International Journal For Multidisciplinary Research

E-ISSN: 2582-2160   •   Impact Factor: 9.24

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

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AI in Financial Strategy: Continuous Monitoring for Enhanced Profitability

Author(s) Neeraj Kripalani
Country United States
Abstract This article investigates the transformative impact of Artificial Intelligence (AI) in financial strategy through continuous monitoring systems designed to enhance organizational profitability. The article examines how AI-driven solutions analyze spending patterns, optimize resource allocation, and improve decision-making processes across various organizational contexts. Through comprehensive analysis of historical financial data and implementation of advanced machine learning algorithms, this research demonstrates significant improvements in cost reduction and budget optimization. The article reveals that organizations implementing AI-driven financial monitoring systems achieve substantial reductions in operational costs, enhanced accuracy in spending categorization, and improved financial decision-making capabilities. The article presents a systematic framework for implementing AI-based financial monitoring systems, including detailed methodologies for pattern recognition, expenditure analysis, and resource utilization assessment. Additionally, it explores the practical implications of AI integration in financial strategy, addressing both the opportunities and challenges organizations face during implementation. The article contributes to the growing body of knowledge on AI applications in financial management by providing actionable insights for organizations seeking to leverage artificial intelligence for improved financial performance and strategic decision-making.
Keywords Keywords: AI-Driven Financial Monitoring, Machine Learning in Finance, Predictive Budget Optimization, Automated Expenditure Analysis, Financial Resource Allocation Intelligence
Field Computer
Published In Volume 6, Issue 6, November-December 2024
Published On 2024-12-01
Cite This AI in Financial Strategy: Continuous Monitoring for Enhanced Profitability - Neeraj Kripalani - IJFMR Volume 6, Issue 6, November-December 2024. DOI 10.36948/ijfmr.2024.v06i06.32154
DOI https://doi.org/10.36948/ijfmr.2024.v06i06.32154
Short DOI https://doi.org/g8tgqd
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