journal article
Open Access
Aug 02, 2024
Unlocking Business Value: Integrating AI-Driven Decision-Making in Financial Reporting Systems
Abstract
This research article investigates the synergies between artificial intelligence (AI), digital transformation (DT), and financial reporting systems within the business context. The central theme explores how organizations enhance their decision-making processes by integrating AI technologies into digital transformation initiatives, particularly in financial reporting. The focal point is comprehending how the synergy of these integrated systems can unlock substantial business value, instigate strategic innovation, and elevate overall financial analytics through the adoption of intelligent, data-driven decision-making methodologies. By harnessing advanced analytics, automation, and adaptive decision support capabilities, organizations navigate the complexities of a rapidly evolving business environment, in which neural networks emerge as a valuable tool for calibrating outcomes in the financial accounting environment, demonstrating effectiveness in processing complex financial data, identifying patterns, and making predictions, ushering in a new era of transformative possibilities. The introduction of a game theory payoff matrix in this AI decision-making tool adds a strategic framework for analyzing interactions among decision-makers, considering strategic choices and outcomes in a dynamic and competitive context.
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Metrics
19
Citations
34
References
Details
- Published
- Aug 02, 2024
- Vol/Issue
- 13(15)
- Pages
- 3069
- License
- View
Authors
Cite This Article
Alin Emanuel Artene, Aura Emanuela Domil, Larisa Ivascu (2024). Unlocking Business Value: Integrating AI-Driven Decision-Making in Financial Reporting Systems. Electronics, 13(15), 3069. https://doi.org/10.3390/electronics13153069
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