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NP38 Applied AI in Accounting

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Why AI?

AI is revolutionizing the accounting industry by automating routine tasks, enhancing decision-making with predictive analytics, and improving compliance and fraud detection. Its urgency stems from the need to adapt to fast-changing regulatory environments and the demand for real-time financial insights.

For any professional in this sector, this playbook will get you started on this urgent and inevitable journey. Don’t miss out on the AI revolution – download the paper, read and apply.

YOU WILL LEARN:

  1. Automated transaction processing and bookkeeping.
  2. Real-time financial reporting and analysis.
  3. Fraud detection through pattern recognition.
  4. Predictive analytics for financial forecasting.
  5. AI-driven tax planning and compliance.
  6. Automated audit processes.
  7. Credit risk assessment using machine learning.
  8. Personalized financial advice based on data analysis.
  9. Optimization of cash flow management.
  10. Enhanced customer service with AI chatbots.

FREE RESOURCES:

(PDF, 2 pages, A4) This cheat sheet contains the main ideas from the paper, for your easy reference. Print it out on a double sided vertical A4, laminate and keep at hand for daily inspiration on AI.

To get started with AI, first do this:

  1. Assess and Prioritize Needs: Identify areas where AI can have the most significant impact.
  2. Build or Enhance AI Skills: Invest in training for your team to develop AI literacy and capabilities.
  3. Start Small with Pilot Projects: Implement AI in small, manageable projects to learn and iterate before scaling.
  4. Explore other resources on nextpaper.me and check out the book “Explain for me AI”.
  5. Please contact us at hello@nextpaper.me for further exploration or inspiration through a talk, workshop or case study. We’d love to help!
Silvija Seres

Silvija Seres

Mathematician & AI Investor
SILVIJA SERES - Mathematician and AI investor
I have worked with AI for more than 30 years in research, development and strategy. I am very interested in helping companies drive successful digital transformation and AI applications. If you find this interesting, please get in touch on hello@nextpaper.me

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