Finance Booklet: KNIME, Automation, and AI

Check out the newest KNIME Press book: KNIME, Automation, and AI. It details, through a collection of use cases on the KNIME Community Hub, how KNIME can automate financial applications and leverage AI to short circuit Accounting, Auditing, Taxes, KPI and more. All topics include example workflows and accompanying videos on the KNIMETV YouTube channel. Check it out, it’s free!

Finance departments are at the heart of each company. Finance activities include planning, forecasting, budgeting, and analysis to support major business decisions and analyze the overall financial health of the company, as well as accounting and treasury tasks. All those activities require precision, correctness, repeatability, and speed. In order to obtain repeatable, reliable, correct, and fast procedures, many companies have already started digital transformation projects for all finance processes.

In this booklet, we collected a set of jump-start workflows for common operations in finance departments. All those blueprint workflows have been stored in a dedicated repository on the KNIME Community Hub, named KNIME for Finance, and are available for free download and usage. So far, the KNIME for Finance space includes the following topics covered in a generic finance department: Accounting, Audit & Compliance, FP&A, KPIs, Tax and Financial Services.

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Hi @Corey,

I recently read about this study and wonder if that wouldn’t be a good opportunity for Knime to showcase the advantages:

Since most corporate spreadsheets are likely to be created in and / or used by finance, “capitalizing” on the studies narrative while providing better alternatives might be a nice opportunity for Knime :wink:

Best
Mike

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