business functions

Finance

Better management of cash, payments and investments through AI

The job of Chief Financial Officers is, per se, closely linked to data and numbers. In the past few years, Artificial Intelligence has been reaching the world of finance. First of all, automated accounting, Robotic Process Automation, Spend Analytics, Budget forecasting... are AI applications that more and more CFOs are implementing to gain time and focus on delivering value to the company. But that's not all. CFOs are also closely involved in monitoring and implementing companies' budgets. In this quality, they can be led to decide on possible AI applications in other departments than the financial department.

Thanks to a team of AI, mathematics and statistics experts, Kantify has built significant expertise in:

  • Invoice parsing with AI: using AI to automatically read and encode your invoices, whatever their format or language
  • Spend analysis with AI: using AI to analyse and classify your spend, and identify optimizations
  • Price prediction and setting with AI: using AI to predict how procurement prices or market prices will evolve so you can adapt your procurement or sales strategy accordingly.

Regardless of how the CFO's journey in AI starts, understanding AI and its implications is key. This section of the Kantify website aims at informing CFOs on new trends of AI in finance.

Use Cases

Automated Document Analysis
Automating document treatment using machine learningRead More
Fraud Detection
Detecting and preventing fraud through machine learningRead More
Personalized Recommendations
Recommending the right products or services to your customers or stakeholders using machine learningRead More
Price Prediction
Predicting prices of services, products and commodities through machine learningRead More
Spend Analysis
Analyzing company spend through machine learningRead More

Insights

15 ways AI can help customer experience
We explain 15 ways in which AI can lead to intelligent, informed and smarter Customer Experience Management.Read More
Predicting Churn with Machine Learning
Predicting churn with Machine Learning: the essential steps in terms of data collection, machine learning techniques, and evaluation.Read More
What is hyperpersonalized marketing, and how it creates value
Hyperpersonalization of marketing has now become a trend. Read how it works and how companies can leverage it to create value.Read More
Why companies increasingly use AI for their forecasts
One of our experts explains how AI changes the forecasting scene, comparing traditional methods to AI methodsRead More
The New CFO Is A Changemaker In The Age Of AI
In order to implement AI, the CFO should have a different mindset compared to other innovation budgets.Read More
AI and the bottom line: 15 examples of AI in finance
This article gives a summary of how AI is being used in finance and which companies are leading the way.Read More
Embedding AI in Business
The CTIO of Accenture holds a podcast concerning implementing AI into your business.Read More
Hyperlearning in the chess world can teach business executives about AI.
This article uses the evolution of chess to show the true potential of the collaboration between human and machine.Read More
AI Challenges And Why Analysis of Legal texts Is A Great Place to start Natural Language Processing
AI has difficulty understanding irony or sarcasm, thus legal documents are great to start testing out NLPRead More

Our Experts

Nik Subramanian
CTO and founding partner at KantifyGet in Touch

News

Kantify announces its new invoice parsing solution at FinTech Belgium
Kantify will be pitching about its new invoice parsing solution at FinTech Belgium.Read more

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