THE PROBLEM
Businesses are responsible for ensuring accurate financial reporting, maintaining compliance with different regulatory requirements, and mitigating financial risks. Today, organizations deal with vast amounts of unstructured financial data from various sources, including sales reports, invoices, and miscellaneous financial statements. This data is typically stored across many disparate devices, platforms and servers making it challenging to manage, analyze, and secure.
THE SOLUTION
By implementing the Ai Smart Data Processing, a CFO would be able to streamline data management processes, enhance data quality, and ensure automated compliance with financial reporting regulations (SEC and FINRA) with regard to storing sensitive information. This is accomplished through communications review and archiving including email, IoT, disparate data repositories.
Ai Smart Data Processing automatically classifies, enriches, and indexes financial data from multiple sources at exabyte scale, ensuring high data quality, accuracy and speed. Moreover, the tool provides same-day reporting and insights, which can enable accelerated financial reporting and supports enhanced decision making.