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A Buyer’s Guide for the Top 10 FP&A Software 2022

The Finance Weekly

FP&A stands for "financial planning and analysis," and is the backbone of the modern finance department. It’s the budgeting, financial forecasting, financial analysis, and decision-making that support an organization's health and strategy. What is FP&A? Very Good). 3 Key Pointers.

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Harnessing AI to extract data from PDF

Nanonets

Particularly, extracting data from PDFs —an often cumbersome and error-prone task—has seen significant advancements with the emergence of Artificial Intelligence (AI). The final extracted data needs to be sent to a downstream business software or stored in a database.

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7 Ways AI Can Streamline Expense Management

Nanonets

Artificial Intelligence (AI) today has become a transformative power in the realm of expense management. AI technologies offer promising solutions to these age-old problems, automating mundane tasks, enhancing accuracy, and streamlining processes. Leveraging Generative AI 6.

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What is financial data analysis?

Nanonets

What is financial data analysis? Gartner defines financial analysis as the process that provides “insight into the financial performance of an organization.” How is financial data analysis used in business?

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Building a Retrieval-Augmented Generation (RAG) App

Nanonets

Introduction Retrieval-augmented generation (RAG) systems are transforming AI by enabling large language models (LLMs) to access and integrate information from external vector databases without needing fine-tuning. The database returns a list of the top documents or data snippets that are semantically similar to the query.

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How OCR is Transforming the Automotive Value Chain

Nanonets

billion in 2021, propelled by technological advancements, including the introduction of AI-based applications, machine learning, big data, and the Internet of Things (IoT). Recently, OCR tools like Nanonets have evolved to incorporate artificial intelligence (AI) and machine learning (ML).

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How to convert JPG to Excel?

Nanonets

Nanonets is an AI-based OCR software that can extract text and tables from images with 98%+ accuracy. Financial analysis: You may find some financial reports or data in PDF or image format. But what if you need to extract tables 100s of images regularly, an automated OCR workflow platform like Nanonets is a good choice.