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Article . 2025
License: CC BY
Data sources: Datacite
ZENODO
Article . 2025
License: CC BY
Data sources: Datacite
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The Role of Artificial Intelligence in Enhancing Financial Decision-Making: A Case for AI-Integrated ERP Systems

Authors: Sokunbi Ayodeji Julius;

The Role of Artificial Intelligence in Enhancing Financial Decision-Making: A Case for AI-Integrated ERP Systems

Abstract

Abstract: The evolution of Enterprise Resource Planning (ERP) systems in accounting has profoundly impacted how businesses manage financial data, streamline operations, and achieve strategic goals. From their inception as standalone financial tools to becoming integrated platforms that support a range of business processes, ERP systems have continually adapted to meet the changing needs of organizations. This paper explores the historical development of ERP systems, emphasizing their role in digitalizing accounting functions and integrating with other business modules. It also examines the challenges faced in adopting ERP solutions, such as high costs, complexity, and resistance to change, while highlighting emerging technologies like blockchain, IoT, and AI that are shaping their future. The study concludes with insights into the potential of ERP systems to redefine accounting practices through innovation and enhanced connectivity, aligning with broader digital transformation initiatives. Keywords: ERP systems, Accounting, Digitalisation, Integration, Blockchain, Future directions. Title: The Role of Artificial Intelligence in Enhancing Financial Decision-Making: A Case for AI-Integrated ERP Systems Author: Sokunbi Ayodeji Julius International Journal of Novel Research in Marketing Management and Economics ISSN 2394-7322 Vol. 12, Issue 1, January 2025 - April 2025 Page No: 24-33 Novelty Journals Website: www.noveltyjournals.com Published Date: 27-February-2025 DOI: https://doi.org/10.5281/zenodo.14937792 Paper Download Link (Source) https://www.noveltyjournals.com/upload/paper/The%20Role%20of%20Artificial%20Intelligence-27022025-3.pdf

Keywords

Digitalisation, Blockchain, ERP systems, Future directions, Accounting, Integration

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citations
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
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