Botminds AI Financial Spreading Automation
Botminds AI Technologies Pvt. Ltd.
Botminds AI Financial Spreading Automation
Botminds AI Technologies Pvt. Ltd.
Botminds AI Financial Spreading Automation
Botminds AI Technologies Pvt. Ltd.
AI-First, no-code platform for automating spreading process for better financial decisions
Botminds AI Financial Spreading Automation is a powerful no-code AI platform to empower Finance & Accounts teams though fast, accurate spreading & analysis across standards and formats. It eliminates repetitive, low-value, manual and tedious tasks.
The platform enables AI-powered extraction of 1000s of granular data points across financial documents, normalization and insightful analysis, and improves the quality of financial decisions.
Key highlights -
Reduce Spreading Turnaround Time - AI powered extraction of granular details from non-standard tables, notes & description text across report type formats, standards in a fraction of time
Minimize Financial Risks and Errors - End-to-end automation with spreading models trained on millions of financial tables; and easily configurable spreading templates, avoiding manual errors
Streamline Financial Analysis Process - Automatically extracts and normalizes data from any financial statement; instantly calculates ratios, and produces output in dashboard or widget formats.
Improve Investment & Credit Decisions - Spread financial documents from multiple financial statements across companies to enable comparative analysis for competitive insights.
The platform has 4 key modules that are vertically integrated and available as one platform, under a single license -
1. Capture - For automated abstraction: AI-powered extraction of financial data from various financial documents of different reporting standards, languages from multiple sources – regulatory or company site, FTP etc; with semantic understanding of data points extracted from tables, text, footnotes, description etc.; based on pre-trained models and easily configurable spreading templates.
2. Search - For high-precision contextual results: Powerful vertical search engine that queries financial tables and running text across documents to return results based on relevant search filter – to enable credit, finance, accounting teams with relevant data for decision-making.
3. Analyze - To make Informed decisions: Customizable, interactive dashboards produce reports in form of interactive graphs and charts, matrices and heat maps to augment insights and drive informed credit, investment and other critical business & financial decisions.
4. Automate - To maximize efficiency: Workflow management and integration (via APIs, webhooks) to downstream/upstream financial and accounting or other systems.