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AI and Business Process Optimization in Finance. 🤖 AI is optimizing business processes in finance! From automating routine tasks to enhancing risk management and forecasting, discover how AI is streamlining financial operations for greater efficiency. #ArtificialIntelligence #Finance #Automation #BusinessOptimization #TechInFinance

90% of finance functions will deploy AI-enabled technology by 2026 - Industry roundup: 13 September: #Treasury #Finance #AI #InterestRates #TMS #TreasuryPayments #Exports #Fintech #FundManagement #RealTimePayments #InstantDeposits #Cards

In the world of finance (let’s be honest - in every industry), AI is revolutionizing how we operate. With its ability to make tasks faster and more accurate, AI has become an integral resource in transforming the banking landscape.   AI enables financial institutions to provide efficient, personalized banking experiences, ensuring that every customer interaction adds value. From advanced fraud detection to autonomous payment processes, AI optimizes every facet of digital banking, producing superior results for customers.   Moreover, the combination of predictive and generative AI offers comprehensive financial analysis and scenario generation, providing clear pathways to business goals. This technology supports continuous optimization, enhancing everything from benchmarking against industry peers to risk modeling and supplier behavior analysis.   The future of digital banking is bright, and AI is at the forefront of this transformation. Gain extra insight about “The Future With Intelligent Finance” in the Forbes article below and let me know what stands out to you the most.   #LifeatNCRVoyix #DigitalBanking #FutureOfFinance   Link here:

AI is certainly not new to Kyriba... “AI is rapidly evolving and transforming how the finance industry works, and CFOs expect us to support their data and AI strategy,” said Greg Person, Senior Vice President Sales, Account Management and Alliances, of Kyriba. “Unlike others in the space, we’re able to increase predictability of cash, risk and liquidity decisions and drive new levels of liquidity performance for our customers because our platform is designed to leverage large data sets without interruption.” https://lnkd.in/eJs8TeTt

I had the honour of joining a panel at the 2025 SMB Accounting Event to discuss how AI is transforming the landscape of carbon accounting and ESG reporting. A huge thank you to SISS Data Services for hosting this event and to all the attendees for your insightful questions/engagement! AI has the potential to revolutionise carbon accounting and ESG reporting for SMBs. By automating routine tasks and providing data-driven insights, AI allows professionals to focus on strategic initiatives, enhancing both efficiency and accuracy. Our discussion delved into the dynamic intersection of AI, Open Banking, and ESG factors. With Open Banking facilitating secure data sharing with AI tools, we can now perform tasks such as: - Automated ESG Analysis: AI can assess a company's ESG performance, helping secure better funding and attract investors. - Data-Driven Lending: Analysing financials and ESG practices with AI enables lenders to make more informed decisions. - Personalised Financial Advice: Leveraging AI, we can offer personalised advice that considers both financials and ESG preferences. This event sparked a debate of sorts about the future (with plenty of crowd involvement/engagement)! As AI, Open Banking, and ESG continue to evolve, it's so important for everyone to stay informed and leverage these advancements while continuing to keep conversations open about the realistic threats and opportunities. #AI #CarbonAccounting #ESG #FintechAustralia #SMBs2025 #OpenBanking Also, a special thanks to my fellow panellists for their insights and engagement with the big topics! Lars Leber (Intuit QuickBooks Company), Chitra Andy Rajan (Microsoft), Rebecca Mihalic (businessDEPOT), and Grant Augustin (ACSISS by SISS Data Services). Your expertise and personal insights were great to hear! Thanks for the engaging chat!

Aspire, the all-in-one finance platform in Asia, has announced the launch of “Aspire AI,” an enhanced suite of AI-powered features designed to provide businesses with real-time analytics and streamline financial processes with smarter automation. This launch marks an advancement in Aspire’s commitment to improving business finance management solutions and driving innovation in the FinTech space. Aspire AI will enable businesses across Asia to leverage its AI-powered tools to lean into the untapped capabilities of their financial operations. “We aim to make financial management as easy and intuitive as possible for all types of businesses across Asia. Launching “Aspire AI” is a significant step towards achieving this goal,” said Andrea Baronchelli, Co-Founder and CEO of Aspire. “AI continues to be a critical driver for innovation, and by harnessing these technological capabilities,, we can provide companies with real-time financial insights, so founders & business owners can make faster and more informed business decisions, as compared to the past, where financial data may have taken several quarters to collate.” The newly launched “Aspire AI” includes key upgrades to Aspire’s analytics dashboard, allowing businesses to gain a bird’s-eye view across their finances to make …

Automation in Treasury and Finance: A Game Changer  Very interesting to read how automation is shaking up treasury and finance! 🙂🙂  With RPA and AI, companies are seeing huge boosts in accuracy, faster processing times, and happier employees. It’s amazing how automation can take over the boring tasks and help with better cash flow forecasting and risk management.  #Automation #FinanceTransformation #RPA #AI #BusinessEfficiency https://lnkd.in/dcpTFVBA

🎙️ "Hello LinkedIn community! Today, I want to share with you an exciting development in the world of corporate finance. I recently came across an article that discusses how artificial intelligence (AI) is revolutionizing cash flow management for corporate clients. This innovative AI-driven cash flow tool has the potential to reduce manual work by a staggering 90%! 💼 Cash flow management is a critical aspect of any business, and it often involves tedious and time-consuming manual processes. But with the advent of AI, these processes are being transformed, making them more efficient and accurate than ever before. This new tool harnesses the power of AI to automate cash flow forecasting, analysis, and reporting, freeing up valuable time for finance professionals to focus on strategic decision-making. 🔍 The article highlights how this AI-driven cash flow tool leverages historical data, market trends, and machine learning algorithms to generate accurate cash flow forecasts. By analyzing vast amounts of data in real-time, the tool can identify patterns and predict future cash flow scenarios with remarkable precision. This not only saves time but also enhances the accuracy of cash flow projections, enabling businesses to make informed financial decisions. 💰 The impact of this AI-driven tool goes beyond just saving time. By automating manual processes, it reduces the risk of human error and ensures consistency in cash flow management. This can have a significant positive impact on a company's financial health and stability. Moreover, the tool provides actionable insights and recommendations, empowering finance professionals to proactively address cash flow challenges and optimize working capital. 🌐 As we witness the rapid advancement of AI technology, it's crucial for finance professionals to embrace these innovations and leverage them to their advantage. By adopting AI-driven tools like this cash flow management solution, businesses can streamline their operations, improve financial performance, and stay ahead in today's competitive landscape. 🤔 I'm curious to hear your thoughts on this exciting development. Have you encountered any AI-driven tools in your industry? How do you think AI will continue to transform finance and other sectors? Let's start a conversation and share our insights! #AI #CashFlowManagement #FinanceInnovation #DigitalTransformation"

AI-powered automation is reshaping the finance industry! 📊 From faster data processing to reduced human errors, the benefits are immense. But along with efficiency gains come challenges like data security and adaptability. Balancing the benefits and navigating these challenges is key to a future-ready financial strategy! 💼✨ Read More 🌐 - https://lnkd.in/gMy3WJgM #FinanceAutomation #AIinFinance #FutureOfFinance #EfficiencyAndSecurity #InnovationInFinance #Techasoft

Revolutionizing Bank Reconciliation with Automation and AI Integration Bank reconciliation has always been a critical yet time-consuming process for accountants. Matching transactions between internal records and bank statements manually can lead to errors and delays. However, the integration of automation and AI is transforming this process, delivering significant improvements in both efficiency and accuracy. 1. Automated Data Matching Traditionally, accountants spend hours manually matching each transaction from bank statements with the general ledger. Automation tools now handle this task with speed and precision. By automatically syncing and matching transactions, these tools reduce manual intervention and eliminate errors caused by human oversight. This enables faster month-end closings and more reliable financial data. 2. AI-Powered Anomaly Detection AI enhances bank reconciliation by identifying discrepancies and anomalies. Through machine learning, AI systems can detect patterns in financial data and flag unusual transactions that may require further investigation. This proactive approach not only ensures greater accuracy but also helps prevent fraud and improves compliance with regulations. 3. Real-Time Reconciliation With the use of AI and cloud-based accounting software, bank reconciliation can now be done in real-time. Transactions are automatically categorized and reconciled as they occur, offering accountants an up-to-date view of cash flow and financial health. This real-time capability allows businesses to make informed decisions quickly and efficiently. 4. Learning from Past Data AI systems improve over time by learning from previous reconciliations. They adapt to transaction patterns, making future reconciliations even more accurate and faster. This machine learning capability ensures continuous improvement and customization to meet the specific needs of businesses. 5. Integration with ERP Systems Automation in bank reconciliation is further enhanced by integrating with ERP (Enterprise Resource Planning) systems. This integration allows for seamless data flow between financial modules, creating a more streamlined accounting process. Accountants can manage everything—from reconciliations to financial reporting—in one unified platform, reducing redundancies and the risk of errors. The Bottom Line Automation and AI in bank reconciliation not only reduce the time spent on manual tasks but also offer greater accuracy, fraud detection, and real-time insights. As businesses adopt these technologies, they can expect smoother financial operations, faster month-end close processes, and more reliable financial statements. 💡 Are you ready to transform your reconciliation process with AI and automation? #Accounting #Automation #AI #BankReconciliation #DigitalTransformation #FinTech #ERPIntegration #FinancialAutomation #MachineLearning #DataAnalytics #FinanceTech #BusinessGrowth #InnovationInFinance #RPA