Chamber members and friends had an insightful session this morning with guest speakers Melissa-Anne Boschmans, Director of LanciaConsult and Lim Chun Seong, VP of Sales Asia, Jedox about the latest trends in automation and AI and how these technologies are revolutionizing the finance industry. Here are some key learning points:-

• AI-driven tools can help increase operational efficiency, improve forecasting accuracy and enhance data-driven decision making.
• AI can reduce compliance risks, detect early fraud transaction, and help in risk mitigation.
• AI may not be suitable for everyone. It is important to understand your own business and know if you have the right infrastructure and processes to be ready for AI.
• Personal judgement and evaluation remain essential because AI cannot replicate human judgement and may even create fake references.

Many thanks, once again, to Melissa-Anne and Chun Seong for their expert sharing, to LanciaConsult for its generous sponsorship and our audience for participating in the session.

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