07/19/2023
When it comes to the potential of generative artificial intelligence in finance, particularly in accounting and financial reporting for large enterprises, there are numerous opinions and insights shared by consultants and vendors. These perspectives often highlight the various ways AI can be harnessed in this field. However, as is often the case, the advantage of being an early adopter typically rests with investors who utilize new technologies to gain insights into their balance sheets.
One noteworthy example is Bedrock AI, a startup that employs artificial intelligence to analyze financial disclosures and apply a machine-learned risk assessment tool. Kris Bennatti, the CEO of Bedrock AI, brings a unique perspective to the rise of AI in accounting and disclosure. With a background in data science, corporate governance, and CPA accreditation, Bennatti offers valuable insights into this evolving landscape.
In this episode of the Financial Executive Podcast, Ms. Bennatti discusses how AI can effectively navigate a world of "over-disclosure" and shares ideas on how the current financial reporting industry should adapt to embrace these advancements. You can listen to the podcast here: https://bit.ly/3oXEOQT.
