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Using GenAI in Finance 

How to make financial internal control more engaging and understandable for employees? First, modern technologies capture attention and interest, for example the usage of GenAI attracts the best talent to the company. Secondly, offering solutions like a conversational assistant provides employees with an easy and effective way to find precise information in lengthy documents, making the daily jobs easier for financial analysts in accounting and other functions within global finance.

A concrete example can be the Finance Assistant Chatbot developed by Schneider Electric, winner of the 2024 Digital Finance Awards by Future of Finance in the Innovation category, which helps to achieve consistent, compliant, and timely decision-making. 

In this episode of the AI at Scale podcast, Natalya Philogene, Head of Internal Control at Schneider Electric, describes how using a finance chatbot transformed the work of her team, and inspired them to drive more innovation. Next, she shares insights about the development of this solution, first reactions, ways to ensure adoption, and achievements. She highlights that collaboration between domain experts and AI experts is the key. Moreover, adoption monitoring, continuous improvement and accessible training is what makes those solutions work at scale. 

Listen to the AI at Scale podcast

Listen to Natalya Philogene: GenAI: your new finance mate episode. Subscribe to the show on the preferred streaming platform (Apple Podcasts, Spotify). 

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• Visit our AI at Scale website to discover how do we transform energy management and industrial automation with artificial intelligence technologies to create more sustainable solutions.  

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AI at Scale Schneider Electric podcast series continues! 

The first Schneider Electric podcast dedicated only to artificial intelligence is available on all streaming platforms. The AI at Scale podcast invites AI practitioners and AI experts to share their experiences, insights, and AI success stories. Through casual conversations, the show provides answers to questions such as: How do I implement AI successfully and sustainably? How do I make a real impact with AI? The AI at Scale podcast features real AI solutions and innovations and offers a sneak peek into the future.