ACCELERATING GL ACCOUNT NORMALIZATION WITH GENERATIVE AI: A CASE STUDY IN FINANCIAL DATA TRANSFORMATION
Keywords:
Generative AI, Financial Data Consolidation, Enterprise Resource Planning, Cloud Computing, Machine LearningAbstract
This article comprehensively analyzes how Generative AI technology transforms financial data consolidation across multiple Enterprise Resource Planning systems. The article examines the evolution from traditional resource-intensive approaches to AI-driven solutions, highlighting significant improvements in processing efficiency, cost reduction, and accuracy. The article explores the technical architecture, including cloud computing integration, advanced language processing, and intelligent data normalization frameworks. Through extensive case studies and empirical evidence, the article demonstrates how AI implementation addresses challenges in multi-language processing, account harmonization, and system integration while maintaining high accuracy rates across various financial operations.
References
Mordor Intelligence, "Enterprise Resource Planning Market Size & Share Analysis - Growth Trends & Forecasts (2025-2030)," 2024. [Online]. Available: https://www.mordorintelligence.com/industry-reports/enterprise-resource-planning-market
Salman Bahoo et al., "Artificial intelligence in finance: a comprehensive review through bibliometric and content analysis," SN Business & Economics, Volume 4, article number 23, (2024). Available: https://link.springer.com/article/10.1007/s43546-023-00618-x
Sanjay Vijay Mhaskey, "Integration of Artificial Intelligence (AI) in Enterprise Resource Planning (ERP) Systems: Opportunities, Challenges, and Implications," ResearchGate, December 2024. Available: https://www.researchgate.net/publication/387667312_Integration_of_Artificial_Intelligence_AI_in_Enterprise_Resource_Planning_ERP_Systems_Opportunities_Challenges_and_Implications
Muhammad RIfqi Yudi Hidayat et al., "The Impact of Artificial Intelligence (AI) on Financial Management," ResearchGate, January 2024. Available: https://www.researchgate.net/publication/377958203_The_Impact_of_Artificial_Intelligence_AI_on_Financial_Management
Krishna Rao Vemula, "Native Cloud Applications: A Comprehensive Analysis of Advantages, Challenges, and Use Cases in Modern IT Infrastructure," International Journal of Computer Engineering and Technology (IJCET), Volume 16, Issue 1, Jan-Feb 2025, pp. 1253-1264. Available: https://iaeme.com/MasterAdmin/Journal_uploads/IJCET/VOLUME_16_ISSUE_1/IJCET_16_01_095.pdf
Eben Charles et al., "Natural Language Processing (NLP) for Financial Text Analysis," ResearchGate, November 2024. Available: https://www.researchgate.net/publication/385860012_Natural_language_processing_nlp_for_financial_text_analysis
Esmat Almustafa et al., "Implementation of Artificial Intelligence for Financial Process Innovation of Commercial Banks. Revista De Gestão Social E Ambiental, 17(9), e04119. Available: https://rgsa.openaccesspublications.org/rgsa/article/view/4119
Beatrice Adelakun, "AI-Driven Financial Forecasting: Innovations and Implications for Accounting Practices," ResearchGate, December 2023. Available: https://www.researchgate.net/publication/381465681_AI-DRIVEN_FINANCIAL_FORECASTING_INNOVATIONS_AND_IMPLICATIONS_FOR_ACCOUNTING_PRACTICES
Aayush Chavan et al., "A Quantitative Study of Enterprise Resource Planning (ERP) System and its Applications," International Journal For Research in Applied Science and Engineering Technology, 2023-05-21. Available: https://www.ijraset.com/research-paper/a-quantitative-study-of-enterprise-resource-planning-system-and-its-applications
David Ajiga et al., "Review Of AI Techniques in Financial Forecasting: Applications in Stock Market Analysis," ResearchGate, February 2024. Available: https://www.researchgate.net/publication/378297354_REVIEW_OF_AI_TECHNIQUES_IN_FINANCIAL_FORECASTING_APPLICATIONS_IN_STOCK_MARKET_ANALYSIS