The topic of artificial intelligence using machine learning (AI/ML) used to conjure up images of PhDs in white lab coats using massive computers to solve arcane problems, but today’s technology is packaged to be used effectively by those not trained in data science to address daily chores more efficiently. AI will be valuable to finance departments in five general areas: forecasting and planning, analytics, task supervision, recommendations and automated commentary.
Although the payoff from throwing massive brain power at solving difficult problems can be significant, AI also has the potential to create value by automating repetitive processes or augmenting human involvement to gain efficiency while improving performance. Auditoria.AI offers software that enables finance organizations to apply AI to activities to increase efficiency, reduce costs, improve cash flow and improve control.
Auditoria.AI is built on a cloud- and analytics-based recommendation engine that has natural language-driven process automation and information extraction designed for easy deployment and integration with a company’s existing software infrastructure.
Auditoria’s SmartBots are designed to automate complex finance workflows as well as connect and collaborate with customers, suppliers and vendors, as well as accounting staff and workers. Auditoria’s SmartFlow Skills works directly with ERP systems to move along processes quickly and efficiently. It helps finance professionals be more productive by handling repetitive tasks, giving them more time to focus on work that requires their expertise and experience.
