Guide

How to elevate finance value through Generative AI

How to elevate finance value through Generative AI

How to elevate finance value through Generative AI

Pages 12 Pages

Generative AI can elevate finance by automating low-value work and speeding close, planning, and reporting—if it’s embedded in a data-ready operating model. KPMG highlights five enablers: content/insight generators (reports, models, commentary), information extractors, smart chatbots, language translators, and code generators. Cross-functional use yields narrative-rich insights, predictive analysis, integrated data, automated workflows, and real-time dashboards. Risks (confidentiality, bias/hallucinations, IP, cyber, environmental, job shifts) require Responsible AI, governance, and upskilling. Strategy: align GenAI to finance transformation and TOM (governance, process, people, service delivery, tech, data) with strong data quality, architecture, and lineage.

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