Empowering All Your Financial & Audit Operations
Coredata AI is the world’s top AI platform, and the best companies use it to solve data quality problems, improve reporting speed and accuracy, and cut down on days or weeks of manual work each month in the finance department, including tax and auditing departments.
How Coredata AI Helps Companies with Finance & Audit?
Accurate Records & Documentation
By offering a centralized, governed hub, Coredata AI eliminates the dangers of dispersed data access and extensive use of spreadsheets. Teams can use them to collaborate while documenting the project’s objectives, processes, inputs, outputs, and internals (such as data sources). Coredata AI’s industrialized data pipelines and improved accuracy are useful for everything, from producing IFRS 17 reports to optimizing cash flow between companies via better liquidity forecasting. Through the use of Coredata AI, many companies have been able to boost analytical efficiency by substituting spreadsheet-based procedures with controlled self-service analytics. With the applications our platform offers, just two workers can replace the output of 70 employees using manual methods like spreadsheets.
Prediction Automation
Prediction Automation Regardless of the type of business, having an accurate picture of where the company is headed in the future in terms of key financial indicators (KFIs) is essential. Coredata AI streamlines this process by eliminating data divisions in the finance department and automating many of the tasks traditionally performed manually. A lot of our clients integrate all their expertise into software after successfully predicting the incoming business changes. Coredata AI enables them to make this package accessible to business customers, who can then use their domain knowledge in tandem with innovative machine learning techniques.
Auditing Made Better & Easy
Coredata AI is a tool that helps organizations analyze the massive amounts of information they have while decreasing the likelihood of making mistakes due to human error. However, Coredata AI’s machine learning features do more than just analyze data; they also inform auditors about the factors that lead to risks.
Automate Manual Tasks Effectively
Coredata AI shortens the amount of time required to compile information from a wide variety of sources, which speeds up processes like data consolidation and the creation of internal and external reports. In addition, Coredata AI’s authorization administration, audit records, and automated language processing make it easier to perform duties like invoice reconciliation, receivables monitoring, and payment logging.
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