174. Financial Transformation Live: The New Normal in Finance- Future-Proofing your Finance Team
CFO 4.0 - The Future of Finance
Evolution of Banking Systems and Impact of AI in Finance
The chapter delves into the changes in banking systems in Europe and the UK, focusing on the influence of open banking regulations on automated reconciliation processes. It explores the shift towards rule-based matching and the potential integration of AI for improved efficiency in financial operations. The discussion also covers the transition to real-time data entry, the role of AI in financial transformation, and the importance of interconnected systems and Business Intelligence tools for enhanced data analysis and reporting.
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