UNIPaaS’ Post

I had the honour of joining a panel at the 2025 SMB Accounting Event to discuss how AI is transforming the landscape of carbon accounting and ESG reporting. A huge thank you to SISS Data Services for hosting this event and to all the attendees for your insightful questions/engagement! AI has the potential to revolutionise carbon accounting and ESG reporting for SMBs. By automating routine tasks and providing data-driven insights, AI allows professionals to focus on strategic initiatives, enhancing both efficiency and accuracy. Our discussion delved into the dynamic intersection of AI, Open Banking, and ESG factors. With Open Banking facilitating secure data sharing with AI tools, we can now perform tasks such as: - Automated ESG Analysis: AI can assess a company's ESG performance, helping secure better funding and attract investors. - Data-Driven Lending: Analysing financials and ESG practices with AI enables lenders to make more informed decisions. - Personalised Financial Advice: Leveraging AI, we can offer personalised advice that considers both financials and ESG preferences. This event sparked a debate of sorts about the future (with plenty of crowd involvement/engagement)! As AI, Open Banking, and ESG continue to evolve, it's so important for everyone to stay informed and leverage these advancements while continuing to keep conversations open about the realistic threats and opportunities. #AI #CarbonAccounting #ESG #FintechAustralia #SMBs2025 #OpenBanking Also, a special thanks to my fellow panellists for their insights and engagement with the big topics! Lars Leber (Intuit QuickBooks Company), Chitra Andy Rajan (Microsoft), Rebecca Mihalic (businessDEPOT), and Grant Augustin (ACSISS by SISS Data Services). Your expertise and personal insights were great to hear! Thanks for the engaging chat!

A spate of advances in databases, data processing, analytics and tools addressing the user experience as well as the application of artificial intelligence will free up much of the time now required by unproductive manual processes. #Intacct #Sageintacct #cloudaccounting #erpsolution

In the world of finance (let’s be honest - in every industry), AI is revolutionizing how we operate. With its ability to make tasks faster and more accurate, AI has become an integral resource in transforming the banking landscape.   AI enables financial institutions to provide efficient, personalized banking experiences, ensuring that every customer interaction adds value. From advanced fraud detection to autonomous payment processes, AI optimizes every facet of digital banking, producing superior results for customers.   Moreover, the combination of predictive and generative AI offers comprehensive financial analysis and scenario generation, providing clear pathways to business goals. This technology supports continuous optimization, enhancing everything from benchmarking against industry peers to risk modeling and supplier behavior analysis.   The future of digital banking is bright, and AI is at the forefront of this transformation. Gain extra insight about “The Future With Intelligent Finance” in the Forbes article below and let me know what stands out to you the most.   #LifeatNCRVoyix #DigitalBanking #FutureOfFinance   Link here:

The financial services industry represents 93% of the industries at the forefront of digital-first strategies, according to the AI Multiple report. In our new post, we’re discovering the key challenges that prevent businesses in the financial industry from digital transformation and key elements that drive its digital growth. Tune in: https://lnkd.in/dRHrJt8X #digitaltransformation #finance #financeindustry #digitaltransformationfintech

According to new Finance Key Issues research from The Hackett Group, Inc. Cost containment and cash flow optimization have jumped to the top of the priority list for finance leaders for 2024, - Digital transformation remains a top five priority for finance in 2024 - Technology investments are one area where spending will increase in 2024, driven by digital transformation and efforts to implement artificial intelligence (AI) and generative AI (Gen AI). -   Finance leaders continue to focus on digital transformation, using technology investments to reduce costs and create new capabilities. -    Net adoption growth rates for both core and emerging finance technologies are expected to be strong in 2024, with the greatest growth in areas such as business process management (18%), virtualized data platforms (15%), digital workforce enablement tools (13%) and robotic process automation (13%). Gen AI growth of 9% is expected, with 41% of companies expecting to implement pilots or small-scale deployments.

Explore the top 11 AI finance tools of 2024 that are transforming businesses, from Sage Intacct to Vena, tailored for every financial need and size. #FinanceTech #AI #BusinessGrowth #banking #news #finance https://lnkd.in/eF5s5kXK

I think, no matter what, in government technology for finance departments, there will be some aspects that can't be automated, but not everything needs to be automated, he said, underlining the value of human insight in certain areas, but also noting that certain automations can help make processes more efficient and for a low cost

AI and machine learning in modern debt tracking software enable predictive analytics to forecast debtor behavior and optimize recovery strategies. These technologies automate routine tasks, such as sending reminders and updating records, improving efficiency and accuracy. Additionally, AI-driven insights help identify high-risk accounts early, allowing for proactive intervention and better resource allocation. https://lnkd.in/gkXCWaVy #debt collection software #credit collection software #recovery agency software

I’m sure that you’ll agree that companies require increasing flexibility and agility to compete in today’s fast-changing markets. AI is enabling the rapid transformation of global sectors like travel and I believe it is merely a tool that can be leveraged to simplify processes. That isn’t to say there aren’t considerations of its limitations. I share my views on how AI can support financial transformation processes in this article in Global Banking & Finance Review. Have a read and let me know your thoughts. https://lnkd.in/dHvdtquG