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
Category: Finance
Using Natural Language Processing to Match Invoice Lines
3-way matching is an essential and important step for every business when they are doing accounting. The process can be tedious. However, you can use
Using Text Classification in Accounting?
Ever wonder how you can apply text classification in accounting? Recently, when I was doing accounting for my company, I realized that I have to
How Automation Will Help Us Solve Payroll Problems
Payroll is probably the foremost ubiquitous business function — everyone has to be be paid! It is also one of the largest business expenses, with
Automation Changing Function of Finance
Advanced Artificial Intelligence (AI) innovations are changing the financial services industry. In particular, the financial sector has acknowledged AI’s economic benefits over the past few
Importance of Cognitive Automation for Finance department
From our interactions with customers, we have realised that accountants spend a lot of time to classify accounting entries and assign them to the right