AI-Powered HR Finance: Transforming Workforce Management and Financial Strategies in the Digital Age

155 Pages Posted: 7 May 2025

See all articles by Rishikaysh Kaakandikar

Rishikaysh Kaakandikar

Saibalaji International Institute Of Management Sciences Pune; Zeal College of Engineering and Research

Date Written: December 24, 2024

Abstract

In today's rapidly evolving business environment, the integration of Artificial Intelligence (AI) in HR finance is reshaping traditional workforce and financial management practices. AI-powered HR finance leverages advanced technologies such as machine learning, predictive analytics, and automation to enhance decision-making, optimize talent management, streamline payroll and benefits administration, and drive strategic financial planning. This fusion of HR and finance through AI not only improves operational efficiency but also empowers organizations to make data-driven, future-ready decisions that foster employee well-being and organizational growth. The abstract explores how AI tools are revolutionizing key HR finance functions, addresses challenges such as data privacy and ethical considerations, and discusses the transformative potential of AI in creating agile, resilient, and inclusive workplaces. As businesses aim for sustainable success, AI-powered HR finance emerges as a critical driver of innovation, strategic alignment, and competitive advantage.

Suggested Citation

Kaakandikar, Rishikaysh, AI-Powered HR Finance: Transforming Workforce Management and Financial Strategies in the Digital Age (December 24, 2024). Available at SSRN: https://ssrn.com/abstract=5232351 or http://dx.doi.org/10.2139/ssrn.5232351

Rishikaysh Kaakandikar (Contact Author)

Saibalaji International Institute Of Management Sciences Pune ( email )

Lane No.B22 flat no.904Chandraabha Society Raikar
Pune City, Maharashtra 411041
India

Zeal College of Engineering and Research ( email )

07028085581 (Phone)
411041 (Fax)

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