profits. This helps lenders proactively tackle credit risks.

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Number of U.K. Firms In Significant Financial Distress Jumps

PYMNTS

A report released from the company this week found a 25 percent year-over-year increase in the number of companies categorized as being in significant financial distress in Q2, the largest yearly increase the firm has seen in three years, it said.

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