INTERNATIONAL JOURNAL OF ENGINEERING, SCIENCE AND - volume 13,issue 12, December 2024

Pages: 32-43
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Oracle Cloud Financials and Artificial Intelligence: Transforming Financial Management through Automation and Data-Driven Insights

Author: Uma Maheswara rao Ulisi

Category: Engineering, Science and Mathematics

Abstract:

As digital transformation accelerates across industries, financial management processes are increasingly leveraging artificial intelligence (AI) to enhance decision-making, streamline operations, and ensure compliance. Oracle Cloud Financials, a comprehensive suite of cloud-based financial management tools, integrates AI to provide businesses with cutting-edge capabilities in financial reporting, forecasting, and automation. This article explores the role of AI in Oracle Cloud Financials, highlighting how AI-driven technologies such as machine learning, natural language processing (NLP), and robotic process automation (RPA) are transforming key financial operations. By examining the functionalities, benefits, and challenges of implementing AI in Oracle Cloud Financials, this paper provides insights into how AI is reshaping the landscape of corporate finance.