Why you should use AI in the Financial Industry and focus on value-added activities Expert System

The interest in Artificial Intelligence (AI) is constantly growing, especially in industries characterized by repetitive processes and manual tasks. One benefit of the effective application of AI is that humans, freed from these repetitive tasks, are able to focus on higher-value activities. This is clear to the 41% of decision makers who are using cognitive and AI tools in their business, according to a recnet a Forrester survey, "TITLE," as shown in Figure 1. In fact, many decision makers consider the technological progression to AI a major priority and already understand the potential of AI for their business. Automation is an opportunity for financial industry, where AI can reduce the efforts of finance professionals in traditional activities such as transaction processing, auditing and compliance.