{"id":18783,"date":"2026-05-03T19:21:36","date_gmt":"2026-05-03T19:21:36","guid":{"rendered":"https:\/\/finteqc.ca\/?post_type=finteqc_paper&#038;p=18783"},"modified":"2026-05-03T19:22:14","modified_gmt":"2026-05-03T19:22:14","slug":"15871","status":"publish","type":"finteqc_paper","link":"https:\/\/finteqc.ca\/index.php\/papers\/15871\/","title":{"rendered":"Opportunities for the Application of Artificial Intelligence in SME Financial Analysis"},"content":{"rendered":"<p>The aim of the paper is to analyze the possibilities for applying artificial intelligence (AI) in the financial analysis of small and medium-sized enterprises (SMEs), identifying the main benefits and challenges. The research problem is related to the fact that traditional financial analy-sis methods often fail to effectively process large and diverse volumes of data currently available to companies and do not ensure sufficiently fast and accurate forecasting in a dynamic business environment; moreover, SMEs in Latvia have so far made very limited use of AI capabilities. The article reviews scientific literature and applies a comparative approach to evaluate various AI solu-tions for financial data processing, forecasting, and risk assessment in the SME context. The authors\u2019 contribution is a systematized overview of directions for using AI technologies in finan-cial analysis, as well as the identification of practical prerequisites for successful AI implementa-tion in SMEs. The research results and the authors\u2019 proposals show that AI can significantly improve the accuracy, efficiency, and timeliness of financial analysis, while emphasizing the need for high-quality data, employee competencies, and appropriate digital infrastructure.<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-18783","finteqc_paper","type-finteqc_paper","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/finteqc.ca\/index.php\/wp-json\/wp\/v2\/finteqc_paper\/18783","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finteqc.ca\/index.php\/wp-json\/wp\/v2\/finteqc_paper"}],"about":[{"href":"https:\/\/finteqc.ca\/index.php\/wp-json\/wp\/v2\/types\/finteqc_paper"}],"wp:attachment":[{"href":"https:\/\/finteqc.ca\/index.php\/wp-json\/wp\/v2\/media?parent=18783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}