Over the past decade, audit, risk, and compliance functions have undertaken digital transformation to align and optimize efforts to help their organizations become more resilient and sustainable. At the same time, these transformations must serve the second purpose of helping to reduce the administrative burden and manual tasks historically plaguing audit, risk, and compliance teams with already limited resources.
Artificial intelligence (AI) will play a critical role in helping teams support both objectives simultaneously — building more resilient organizations while getting more done with less effort.
AuditBoard’s new guide, AI’s Bright Future in Audit, Risk and Compliance: Exploring AI’s Transformative Impact, Use Cases, and Risks, examines how delivering these outcomes requires more than simply normalizing and integrating data, processes, and workflows. It demands connecting data across functions, uncovering trends as they happen, and proactively surfacing actionable issues, risks, and insights.
Download the full guide to learn:
- How recent advances in generative AI are creating new opportunities for audit, risk, and compliance teams.
- The scope and nature of these opportunities, including sample use cases.
- How data-driven AI and recommendations can help organizations drive efficiency and improve cross-functional coordination and visibility.
- The basics of how generative AI outputs are created and optimized.
- Risk management essentials for reducing generative AI risk.
