To remain competitive, a company needs to have a clear vision of its expenses and control them rigorously. But to be effective, you also need the right tools! You need to choose tools that will give you a global view of your flows and that will enable you to make strategic decisions for your company.
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Financial risk management requires rigor and anticipation. As CFOs know, every grain of sand in the machinery has a cost, with varying degrees of impact on operations. Risk management is therefore a strategic challenge, particularly in a tense economic and geopolitical climate.
How can you limit the impact of internal or external factors and preserve your company’s financial equilibrium? Sound risk management involves identifying the main threats and defining an effective prevention policy.
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Is artificial intelligence a threat or a productivity lever for the finance sector? It’s hard to say, but in all likelihood, it is in the interests of finance professionals to include AI in their digital transformation process. By saving time and improving data reliability, finance departments can focus on analysis and decision-making.
But while most managers and boards of directors are convinced of the usefulness of AI, they sometimes find it difficult to determine how to implement it. In this article, we invite you to take a closer look at the concept of artificial intelligence as applied to accounting.
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