Enhancing Financial Monitoring and Reporting with Artificial Intelligence
Keywords:
Artificial Intelligence, Financial Monitoring, Financial Reporting, Machine Learning, AutomationAbstract
The articulation of Artificial Intelligence (AI) which is being used to control financial monitoring and reporting has been a change of the typical habits, now giving more results, certainty, and more excitability. This study aims to shed light on the role of artificial intelligence in financial management, focusing on how they revolutionize monitoring and reporting. A combination of the latest technology and the proven facts of the survey we carried out is the basis of this study. It outlines the very effective application of AI-based tools in spotting and hence accurate prognosis of some trends as well as two-dimensional operation by the introduction of automation. As a result of the focus on AI capabilities, time-consuming and tedious tasks are eliminated. Besides anomalies and trends, proper handling of this data without human involvement is another significant capability. The benefits and costs of AI adoption in organizations are illustrated in detail in the study. Clearly, this enhanced financial reportage and compliance show that AI contributes to the further improvement of finance despite the fact that there are still problems concerning the data quality and the transparency of algorithms. The research completes with the suggestion for the best use of AI integration in financial contexts.
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Copyright (c) 2025 Journal of Economics and Political Sciences
This work is licensed under a Creative Commons Attribution 4.0 International License.
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Accepted 2025-04-07
Published 2025-05-27
