AI Algorithm

tl;drAn AI algorithm is the set of rules and calculations an AI system uses to analyze data, recognize patterns, and produce a decision or output.

In finance, an AI algorithm might score the likelihood that an invoice is fraudulent, predict a customer's payment date, or decide how a transaction should be coded.

The algorithm is only as good as what it's trained or configured on, which is why finance teams evaluating AI accounting tools should ask not just what the algorithm claims to do, but what data and controls sit behind it.

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