AI adoption across Finance functions achieves standout levels of ROI with usage only set to increase

  • 📰 theSundaily
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Media Outreach Newswire News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

71% of organisations are using AI in their finance operations

--> Financial reporting is the most common usage area – but this is widening out to include treasury management, risk management and tax

The research, published in the KPMG global AI in finance report, covered 2,900 organisations across 23 countries and built upon research conducted earlier this year across 1,800 organisations in 10 countries. A maturity framework was created to assess respondents into three AI-readiness groups: 24% of organisations qualify as Leaders, while 58% are middle ground Implementers, and 18% are Beginners.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 25. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

No hidden charges in RON97 and diesel pricing, says Deputy Finance MinisterSINGAPORE: A participant at the Standard Chartered Singapore Marathon (SCSM) 2024 died after finishing the race on Dec 1, said organisers in a social media post hours later.
Source: staronline - 🏆 4. / 75 Read more »

Sabah's Finance Minister Denies Receipt of RM300,000Datuk Seri Masidi Manjun, Sabah's Minister of Finance, denies receiving RM300,000, as alleged in whistleblower videos. He claims no knowledge of the funds and is willing to cooperate with investigations.
Source: UMonline - 🏆 27. / 51 Read more »

Sabah's Finance Minister Denies RM300,000 Bribe Claim in Whistleblower VideoDatuk Seri Masidi Manjun dismissed allegations of receiving a bribe of RM300,000, stating he was unaware of any such transaction. He welcomed an investigation by the authorities and offered full cooperation.
Source: UMonline - 🏆 27. / 51 Read more »