Tag : AI adoption

Despite Highly Manual Processes, Only 33% of Auditors Say They Use AI, Compared to 76% of Accounting and Finance Professionals
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Despite Highly Manual Processes, Only 33% of Auditors Say They Use AI, Compared to 76% of Accounting and Finance Professionals

Business Wire
by Business Wire0
A staggering 73% of auditors still spend more than half their time in spreadsheets, struggling with reconciliations, data extraction, and outdated workflows, according to new research by Trullion, an AI-powered accounting and audit platform. Despite the abundance of Excel-based, manual workflows, only 33% of auditors say they currently use AI.......
Artificial Intelligence Finance Fintech Guest Posts Machine Learning

AI and Machine Learning: Transforming FP&A into a Strategic Powerhouse

Mark Bodger
by Mark Bodger0
By Mark Bodger, Director at ICit Business Intelligence AI is not just a tool; it’s a transformative force that empowers finance professionals to be more strategic, efficient, and impactful. Financial planning and analysis (FP&A) professionals are the backbone of financial decision-making in businesses today, transforming complex financial data into actionable......
Wolters Kluwer Survey: AI Is Transforming the Office of the CFO; 70% of Finance Professionals Planning to Invest in AI Within the Next Five Years
Finance Fintech News

Wolters Kluwer Survey: AI Is Transforming the Office of the CFO; 70% of Finance Professionals Planning to Invest in AI Within the Next Five Years

Business Wire
by Business Wire0
AI adoption within the Office of the CFO is no longer a question of ‘if’ but ‘when’ and ‘how’ Wolters Kluwer, a global leader in information, software, and services for professionals, published a new research report: AI in Finance, from Skepticism to Optimism. The report explores adoption and sentiment related......
UserTesting Global Survey: 88% of Adults Prefer Human Assistance for Insurance Advice, but AI Interest is Rising
Artificial Intelligence Finance Fintech News

UserTesting Global Survey: 88% of Adults Prefer Human Assistance for Insurance Advice, but AI Interest is Rising

Business Wire
by Business Wire0
On a global basis, 10% of adults would rather sit in traffic than deal with insurance enrollment, but 37% are open to AI-powered advice in the future UserTesting, a SaaS leader in experience research and insights, today released findings from a global survey on consumer experiences with insurance and artificial intelligence......
Artificial Intelligence Banking Finance Fintech Guest Posts

8 Ways AI is Changing the Face of Accounting and Audit

Danielle Cheek
by Danielle Cheek0
By Danielle Supkis Cheek, VP, Head of Analytics & AI, Caseware Over the past few years, the accounting profession has seen the rise of AI as a powerful enabler. It’s already created significant efficiencies in accounting processes, and firms of all sizes are using AI in various forms as an......
Solix ECS Is First to Deliver Affordable, Enterprise-Grade, Intelligent Document Management for Accounting and Finance Teams
Artificial Intelligence Finance Fintech News

Solix ECS Is First to Deliver Affordable, Enterprise-Grade, Intelligent Document Management for Accounting and Finance Teams

PR Newswire
by PR Newswire0
Solix is Democratizing Access to Powerful Document Management and Processes with Cloud & AI for Enhanced Productivity, Security, and Compliance. Enterprise-grade document management is finally available to all. Solix Technologies, a global leader in cloud data management and AI solutions, is excited to announce the launch of Solix ECS – an......
OneStream Unveils a Portfolio of Purpose-Built AI Solutions; Announces Enterprise Finance AI Approach to Speed AI Adoption for the Office of the CFO
Artificial Intelligence Finance News

OneStream Unveils a Portfolio of Purpose-Built AI Solutions; Announces Enterprise Finance AI Approach to Speed AI Adoption for the Office of the CFO

GlobeNewswire
by GlobeNewswire0
OneStream Sensible GenAI, OneStream Sensible ML Scenario Modeling, OneStream Sensible AI Library launches with a New AI Category at OneStream Splash OneStream Software, the leading enterprise Finance management platform that modernizes the Office of the CFO by unifying core finance and operational functions, announced at OneStream Splash three purpose-built AI......
New Deloitte Survey Finds Expectations for Gen AI Remain High, but Many Are Feeling Pressure to Quickly Realize Value While Managing Risks
Artificial Intelligence News

New Deloitte Survey Finds Expectations for Gen AI Remain High, but Many Are Feeling Pressure to Quickly Realize Value While Managing Risks

PR Newswire
by PR Newswire0
Three-quarters of respondents expect Generative AI (Gen AI) to transform their organizations within three years Only a quarter of leaders believe their organizations are “highly” or “very highly” prepared to address governance and risk issues related to Gen AI adoption Only 47% agree that their organizations are sufficiently educating employees......
Regnology Accelerates Automation and AI Adoption Across Solution Set
Artificial Intelligence Fintech News

Regnology Accelerates Automation and AI Adoption Across Solution Set

Business Wire
by Business Wire0
Regnology, a software provider with a focus on regulatory reporting solutions, today unveiled two new product offerings, Rconnect and Regnology ChatBot. These innovative solutions mark a significant leap forward for the regulatory industry, leveraging automation and AI to unite regulated financial institutions and financial regulators on a single, streamlined communications......
Copyleaks Launches First-of-Its-Kind Generative AI Governance, Risk, and Compliance Solution Designed for Enterprise Use
Artificial Intelligence Compliance management News

Copyleaks Launches First-of-Its-Kind Generative AI Governance, Risk, and Compliance Solution Designed for Enterprise Use

Fintech News Desk
by Fintech News Desk0
The company expands its product portfolio with the only solution designed to identify generative AI-related risks, ensure organization-wide cyber compliance, and safeguard proprietary data Copyleaks, the leading AI-based text analysis, plagiarism identification, and AI-content detection platform,  announced the official launch of its Generative AI Governance, Risk, and Compliance (GRC) solution,......
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