# data[].attributes.body
1.Smarter

2.More Forward-looking

3.Better Alignment to Business

4.More Resilient

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All transactional finance processes will be fully automated in outsourced or captive finance factories. Hence, reducing the finance head count with teams on managing exceptions.

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How AI was used to transform audit?

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1. Netflix
2. Amazon
3. Uber
4. Autonomous Vehicles
5. Virtual Assistants
6. Google Translate
7. Robot Vacuum Cleaner
8. Social Media
9. Spotify

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The combination of finance data with external information will be done by future finance function as to help model and predict business outcomes, identifying the most profitable opportunities.

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There have 3 major AI elements in the field.

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There have 3 major AI elements in the field.

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i) Machine Learning
ii) Natural Language Processing
iii) Smart Robotics

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-Lots of data sets are being used as to allow the machine to "learn" from the data either under the conditions of supervised or unsupervised.
-Other ways which allow machines to emulate the human brain or enable AI models to learn like humans are Neural Networks and other techniques.

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-NLP which involving the machine interpreting, understanding after that generating written human language.
-Enable machines understand the underlying semantic meaning of the language.

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Much closer alignment and engagement with the business, with finance professionals spending are time working alongside key internal stakeholders, challenging their strategic plans and predicting different scenarios.

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How AI was used to transform audit?

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What is AI?         Augmented Intelligence

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What is AI?         Augmented Intelligence

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AI - evolution of technologies that can reason like humans. It emulates human performance through a taught process and learns over time to engage in natural dialog and execute on demand.
Augmented intelligence is an alternative conceptualization of artificial intelligence that emphasizing the fact that cognitive technology is designed to enhance human intelligence rather than replace it.

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-The combination of AI and Robots.
-Can perform advanced tasks compared to traditional robots which are non-intelligent.

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More focus on managing uncertainty through strategic risk management. Predictive analytics will be used as to investigate the implications of strategic decisions to plan for possible shocks and to manage the growing threat of cyber risk.