Category: Innovation

BQs – What does a robot future look like? We look at the trends and impact of tomorrow’s robot on you.

Automation of decision making through the implementation of task automation robots, advanced analytics and artificial intelligence is becoming the defacto direction for accountants, controllers and CFOs, but what does working with a Bot squad mean for you and your team?

We learn from Aico’s CTO Marko Maunula, who explains nine trending cornerstones of this brave new robot/human world.

And Marko, I love the Little Britain quote!  A rare treat for me.

Continue reading “BQs – What does a robot future look like? We look at the trends and impact of tomorrow’s robot on you.”

Is your forecasting mindset killing CFO innovation – almost certainly!

In an office somewhere in the world…

Data Scientist: Yo accountant dude! Why do you never forecast your miscellaneous revenue line?

Accountant: It’s miscellaneous, you can’t forecast that line.

DS: But dude, it’s 1% of your total revenue, that’s gotta impact the business and your forecast sensitivity, right?

AC: That line has no owner, you can’t forecast that line.

DS: I got exciting news dude, I can predict this line for you and be 75% accurate. That’s gotta be better than putting in a big fat zero? <holds up hand for a high five> Continue reading “Is your forecasting mindset killing CFO innovation – almost certainly!”

BQs – What is intelligent finance automation?

By Clive Jefferies, Product Manager, Aico

When discussing the topic of finance management innovation and digitalisation, the following questions are often asked…

  • What is intelligent finance automation?
  • How does it differ from robotic process automation (RPA)?
  • What defines intelligence in this context?
  • How is intelligent finance automation closing the gap in reaching cognitive engagement of artificial intelligence (AI)?

Continue reading “BQs – What is intelligent finance automation?”