Financial Excellence With Game Changers, Presented By Sap

The Buzz: “We’ve come a long way in finance and accounting. From purely manual bookkeeping carried out in large, dusty, paper ledgers, through to Excel-based solutions and advanced accounting systems, we’ve been plunged into the exciting world of intelligent automation.” www.digitalistmag.com Finance is used to a “white box” set of tools for analysis, with traceable logic and steps. But a “black box”, with hidden inner workings, is needed for more complex processes. And Finance is again on the forefront, adopting machine learning and artificial intelligence. First steps are usually transaction-oriented. Sophisticated scenarios are predictive, using simulations with combinations of drivers for more comprehensive decision support based on data. We’ll ask Birgit Starmanns at SAP, Rob Kugel at Ventana Research, and JS Irick and Daniel Settanni at TruQua about the real value of machine learning on the bottom line and how it supports, not replaces, the human decision-making process.