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How generative AI can help finance and accounting professionals

IBM Journey to AI blog

Though it may feel futuristic, advancements such as generative AI and conversational AI technology can benefit Finance & Accounting (F&A) now. AI technology enables finance professionals to focus on higher-value activities, such as strategic planning and analysis, instead of manual and transactional activities.

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Dynatrace: Organisations embrace AI, yet face challenges

AI News

AI has become central to how organisations drive efficiency, improve productivity, and accelerate innovation,” said Bernd Greifeneder, Chief Technology Officer at Dynatrace. The release of ChatGPT late last year triggered a significant generative AI hype cycle.

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Financial services introducing AI but hindered by data issues

AI News

According to research by EXL , around 89 percent of insurance and banking firms in the UK have introduced AI solutions over the past year. million in AI over their last fiscal year. Their focused approach has allowed them to efficiently leverage AI for cost-cutting, outperforming early AI adopters by 23 percentage points.

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IPPR: 8M UK careers at risk of ‘job apocalypse’ from AI

AI News

The report identifies two key stages of generative AI adoption. Indeed, some occupations could be hard hit by generative AI, starting with back office jobs. Explore other upcoming enterprise technology events and webinars powered by TechForge here. million jobs lost with no GDP gains Central case: 4.4

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LLMOps for Your Data: Best Practices to Ensure Safety, Quality, and Cost

Speaker: Shreya Rajpal, Co-Founder and CEO at Guardrails AI & Travis Addair, Co-Founder and CTO at Predibase

Putting the right LLMOps process in place today will pay dividends tomorrow, enabling you to leverage the part of AI that constitutes your IP – your data – to build a defensible AI strategy for the future.

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How to improve your finance operation’s efficiency with generative AI

IBM Journey to AI blog

As you encounter new generative AI solutions and unique AI foundation models for F&A, you may find yourself overwhelmed by all the options. What is generative AI, what are foundation models, and why do they matter? Figure 3 highlights ancillary benefits that conversational AI technology provides.

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Balancing AI: Do good and avoid harm

IBM Journey to AI blog

.” However, sometimes AI requires clear guardrails before one can agree with “good.” Business leaders are eager to redesign their business strategies to better serve customers, patients, employees, partners or citizens more efficiently and improve the overall experience.