Active Business Solutions’ Post

Microsoft Fabric for Banking: The Way Forward ☄️ Financial services are more data-driven than any other industry, and AI thrives on data. How can your organization transform data into actionable insights? With Microsoft Fabric, financial services can simplify their data estate and build a strong foundation for the AI era. Fabric unifies all your financial data and analytics tools into a single platform infused with generative AI capabilities. Making AI accessible through #Copilot will help everyone in your organization to take advantage of data – and make better and faster decisions. Why Microsoft Fabric? ☑️ 3x reduction in data duplication plus improved data quality ☑️ 85% increase in productivity with Copilot-assisted development ☑️ 50% increase in analytics efficiency and time to insight Join the banking data revolution with Microsoft Fabric and transform your data into powerful insights! #AvanadeDoWhatMatters #MicrosoftFabric #Banking #CloudComputing

💲Microsoft Copilot is the #AI game-changer, especially in #banking, where it’s putting #AI in the hands not only of the employee but of the customer too. #Banks on the Microsoft Copilot for Microsoft 365 Early Access Program found that: 💰 You could surface sentiment from #client discussions to develop new services, improve #onboarding and streamline #application processes. 💳 You could detect #fraud by analyzing large amounts of #data. 💵 #GenerativeAI can create reports drawing on internal and external data much #faster than #bankers can, saving days of work. 🏦 Meeting summaries, email and #content generation, finding internal #data and subsequent #analysis saves two hours per employee per task. #Imagine what you could do with #Copilot in your #bank, explore our latest #guide: https://lnkd.in/gU-2AqjY | #AvanadeDoWhatMatters | #Banking | #Banks | #GenAI

The more I learn about what we are doing with our clients around #AI solutions with Copilot, the more inspired I get about the path of multiplying impact and the possibilities.

Did you know that highly automated companies are 6x more likely to see revenue growth of 15%?   Watch our webinar, in collaboration with Microsoft and COREFOCUS, to discover how to leverage Artificial Intelligence in order to maximise your financial performance and revolutionise your AP processes!   Get ready to:     ✅Improve accuracy and efficiency    ✅Make better strategic decisions    ✅Remove the need for tedious manual data entry   #AI #APautomation #P2P #Fintech Dynamics 365 Business Central ™ Microsoft Dynamics 365 Business Central

Sometimes, customer conversations help refine your product’s value proposition in surprising ways. After initial discovery sessions with the CFO of a mid-layer NBFC, we were directed to the CTO. Initially - it felt like he was avoiding the meeting, likely due to some preconceived notions. After several follow-ups, we finally had a tech discovery call. The CTO opened up and said “I’ve met many vendors in the regulatory and finance reporting space. They all promise low-code, pre-packaged solutions – Just give us your data in our format, and it will all work. What they overlook is the repercussion of losing control on data and the headache of building and maintaining such transformations “ A complete flip – our value proposition shifted. It was no longer AI powered or Low Code or 10X faster. It was plain vanilla – offering flexibility to let customers keep data in its original structure. No disruptive transformations, no misunderstandings about formats – just the simplicity of maintaining the existing business language What was originally intended to be 15-minute call turned into a deeper conversation on “why simpler solutions are better than best solutions” A reminder that true value of your offering often lies in aligning with how the customer perceives the problem, not just how you think it should be solved. #FinanceTransformation #AI #Automation #CFOTransformation #Wekalp #NBFCs #RegulatoryReporting #DigitalTransformation

Three innovations you need to be leveraging in 2024 ⤵️ ⚙️ Automation: The key to streamlining processes and maximizing efficiency in your lending operations. 💻 Digital Lending: Embrace the shift towards online lending, providing more accessible and convenient services. 🤖 AI: Utilize AI tools for faster, smarter, and more accurate decision-making in the lending landscape. Unlock efficiency with PayPlan's automated underwriting rules for lightning-fast decisions, easy testing, and enhanced efficiency! ⤵️ https://hubs.li/Q02j1wG60 #Lending2024Predictions #Lending2024 #LendingTrends2024

Interesting takeaway from a recent conversation: It’s not always about tech complexity or flashy features. Maintaining the integrity of existing data structures and business language can often be more valuable. The more transformations data goes through, the greater the maintenance overhead and risk of errors. With Wekalp, we prioritize this simplicity — no change to how you're used to seeing your data. Less disruption means smoother processes and fewer headaches down the line. #NBFC #Regreporting #DigitalTransformation #Regreporting #FinanceTransformation #AI #Automation #CFOTransformation #Wekalp

Only a few days left until Christopher and Saikat will hold their expert talk on the common obstacles commercial lender face while analysing financial statements! Capturing Financial Statement Data doesn´t need to be a time-consuming, repetitive and error-prone task. There is great potential for optimization here which can lead to: - reduced transmission errors while capturing financial statements - less resource commitment (FTE) - faster decision making Listen and interact with these guys and learn how you can leverage your lending journey with state of the art SaaS technology combined with artifical intelligence. Register here: https://lnkd.in/e4vgNMTB #riskrating #creditrisk #ai #artificalintelligence #spreading #automatedspreading #lending #commerciallending #SaaS

Fast Closing with AI: Revolutionize Your Financial Closing Process! Fresh from ManCon 2024, I’m excited to share a new perspective that has the potential to transform the finance world. 🚀 The Challenge: Manual processes, system discontinuities and communication barriers are the challenges of modern businesses, leading to delayed monthly closings and undermining competitiveness. The Solution: With the latest AI technologies, we can overcome these obstacles. An established change management approach puts the finance team in the “driver’s seat,” significantly accelerating the closing process. The Benefits: Our clients not only experience faster and more efficient closings but also a leaner and digitized process landscape that leads to higher employee satisfaction and maximizes business value. The Cultural Shift: It’s a gradual process achieved through continuous improvement and a focus on employee satisfaction. The Metrics: We take a look at predefined key performance indices, where we keep an eye on efficiency, accuracy and speed. The Outcome: An impressive saving of 2-7 person-days in the monthly closing is not just a vision – it’s a reality! Take a look at KEYE. #FastClosing #AI #FinancialInnovation #ManCon2024 #KEYE #DigitalFinance https://lnkd.in/e2ki96vF  

It's quiz time for banking professionals! Gauge your company's AI readiness and get personalised insights to inform your strategic decisions. Take the leap into a data-smart future. Salesforce #datacloud