Finance AI Redefines Efficiency with Transparency
As the finance sector continues to evolve, traditional automation methods are no longer sufficient for CFOs and CIOs seeking to modernize their operations. The need for transparency and explainability has become paramount, driving the adoption of AI systems that can reason and provide insights, rather than just compute. This shift is exemplified by Basis, a US-based startup that leverages OpenAI’s GPT-4.1 and GPT-5 models to develop AI agents capable of automating structured accounting work while maintaining human oversight. ...