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AI for financial processes - An analysis of automation potential with real data
The use of AI in finance departments allows automation for processes that previously had to be handled manually. Read our analysis of real data of a company on the potential of using AI.
Are you missing out on easily accessible early payment discounts?
Do you know how much discount you are throwing away?
How automated is your accounts payable and how accurate is your recognition?
How close are you to the goal of automatically processing incoming invoices? Where are the biggest opportunities for process improvement in your company? How good is the recognition of unstructured invoices?
Do you know the answers to all these questions?
Reduction of VAT in Germany until the end of 2020, what companies need to consider.
The billion-euro economic stimulus package of the German government includes a planned reduction of the value-added tax rates from July 1 until the end of 2020, which leaves companies with little time to adapt their systems accordingly.
Press Release - QIAGEN
avvaneo helps ensure transparency and accountability for leading biotech company, QIAGEN
Webinar - AP Automation in a data driven future
Press Release - Edgewell Personal Care
avvaneo Transforms Edgewell Personal Care Company's Global Financial Operations for Innovation and Scale
avvaneo Supports Artificial Intelligence Frankfurt Rhein-Main
In December, avvaneo attended the inaugural meeting of AIF, where members of the association discussed plans for the sharing of information and knowledge to ensure the region has access to the best talent and resources to hasten AI developments that will benefit citizens most.
AI in the Finance department
The majority of finance team processes are either structured and repetitive or analytical and statistical — here we look at how those scenarios map to available technology, AI and RPA.