Transforming Financial System Workflows: The Evolution from Data Entry to Intelligence Enabled by Artificial Intelligence

Dr Pankaj Kumar

Abstract


Artificial Intelligence (AI) is reshaping the landscape of financial system workflows, propelling the transition from mundane data entry tasks to intelligent, data-driven processes. This paper provides a comprehensive analysis of AI's profound impact on financial systems, elucidating how it streamlines operations, enhances decision-making, and fosters efficiency. Through an in-depth exploration, it unveils AI's role in automating routine tasks, fraud detection, risk assessment, and customer service within the financial sector. This research highlights AI's transformative potential in revolutionizing financial systems and unlocking new avenues for innovation.

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