Smart Financial Management Systems For Enhancing Corporate Resilience And Profitability
Author :
Dr. N. Kousalya, Dr. V. Renuka, Mrs. S. Anuvisalakshi, Dr. D. JansiJourna Name:
International Journal for Novel Research in Economics, Finance and Management Volume:
4 issue:4 Year:Volume-4-issue-4 Views : 94
Abstract:
Given the increasing level of uncertainty in economic environment, coupled with the fast-evolving technological advancements, there is a need for intelligent financial management systems that are resilient enough yet profitable at the same time. In this paper, a framework that uses Artificial Intelligence (AI), real-time analytics and multi-criteria decision making is presented to improve organizational financial resilience and profitability. Through various case studies and empirical findings from leading financial firms, a smart financial management system is proposed in this paper, which will incorporate predictive forecasting, automated treasury functions and adaptive risk management. Based on quantitative analysis of various organizational settings, AI-driven financial management system helps to increase decision-making process by 70%, decrease transaction cost by 30% and increase financial resilience scores by 40%.
APA:Dr. N. Kousalya, Dr. V. Renuka, Mrs. S. Anuvisalakshi, Dr. D. Jansi. (Volume-4, Issue-4 -(Year-Volume-4-issue-4)). Smart Financial Management Systems For Enhancing Corporate Resilience And Profitability. Retrieved from https://ijnrefm.com/wp-content/uploads/ijnrefm-volume4-issue4-171.pdf
Chicago:Dr. N. Kousalya, Dr. V. Renuka, Mrs. S. Anuvisalakshi, Dr. D. Jansi. "Smart Financial Management Systems For Enhancing Corporate Resilience And Profitability" Example, Volume-4-issue-4-Year-Volume-4-issue-4-3048-7722. https://ijnrefm.com/wp-content/uploads/ijnrefm-volume4-issue4-171.pdf.