fileAI

Accounting Automation

5 Steps to Automate Your Accounting Practice

The advent and continued impact of COVID-19 have taught us just how invaluable remote work and digitisation is to our businesses.

Accounting Automation

The Importance of Data Integration in Finance and Accounting

As a business grows, one of the major obstacles faced is a lack of integrated internal systems. Most organizations end up settling for software that is a good fit for them at that time and purchase them for company wide use. This software will usually lack the necessary requirements to seamlessly transfer information from one another, which can lead to human error and many more problems. Take a look at the risks of not considering a seamless integration platform and what businesses can do to curb these problems!

FileAI 101

Achieve End-to-end Accounts Payable (AP) Automation with fileAI

Most companies still rely on paperwork-heavy practices to manage short term liabilities under the AP umbrella. Such antiquated practices are not only time and labor intensive, they also set the premise for instances of human error and internal fraud. Hence, the adoption of AP Automation is a necessary step towards optimizing operational effectiveness and efficiency.

Financial Automation

Implementing Automation in the Workplace

The adoption and implementation of Robotic Process Automation (RPA) infrastructure is currently widely accepted by corporate leaders and employees alike as an essential step for organizations to keep pace and stay relevant. However in practice, such upgrading projects are still often met with varying degrees of inertia, resistance and pushback stemming from a range of different concerns.

Financial Automation

Why Intelligent Character Recognition (ICR) is Essential in Today's Global Economy

With the rising prominence of Asia’s financial markets and presence in international trade, as well as the growing digital divide around the world, technology like Intelligent Character Recognition (ICR) will be extremely essential in enabling businesses to reconcile both systems and language variances that may hinder growth.