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Gartner® Report - Target High-Impact Use Cases With The Finance AI Opportunity Radar

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The MindBridge AI™ PlatformContinuous oversight across all financial transaction risk.

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How to stay out of the headlines: finding accounting irregularities before they become front-page news
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Unleashing the power of AI: MindBridge's innovative approach to anomaly detection
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AI-POWERED USE CASES

MindBridge for
Manual Journal Entries

Cut hours of review time by automating the detection of risky journal entries to focus on what matters most.

Form actionable insights to transformative outcomes

Unusual Entries

Inadequate Supporting Documentation

Incorrect Account Coding

Duplicate Journal Entries

High Volume of Reversals

Unauthorized Entries

Incorrect Accruals

Recurring Entry Inefficiencies

Enhanced Controls

Frequent Manual Corrections

Unusual Entries

Reduced risk of fraud or errors by flagging and investigating high-risk manual journal entries.

Inadequate Supporting Documentation

Reduced compliance costs by ensuring all journal entries are properly supported.

Incorrect Account Coding

Improved financial reporting accuracy in top and bottom line and reduction of costs associated with rework.

Duplicate Journal Entries

Prevention of overstated expenses or understated revenues.

High Volume of Reversals

Reduced costs associated with rework by identification and resolution of root cause.

Unauthorized Entries

Reduced risk of cost associated with fraud and non-compliance.

Incorrect Accruals

Improved cash flow management by ensuring accurate recognition of expenses and revenues, avoiding over/under accruals.

Recurring Entry Inefficiencies

Reduced operational costs by automating or streamlining repetitive manual journal entries.

Enhanced Controls

Reduction in costs associated with execution and audit of redundant manual controls.

Frequent Manual Corrections

Reduced costs and operational inefficiencies by addressing root causes of errors requiring repeated manual adjustments.

Browse all products

Accounts Payable

Uncover insights, prevent errors, and optimize spend with AI-driven accounts payable analysis

Continuous Monitoring

Stay ahead of risk with real-time AI analysis that continuously monitors transactions for anomalies and control gaps

Expense Management

Gain clarity and control with AI that analyzes expenses to detect waste, enforce policy, and optimize spending

External Audit

Enhance audit quality and efficiency with AI that uncovers risk, anomalies, and insights across your client data

Financial Reporting

Empower smarter decisions with AI that analyzes financial reports for trends, anomalies, and actionable insights

Margin Analysis

Boost profitability with AI that pinpoints margin drivers, detects anomalies, and uncovers hidden cost trends

Revenue Management

Maximize revenue and spot leakage fast with AI that analyzes trends, anomalies, and billing accuracy at scale

Featured resources

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The need to prioritize integrity in developing AI applications

Blog

The need to prioritize integrity in developing AI applications

The emergence of artificial intelligence (AI)-enabled applications have the potential for societal disruption, especially with the advent of generative AI…

Beyond the buzzwords: How AI delivers tangible ROI for finance and audit

Blog

Beyond the buzzwords: How AI delivers tangible ROI for finance and...

Key considerations for AI in finance: Data security & privacy

Blog

Key considerations for AI in finance: Data security & privacy

Revolutionizing accounting oversight: MindBridge’s next-generation anomaly detection

Blog

Revolutionizing accounting oversight: MindBridge’s next-generation anomaly detection

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