Data management

While there are powerful technology solutions available to professionals today, especially AI-based ones, none will perform their best without strong data sources paired with a robust governance framework.

Finance leaders have progressed beyond reactive reporting toward proactive decision-making, making master data quality a fundamental strategic advantage.

The era of the "Single Version of Truth" as the only acceptable standard is over. Finance must adopt a toolkit of approaches.

Data has become one of the most valuable assets a company can own. Without data, AI systems would lack the foundation needed to learn, adapt, and generate meaningful insights.

As AI works its way into more and more business processes, it has become increasingly important for auditors to understand where, why, when and how organizations use it and what impact it is having.

With rapid changes in technology, a state-of-the-art piece of equipment can become a doorstop in just a few months.

To prepare for a gen AI-driven future, businesses must maintain impeccable, validated and standardized investment data.

Here's how to go beyond routine process automation and apply strategies that bolster efficiency, autonomy and value.

There has been a revolution in data accessibility over the past 40 years, and it's creating major opportunities for accountants.

Cybercriminals are constantly devising new ways to infiltrate your systems, putting your client's confidential information at risk.

As e-commerce continues to reshape business, accounting firms and bookkeepers must understand how these platforms control the movement of funds.

Accountants are known to be "good with numbers," but that doesn't mean they enjoy entering the same data repeatedly into different systems.

The contract will provide development support to two mission-critical systems at the agency.

The trend toward digitization of government data has been affirmed as a priority by the passage of recent legislation.

While people seem to have concerns about the rise of generative AI and the risks it presents, people are still using it and trusting its answers.

To successfully navigate day two and beyond with lease contracts, organizations must move past manual processes and spreadsheets and instead implement lease accounting software solutions.

Ultimately, ChatGPT can help teams improve, not replace them, and that's a critical distinction that too often gets buried in the hype.

Plus, Boast AI unveils universal data ingestion feature; and other news and updates from the accounting technology arena.

The top firms have a major advantage over others when it comes to building generative AI models: Massive amounts of financial and business data.