Panax’s Post

My colleagues just published a very interesting article based on their experience of GenAI in Finance. Curious to see how fast this will become the new "must" and how finance organization will evolve by leveraging this. What are your thoughts? #GenAI #Finance #CFO Please read the article to learn more. https://lnkd.in/e5V52ndv

The move to artificial general intelligence (AGI) accelerates as demonstrated by rapid development of integrated multimodal models and exponential rise of computing power. The much-hyped release of Gemini by Google last week, almost a year after release of ChatGPT, is testiment to this notion, as is the unveiling of IBMs 400 Qubit-Plus quantum processor and next generation quantum systems. CFOs still have far to go to realise the benefits of ‘traditional AI’ while considering integration of Gen AI capabilities. This article explores AI options with Alteryx, and key considerations for deployment. #alteryx #genai #ai #cfoinsights

Learn how AI offers CFOs significant opportunities to improve financial processes, make better decisions, and stay ahead in the changing business world. Read on: https://ow.ly/9fT650QhBvF #GenerativeAI #Finance

AI has come to change our entire world. Get hooked on the new intelligent age. Visit our page https://lnkd.in/diJQpmtG and subscribe our free trial. We’ll show you a new way to do your job! #consultantservices #finance #businessgrowthtips #managementconsulting #businessinsights

Proper Governance and Explainability are two topics that are commonly overlooked when employing AI in regulated industries like Finance. Deloitte Consulting's analysis makes the same mistake. While the report mentions "accountable" twice in slide 12, being able to discern quickly if the information provided is accurate should also considered.

🌐 AI's potential impact on the global economy is staggering, with an expected contribution of $15.7 trillion by 2030! As a forward-thinking IFA, are you ready to harness the power of AI for enhanced productivity and superior client services? Join us in exploring how AI is shaping the future of finance. Let's innovate together! 💡🤖 #AIinFinance #GlobalEconomy #FinancialAdvisers #IFANetwork #IndependentFinancialAdviser #FinancialAdviser #Finance #FinTech

Imagine closing your financial month not in days, but in hours. AI is turning this into reality. Finance teams are on the brink of a revolution. Traditionally, monthly closing involves tedious reconciliations, manual entries, and error checking that consume precious time. Enter AI. It's not just about automation; it's about intelligent automation that learns, adapts, and improves. AI is streamlining the most cumbersome processes in finance: - Automated reconciliations that spot and correct errors in real-time. - Predictive analytics that forecast cash flow trends, helping businesses prepare rather than react. - Fraud detection algorithms that work tirelessly behind the scenes to protect your assets. But here's the twist. The real magic happens when AI insights are combined with human expertise. It's this synergy that transforms data into strategic decisions. Imagine the possibilities when your finance team shifts from number crunchers to strategic advisors. The monthly close becomes a launchpad for insights, not just a reporting deadline. Let's discuss. How is AI reshaping your financial processes? What impact do you see on strategic decision-making? Share your thoughts below. Let's explore the future of finance together.

AI is accelerating finance function transformation. See this post for practical steps to help your organization become future-fit and AI-ready.

AI is accelerating finance function transformation. See this post for practical steps to help your organization become future-fit and AI-ready.

AI is accelerating finance function transformation. See this post for practical steps to help your organization become future-fit and AI-ready.