The Role of Artificial Intelligence in Enhancing Financial Decision-Making and Administrative Efficiency: A Systematic Review

Abstract

This paper explores the impact of Artificial Intelligence (AI) on financial decision-making and administrative efficiency, focusing on applications such as predictive analytics, machine learning, and Robotic Process Automation (RPA). AI is revolutionizing financial processes by enhancing risk assessment, fraud detection, and portfolio management, while streamlining administrative tasks to enhance overall organizational productivity. Through case studies, we examine real-world AI integration examples across various sectors, highlighting improvements in decision-making speed, accuracy, and operational cost-effectiveness. Additionally, we address critical challenges related to data privacy, security, and ethical considerations. Our findings provide insights into current trends and the potential of emerging AI technologies to drive innovation and strategic growth in finance and administration.