Remove AI Remove Financial Analysis Remove Regulatory Compliance
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Integrating AI into Your Finance Function

Nanonets

According to a Forrester survey, 98% of financial institutions believe that AI and ML can give them an edge and improve how they do business. This article explores the case for integrating AI into your finance function, the route to achieving it, and how your business can step change as a result. Use cases of AI in finance.

AI 122
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A Buyer’s Guide for the Top 10 FP&A Software 2022

The Finance Weekly

FP&A stands for "financial planning and analysis," and is the backbone of the modern finance department. It’s the budgeting, financial forecasting, financial analysis, and decision-making that support an organization's health and strategy. What is FP&A? Built for the entire business.

CRM 240
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Harnessing AI to extract data from PDF

Nanonets

Particularly, extracting data from PDFs —an often cumbersome and error-prone task—has seen significant advancements with the emergence of Artificial Intelligence (AI). How AI-based PDF data extraction addresses these challenges Utilizing AI to extract data from PDFs offers a promising solution to these challenges.

AI 52
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Analysis of the Expanding Business Information Marketplace

Trade Credit & Liquidity Management

Although other use cases exist for B2B data, for example, stock market performance on public companies, this article will focus on an overview of the four primary use cases: (1) credit and financial analysis, (2) B2B marketing lists, (3) supplier evaluation, and (4) KYC and compliance.

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What is financial data extraction?

Nanonets

Extracting relevant and accurate financial data from financial and business documents is critical for effective decision-making, financial analysis, and integrity, as well as regulatory compliance. These advanced solutions offer a range of benefits and overcome the limitations of traditional methods.

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What Is Balance Sheet Reconciliation?

Nanonets

By carefully scrutinizing transactions and balances, potential fraud can be detected early, allowing for appropriate action to be taken to mitigate financial risks. Regulatory Compliance Balance sheet reconciliation is a crucial element of regulatory compliance.

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How to set up financial document automation

Nanonets

Financial document automation uses technologies like advanced Optical Character Recognition (OCR), Artificial Intelligence (AI), and Machine Learning (ML) to streamline these processes.  They are responsible for vendor payments, maintaining transaction records, auditing, taxation, and regulatory compliance.