How Anti-Money Laundering works with Cognitive Automation?
What is Anti-Money Laundering? Anti-Money Laundering (AML) consists of technologies and procedures to prevent the financial crime of disguising ‘dirty money’ into legitimate money. Money
Category: Finance
How Does a Machine Read Documents in Asian language? Use Case of Processing Invoices in Chinese
Invoice processing has traditionally been one of the most time-consuming tasks for finance teams in companies of all sizes. Especially, when the documents are written
Processing Accounts Receivable (AR) with 3X Higher Speed and Superb Accuracy
How many hours do you need to process accounts receivable and send the overdue reminder? With hundreds -or even thousands of data, it might even
Finance Managers and Accountants – go home on time without worrying about paperwork
Accounting and financial process management are two of the toughest professional areas in terms of job pressure and work-related stress. Keeping up with the ever-flowing
Intelligent Document Processing (IDP) for Finance and Accounting Department
The most difficult part of data extraction is that documents (e.g. supplier invoices) have different formats. Each department uses different types of documents to process
Automation in Finance: Extracting Data From Invoices With AI (No Coding!)
Processing documents, especially invoices, is the most common task to perform in the finance department. Digitizing the documents by moving the data from physical papers
2 Examples of Automation in Finance
Are you spending plenty of time on finance processes? Consolidating the cash book balance monthly and never seems to match with the bank balance? Having
Accounts Payable Automation Using Intelligent Document Processing (IDP)
Financial documents are crucial for business processes, as they play an important role in tracking transactions and accounts. Documents pile up to be processed, and
Using Automation in Finance
Do you find yourself spending a lot of time on finance processes? Consolidating the cash book balance every month just to find out that it
Using Text Classification for Internal Auditing
When doing internal auditing, the most important thing is to ensure that accounting entries are classified to the right chart of accounts. However, when you