Fintech Innovations Redefining Decision-Making In Management Accounting: Real-Life Case Studies From India

Abstract

This article presents a comprehensive exploration of the transformative impact of fintech innovations on decision-making in management accounting, using real-life case studies from India. Fintech, the integration of financial services with advanced technology, has revolutionized the finance industry, including management accounting. By analyzing case studies from various industries in India, this article showcases how fintech solutions have redefined decision-making processes, improved efficiency and enhanced the effectiveness of management accounting practices. The case studies highlight the adoption of advanced analytics, machine learning and AI algorithms, enabling organizations to generate meaningful insights, automate tasks, streamline reporting and develop predictive models. The findings emphasize the opportunities and challenges associated with implementing fintech innovations in management accounting, underlining the importance of embracing technology to stay competitive in today’s datadriven business environment.