ARTIFICIAL INTELLIGENCE IN IMPROVING THE ACCURACY AND EFFICIENCY OF FINANCIAL DATA ENTRY AND TRANSACTION PROCESSING
Mr. C. Jayanth Kartik, Dr. Seema Balan
Department of MBA, Saveetha Engineering College, Chennai, Tamil Nadu
Abstract
Financial data entry and transaction processing are tasks in accounting, banking and financial management. Usually, people do these tasks by hand or with software systems. Doing it manually often causes mistakes, delays and problems especially when dealing with a lot of financial transactions.
With Artificial Intelligence getting organizations can now automate financial data entry and transaction processing. AI systems use methods, like machine learning, optical character recognition and automation to pull check and process financial data accurately.
This study looks at how Artificial Intelligence makes financial data entry and transaction processing more accurate and efficient. The research shows the advantages of AI in cutting down on mistakes speeding up data processing and helping make better financial decisions with financial data.
Keywords: Artificial Intelligence, Financial Data Entry, Transaction Processing, Machine Learning, Automation, Financial Technology.
Journal Name :
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EPRA International Journal of Research & Development (IJRD)
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Published on : 2026-03-26
| Vol | : | 11 |
| Issue | : | 3 |
| Month | : | March |
| Year | : | 2026 |