Data-Driven Decisions: Integrating Machine Learning into Human Resource and Financial Management

Venkatesan, S. and Ambuli, T.V and Devi, Kabirdoss and Sampath, K. and Kumaran, S. (2024) Data-Driven Decisions: Integrating Machine Learning into Human Resource and Financial Management. In: 2024 7th International Conference on Circuit Power and Computing Technologies (ICCPCT), Kollam, India.

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Abstract

Efficient human resource (HR) and finance management in today’s fast-paced corporate environment relies on data-driven decisions to maximize resource allocation and increase operational effectiveness. Traditional systems are vulnerable to overlooked possibilities and inefficiency due to the reliance on human processes and limited data. The study proposes a comprehensive method using Machine Learning (ML) to address these difficulties. The system uses scalable ML algorithms to evaluate large datasets, forecast trends, and optimize resource allocation for HR and finance management. With algorithmic transparency and real-time monitoring, the proposed system improves operational performance, decision accuracy, and transparency. When compared to existing methods, the results indicate considerable improvements in attrition prediction (70% accuracy), budget forecasting (90% accuracy), and market trend prediction (88% accuracy). Even when continual optimization is required, incorporating ML delivers significant benefits in decision-making and resource allocation efficiency. To summarize, bringing ML into HR and finance management represents a revolutionary step toward operational excellence and data-driven strategic decision-making.

Item Type: Conference or Workshop Item (Paper)
Subjects: Computer Science Engineering > Machine Learning
Domains: Management Studies
Depositing User: Mr IR Admin
Date Deposited: 23 Aug 2025 07:59
Last Modified: 23 Aug 2025 07:59
URI: https://ir.vistas.ac.in/id/eprint/10382

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