Navigating Audit and Compliance: Order-to-Cash Automation with GenAI

The panelists explore the importance of meeting compliance standards while leveraging AI to improve efficiency, emphasizing the need for quality checks and intellectual honesty. They also discuss the potential of AI in assisting with compliance tasks, such as generating risk and control matrices, and highlight the significance of maintaining transparency and traceability in AI-driven processes to satisfy audit requirements.

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After watching, you will be able to: 

• Adapt the factors that should be considered when using AI technology for compliance and data privacy 
• Decide whether efficiency should be the priority when adopting AI technology into the business  
• Make use of prompts when using generative AI technology 
• Adapt controls to ensure AI technology can pass audit and compliance requirements
• Find out how an auditor can keep up with evolving compliance requirements

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