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How AI Improves Enterprise Risk Management (ERM)

The Finance Weekly

It is changing how businesses deal with Enterprise Risk Management (ERM), and AI algorithms can always watch for risks. AI can look at lots of data, find patterns, and predict risks. AI also does tasks automatically and saves time for risk managers. They can then plan and stop problems more actively.

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BlackLine: Finance need to be aware of these GenAI adoption challenges

Future CFO

Editor’s note: GenAI adoption is touted to bring benefits to enterprises and their finance functions. IDC forecasts that the APAC GenAI market will grow by 85% CAGR from 2022 to 2027, with the financial services industry as one of the leading adopters.

Finance 98
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Embracing AI in Finance and Accounting: Balancing Risk and Innovation

CFO Leadership

AI coupled with The Digitization of the Finance Function create powerful levers for today’s CFO. AI in the “Real World” While these powerful tools seem to have a near mastery of natural language communication, they are not necessarily designed to possess many of the skills required by finance and accounting professionals.

Finance 95
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12 Best Paying Jobs in Finance in 2023

CFO News Room

One industry that tends to be recession-resistant is finance. After all, people will always need financial services, whether investing their money , taking out loans, or managing their taxes. If you’re considering a career in finance, you’re probably wondering what the best-paying jobs are. Chief Financial Officer.

Finance 130
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ExecOpinion: Finance transformation: Strategies in 2023

Future CFO

Gartner says finance transformation encompasses strategic initiatives designed to revolutionise the way the corporate finance function manages its strategy, processes, internal controls, and financial reporting. CFOs must accelerate their finance transformation journey towards autonomous finance or risk falling behind.

Finance 91
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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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Digital acceleration to drive finance leadership in 2022

Future CFO

What does this mean to the finance and accounting team of 2022? According to Gartner , finance leaders anticipate a greater percentage of their time will be spent in improving flexibility of budgeting & forecasting (58%), closely followed by developing digital skills (56%) and redefining employee value proposition in hybrid environments.