The Integration of Artificial Intelligence in Financial Management
Pineda Tuesta, José (2025)
2025
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-202505069514
https://urn.fi/URN:NBN:fi:amk-202505069514
Tiivistelmä
The application of Artificial Intelligence (AI) in Financial Management has recently become an important topic of discussion because it has the potential to change the way that decisions are made. This thesis aims to identify the revolutionary effects of AI on financial management and how can improve the accuracy, efficiency and output of the analysis. The research uses a qualitative approach to collect data from survey conducted with financial experts.
The results indicate that AI enhances the accuracy and speed of data collection, minimizes errors and enhances the performance of other processes. However, the use of AI is not without some issues such as ethical concerns, data security and the need to build capacity of finance personnel. These challenges must be solved to enhance the application of AI in financial management.
The research adds to the existing literature by offering important findings on the actual application of AI in Financial Management. It prescribes guidelines that organizations can use to implement AI in their financial functions and advises that both advantages and disadvantages should be taken into consideration. The findings of this study show that AI has great potential to change the financial decision-making processes and define the future of Financial Management.
The results indicate that AI enhances the accuracy and speed of data collection, minimizes errors and enhances the performance of other processes. However, the use of AI is not without some issues such as ethical concerns, data security and the need to build capacity of finance personnel. These challenges must be solved to enhance the application of AI in financial management.
The research adds to the existing literature by offering important findings on the actual application of AI in Financial Management. It prescribes guidelines that organizations can use to implement AI in their financial functions and advises that both advantages and disadvantages should be taken into consideration. The findings of this study show that AI has great potential to change the financial decision-making processes and define the future of Financial Management.