Paradigm Shift in Maintaining Financial Transaction Controls by Leveraging AI and ML Rules in PPM, EDMCS and OIC
Thursday, June 20, 2024 09:45 AM - 10:45 AM
PDT
Milano VII (Promenade Level)
Cloud ERP
Business Use Case
All Industries, Technical/Functional
Associate / Partner, Lecture
ERP Financials
On the financial technology stage, the Chart of Accounts commands attention, ensuring a daily spectacle to navigate fiscal challenges in the dynamic world of data. Our automated solution seamlessly leverages AI and ML to manage vast datasets, transforms and integrates Project Information into Oracle PPM, EDMCS, and GL, enhancing COA processes and orchestrating a seamless period-end closure. The abstract unveils the rise of automation, with AI and ML refining PPM, EDMCS, and GL processes. Automation takes center stage, boosting financial reporting accuracy, ensuring compliance, and reshaping GL operations. The abstract is your pass to a judicious automation performance, highlighting ethical frameworks for clear, equitable, and accountable decision-making in the realm of data delights.
Learning Objective 1: How to design AI and ML capability to provide restrictive control on accounting transactions.
Learning Objective 2: How to have a two-way anchor on a solution where project is in accounting flexfield.
Learning Objective 3:Leverage of EDM and OIC for automating accounting flexfield maintenance within Oracle Cloud and building API for third party applications to use and comply with accounting guard rails.
