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Why AI agents for financial planning? Our customers have different business objectives and needs. And we wanted something that was modular and adaptable. There were a couple of primary challenges - a. can’t create an interface that is ever-changing without breaking something; b. visualisation is opinionated i.e., some people like data in a certain way and almost all finance people love it spreadsheet way. And there were other challenges too - adaptability and sophistication of the platform. Based on every aspect, we decided that we wanted to make our product very customisable and modular. And AI agents seemed a perfect balance to achieve. With tight scope for each agent, we made sure there was no hallucination and all concerns were addressed.  This helped us  - provide a preferential reporting and analysis interface - your data your way! - provide faster access to your data We pushed it out a couple weeks ago or so and our beta users have so far loved it. Would love to hear what you have to say about it! If you want to try it out, you can DM me and we can have a quick chat! Video credits: Mojo (found this cool product on ProductHunt - loving it especially the UI)

𝗥𝗲𝗶𝗺𝗮𝗴𝗶𝗻𝗶𝗻𝗴 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 𝘄𝗶𝘁𝗵 𝗔𝗜: 𝗧𝗵𝗲 𝗙𝘂𝘁𝘂𝗿𝗲 𝗶𝘀 𝗛𝗲𝗿𝗲 At LuminaData, we’re on a mission to transform how finance teams work. Our AI coworker, Emma, is designed to streamline and automate key roles in finance, from Accounting to FP&A, helping teams eliminate manual, repetitive tasks done in excel and focus on strategy and growth. 𝗪𝗵𝘆 𝗱𝗼𝗲𝘀 𝘁𝗵𝗶𝘀 𝗺𝗮𝘁𝘁𝗲𝗿? 1. 𝗦𝗮𝘃𝗲 𝗧𝗶𝗺𝗲: Let Emma handle invoice matching, reconciliations, and analytics, so your team can focus on what really counts. 2. 𝗥𝗲𝗱𝘂𝗰𝗲 𝗘𝗿𝗿𝗼𝗿𝘀: Automation means fewer mistakes in data aggregation, reconciliation, and reporting. 3. 𝗜𝗻𝗰𝗿𝗲𝗮𝘀𝗲 𝗘𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝗰𝘆: Seamlessly integrate Emma into your existing tools like QuickBooks, with minimal disruption to your workflow. 𝗪𝗲’𝗿𝗲 𝗻𝗼𝘁 𝗷𝘂𝘀𝘁 𝗯𝘂𝗶𝗹𝗱𝗶𝗻𝗴 𝗮𝗻𝗼𝘁𝗵𝗲𝗿 𝘁𝗼𝗼𝗹 — 𝘸𝘦’𝘳𝘦 𝘤𝘳𝘦𝘢𝘵𝘪𝘯𝘨 𝘢𝘯 𝘈𝘐 𝘤𝘰𝘸𝘰𝘳𝘬𝘦𝘳 𝘸𝘩𝘰 𝘭𝘦𝘢𝘳𝘯𝘴, 𝘢𝘥𝘢𝘱𝘵𝘴, 𝘢𝘯𝘥 𝘸𝘰𝘳𝘬𝘴 𝘢𝘭𝘰𝘯𝘨𝘴𝘪𝘥𝘦 𝘺𝘰𝘶 𝘵𝘰 𝘮𝘢𝘬𝘦 𝘧𝘪𝘯𝘢𝘯𝘤𝘦 𝘰𝘱𝘦𝘳𝘢𝘵𝘪𝘰𝘯𝘴 𝘴𝘮𝘢𝘳𝘵𝘦𝘳 𝘢𝘯𝘥 𝘧𝘢𝘴𝘵𝘦𝘳.  𝗖𝘂𝗿𝗶𝗼𝘂𝘀 𝘁𝗼 𝘀𝗲𝗲 𝗘𝗺𝗺𝗮 𝗶𝗻 𝗮𝗰𝘁𝗶𝗼𝗻? 𝗗𝗿𝗼𝗽 𝘂𝘀 𝗮 𝗺𝗲𝘀𝘀𝗮𝗴𝗲 𝗼𝗿 𝘃𝗶𝘀𝗶𝘁 𝗼𝘂𝗿 𝘄𝗲𝗯𝘀𝗶𝘁𝗲 𝘁𝗼 𝗹𝗲𝗮𝗿𝗻 𝗺𝗼𝗿𝗲! https://lnkd.in/gPEEujmK

🚀 Transform Your Accounting System with AI-Enabled Real-Time SAS Platforms! 🚀 Are your accounting systems ready for the future? Embrace the power of AI to revolutionize your financial operations. Benefits of Updating: ✅ Real-Time Data: Make informed decisions with up-to-the-minute financial insights. ✅ Efficiency Boost: Automate repetitive tasks, freeing up your team's valuable time. ✅ Accuracy: Minimize errors with intelligent data processing and validation. ✅ Scalability: Easily adapt to growing business needs with flexible, cloud-based solutions. Risks of Staying Behind: ❌ Data Delays: Relying on outdated systems can lead to critical decision-making lags. ❌ Manual Errors: Increase the risk of costly mistakes with manual data entry. ❌ Competitive Disadvantage: Fall behind competitors who leverage cutting-edge technology. Don’t let outdated systems hold you back. Upgrade now and stay ahead in the game! 📧 Write to me at [email protected] to get started. #Accounting #AI #RealTimeData #SAS #Automation #BusinessGrowth #accovet

The Power of #AI in #FinancialPlanning and #Forecasting "Financial planning, budgeting, and forecasting processes at many companies are slow, rigid, and manual. The annual plan can take months to build, and forecasts each cycle often take weeks—meaning that the updated version is in the rearview mirror as soon as it’s complete. 👉The So What Technologies like AI and #machinelearning can turbocharge planning and forecasting processes, making them far faster and more accurate. A process we call “dynamic steering” combines AI- and machine learning-based algorithms, data automation, and driver-based calculation models to enable agile, accurate steering of the business. Specifically, companies can build models that enable them to: ◾ Generate more accurate financial forecasts. ◾Run multiple scenarios at the click of a button. ◾Update scenarios more frequently to gain better insights about what’s coming. When #CFOs have a clear picture of the current business performance and future trajectory, they can help the organization navigate change and quickly adapt to new circumstances. With CFOs and finance teams freed up from rote processes, the focus can shift to insight generation. Employees in finance and across the organization get a better experience, with self-serve models that are convenient and timely. 👉Dive Deeper Dynamic steering has three main components. 🟥 Put infrastructure in place. 🟥 Incorporate predictive models. 🟥 Generate insights. 👉 Now What Companies that want to implement dynamic steering should focus on three main priorities. 🟥 Don’t just implement technology—change behaviors. 🟥 Start small and move fast. 🟥 Make smart decisions about technology." Source: Boston Consulting Group (BCG)

The use of AI in FP&A is a game-changer, and our team is always exploring new ways to innovate for our clients in this space. Here’s a quick read on how AI is reshaping financial analysis and enabling finance, accounting, and operations teams to focus on what matters most. #TakeOneStreamFurther #AIT #AI

Thriving in financial planning and analysis (FP&A) is essential for success. I recently found a great resource from Board that highlights 7 key pillars for integrated FP&A, which can really transform how small & large businesses approach financial management. These pillars cover everything from enhancing collaboration across departments to leveraging advanced analytics, providing a solid roadmap for making data-driven decisions and driving growth. If you're looking to elevate your FP&A strategy, I highly recommend checking out the full article. It’s packed with actionable insights that can help unlock your true power of your financial operations! Read more here 👇 #Finance #FPA #DataDriven #FinancialPlanning

Learn best practices to overcome implementation barriers and explore the seven pillars that boost agility and decision-making. Download the ebook now to help transform your financial planning! #FPA #FinancialPlanning #Board #NewApproach

Streamline your accounting with hibooks AI - 99% accuracy in data entry, effortlessly. Save time, reduce errors. Ideal for small accountants & businesses. Discover the difference! Request a demo today. #hibooks #AIRevolution #efficiency

Here is a fact about AI that we need to understand: AI is here to stay and it can benefit us, ONLY if we gain knowledge about it. If we talk about financial management, AI can make your life easy like never before. Imagine saying goodbye to hours of manual data entry, financial reporting, or even routine budgeting. Instead, with AI, you gain real-time insights and make decisions backed by data, not just guesswork. 🚀 Here’s why so many businesses are turning to AI for financial operations: Automated Accounting: Tools like QuickBooks or Sage handle the repetitive entries so you can focus on analyzing data, not entering it. 🔹 Real-Time Financial Insights: With platforms like Power BI, financial data is continuously updated, allowing you to respond instantly to market changes and make informed decisions on the spot. 🔹 Predictive Modeling: AI highlights potential risks and revenue opportunities before they even appear on the horizon. 🔍 Now why does this matter to your business? Efficiency is just the start—AI reduces human error, minimizes risk, and allows for smarter allocation of resources. If you’re a business owner or financial professional looking to optimize, AI should be part of your core strategy. 💼 Wondering where to start? Begin with tools that fit your needs and scale over time. AI’s flexibility means there’s a solution for every business size—from small startups to large enterprises. Or just send me a DM to discuss financial management with AI. . . . . . . . . . . #AIinFinance #FinancialAutomation #FutureOfFinance #PredictiveAnalytics #RealTimeInsights #AIandFinance #BusinessEfficiency #FinancialStrategy #FinanceRevolution #DataDrivenDecisions #ShahidShoaib #QuickBooks #PowerBI #FinancialPlanning #AutomationInBusiness #InnovationInFinance #FinancialManagement #Fintech #ArtificialIntelligence #DigitalTransformation #SmartBusiness