Introduction to GenAI in Finance & Accounting Artificial Intelligence has been making waves across industries, but 2025 marks a defining year for Generative AI (GenAI) in the world of finance and accounting. Imagine a digital co-worker who can prepare your balance sheets, detect anomalies, predict future revenue, and even write your audit reports—all in seconds. That’s GenAI. Finance teams are leveraging GenAI not just for automation but for strategic intelligence , reshaping how organizations manage money, mitigate risk, and plan for the future. The Evolution of AI in Finance Gone are the days when AI was just a glorified calculator. Earlier systems could automate data entry or reconcile bank statements—but now, GenAI understands context, writes narratives, and even generates complex financial models. In 2025 , this evolution has reached a point where AI can interpret financial data, draft reports, and provide real-time insights without human intervention. How GenA...
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