Artificial intelligence is coming, and it’s coming fast. This technology is adding an entirely new dimension to the automation agenda as it gives systems the ability to detect patterns and improve procedures as it gets more and more jobs done. Automation is no longer just about robots, it’s about robots with brains and the capacity to adapt.
Artificial intelligence is crashing ashore. The next big technological revolution after the microchip in 1980, the internet in 1993, the smartphone and the cloud in 2006-07 (the big waves seem to appear with 13-year intervals) will lead to big changes and put the companies and employees, who seize the opportunity, in a position to strengthen their competitive power.
We have developed Kaunt for the finance department in ambitious companies with digitalization, innovation and technology at the top of their strategic agenda. We work with companies that are ready to enroll new technology to help solve business problems and are open to implement AI in daily operations.
of finance activities can be automated
- McKinsey, 2018
invoices handled by Kaunt
- by January 2021
of executives consider AI important
- Microsoft/EY, 2018
believe their company is well-prepared for AI in finance
- PwC, 2020
Kaunt addresses some of the most central issues that CFOs of today face:
Tangled up in administration and inhibited by poor-quality data, many CFOs fail to unfold their potential.
Finance departments tend to report on what happened in the past, not on what might be coming in the future.
Smart professionals in finance departments waste energy and brilliance that could be put to much better use.
Many companies are not taking advantage of the opportunity to digitize their accounting procedures, thus being able to do things in a smarter way.
A company needs every department, including finance, to support the quest for competitive power in the marketplace.
Frank Aaquist, CEO