Artificial Intelligence at Oracle - Two Current Use-Cases

By bringing AI to the financial close process, Oracle claims that users can explore larger datasets in less time and waste fewer resources on mundane, repetitive tasks. Those time and resource savings could be used to allow employees in corporate finance teams and beyond to focus more on the strategic outputs of their jobs. Oracle hopes that bringing AI automation to up to 96% of transactions will result in much less time lost in the monthly race to move from the trial balance to the signing off of consolidated financials.