Artificial intelligence is here, and it’s growing. 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, learn, and improve.
Artificial intelligence is coming ashore now. It’s the next big technological revolution after the microchip in 1980, the internet in 1993, the smartphone and the cloud in 2006-07. AI will lead to big changes and put the companies and employees, who seize the opportunity to start now, in a position to strengthen their competitive edge.
We have developed Kaunt for finance departments in ambitious companies who put digitalization, innovation, and technology at the top of their strategic agenda. We work with companies that are ready to use the power of new technologies to help solve business problems and are open to implementing AI in their daily operations.
of finance activities can be automated
- McKinsey, 2018
invoices handled by Kaunt
- by September 2021
of executives consider AI important
- Microsoft/EY, 2018
believe their company is well-prepared for AI in finance
- PwC, 2020
Tangled up in administration and inhibited by poor-quality data, many CFOs fail to reach their potential.
Finance departments tend to report on what happened in the past, not on what might be coming in the future.
Top notch professionals in finance departments waste their time energy doing manual work Their expertise could be put to better use.
Many companies are not taking advantage of the opportunity to digitize their accounting procedures, enabling them to work smarter.
A company needs every department, including finance, to support their quest for a competitive edge in the marketplace.
Frank Aaquist, CEO
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