ROLE OF ARTIFICIAL INTELLIGENCE IN FINANCIAL MANAGEMENT
Journal: SHODHKOSH: JOURNAL OF VISUAL AND PERFORMING ARTS (Vol.5, No. 6)Publication Date: 2024-06-30
Authors : Prajakta B Deshmukh; Poonam Nikam; Nilambari Moholkar;
Page : 541-557
Keywords : Artificial Intelligence; Financial Management; Finance Managers; Perceptions; Decision-Making; Risk Management;
Abstract
This research paper investigates the role of Artificial Intelligence (AI) in financial management, focusing on finance managers' perceptions and attitudes towards its application. Utilizing a quantitative research methodology, the study explores AI's impact on various facets of financial decision-making processes, risk management, and alignment with organizational goals. The findings reveal a positive perception among finance managers, affirming the significance of AI in revolutionizing financial management practices. Implications suggest the need for organizations to embrace AI technologies, invest in adoption, and promote continuous skill development among managerial staff. The research contributes to the evolving discourse on AI in financial management and sets the stage for future investigations into specific impact areas and challenges.
Other Latest Articles
- ROLE OF AUGMENTED REALITY AND VIRTUAL REALITY (AR/VR) IN CUSTOMER ENGAGEMENT
- ARTIFICIAL INTELLIGENCE IN FINANCIAL FORECASTING: TECHNIQUES AND APPLICATIONS
- ROLE OF INTERNET OF THINGS (IOT) IN REVOLUTIONIZING DIGITAL MARKETING
- UNDERSTANDING THE EFFECTIVENESS OF DIGITAL LEADERSHIP FOR DIGITAL TRANSFORMATION
- A STUDY ON FACTORS INFLUENCING THE EFFICIENCY OF HUMAN RESOURCES IN SELECTIVE NGOS AFTER IMPLEMENTING SHRM PRACTICES
Last modified: 2024-11-08 18:49:35