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Should finance organizations bank on Generative AI?

CIO

In the finance and banking industry, however, organizations are seeking extra guidance on the best way forward. In the numerically based finance and banking industry, does generative AI have as much application potential? In the numerically based finance and banking industry, does generative AI have as much application potential?

Finance 835
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Certinia uses AI to accelerate finance functions for service companies

CIO

Certinia, a developer of software for service businesses, is using AI and automation to extend the capabilities of its tools for report-building or planning and analysis beyond the financial sphere and into operations, too. At Certinia he also oversees IT and finance, helped by another new appointment, CFO Erin Sawyer.

Finance 531
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NetSuite adds generative AI to its entire ERP suite

CIO

NetSuite is adding generative AI and a host of new features and applications to its cloud-based ERP suite in an effort to compete better with midmarket rivals including Epicor, IFS, Infor, and Zoho in multiple domains such as HR, supply chain, banking, finance, and sales.

IT 821
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5 use cases for how Generative AI can supercharge document productivity across the enterprise

CIO

Finance: Analyze reports and provide timely recommendations Adobe’s finance team spends hours each week on tasks like reading financial statements, earnings, and industry reports, summarizing recommendations for internal clients, creating reports and blogs based on their analysis and creating emails to update their colleagues.

Knowledge 691
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AI poised to replace entry-level positions at large financial institutions

CIO

For financial services in the short term, generative AI specifically will allow for further automation of financial analysis and reporting, enhancement of risk mitigation efforts, and optimization of financial operations, according to a report, The implications of generative AI in Finance , by consulting firm Deloitte.

Banking 898
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Atos staves off bankruptcy, casts wider net for refinancing

CIO

On Tuesday, Atos laid out its financing needs — €1.2 If it secures new financing, then it plans to invest in R&D and growth in Eviden’s digital services, cloud, digital security, and advanced computing activities. It set an initial deadline of April 26 for submissions, and said it hoped to reach an agreement by June 15.

Loss 658
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Capitalizing on technology budgets: A CIO’s story

CIO

The art of capitalizing on technology budgets Advice from finance leaders often casts a negative shadow on non-finance leaders in budget decisions and planning. They brought in Deloitte to evaluate the situation, which, after their analysis, recommended quite a bit of outsourcing.

Capital 405