So, you want your finance team to adopt AI. In this series, we previously shared tips on getting started with AI, and honing skills for AI prompting in finance. But it is equally important to understand the limitations of AI in its ability to interpret financial statements. AI tools like ChatGPT do have some notable limitations when it comes to interpreting financial statements, and it’s important to address how they interact with data such as financial PDFs.

So, you want your finance team to adopt AI. In this series, we previously shared tips on getting started with AI, and honing skills for AI prompting in finance. But it is equally important to understand the limitations of AI in its ability to interpret financial statements. AI tools like ChatGPT do have some notable limitations when it comes to interpreting financial statements, and it’s important to address how they interact with data such as financial PDFs.

Our prior article in this series was all about getting started with ChatGPT or Copilot. Now that you are equipped with the tools, we will learn about the art of AI prompting in finance.  While prompt engineering has little to do with the traditional world of engineering, it is a role that is widely regarded as one of the most sought-after skills for companies seeking to leverage the potential of AI. The role is crucial for ensuring that AI models yield dependable and applicable results.