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A Comprehensive AI Guide for Financial Leaders

AI technologies, including generative Al like OpenAl's ChatGPT have exploded in popularity in recent years. 72% of today's leaders expect Al to be integrated into their business decisions' and Chief Financial Officers (CFOs) are at the forefront of that change. "CFOs should have a larger role in generative Al than they have in other technologies," according to Gartner.

Trusted Al supported by generative capabilities is enabling early-mover CFOs to meet these goals. Al solutions provide clear capabilities beyond previous automation tools that enable organizations to automate complex tasks, streamline operations and improve efficiency- all without the need for complex coding. intensive planning, and costly maintenance.

This Comprehensive AI Guide helps CFOs and other financial leaders understand the potential for Trusted Al and how to leverage it safely and successfully within your organization.

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FAQ

Kognitos is a leading Generative AI Automation platform that enables users to automate end-to-end business processes by simply ‘talking to the platform’ and communicating what they wish to accomplish, in English. Built on a proprietary LLM based interpreter, and leveraging tools including IDP, OCR, NLP and LLMs like GPT3, Kognitos is focused on helping businesses automate even the most complex, exception heavy, document heavy processes.

Process automation refers to the use of technology to automate repetitive, manual tasks within a business or organization. The goal is to streamline and optimize workflows, increase efficiency, reduce errors, and save time and resources. This can be achieved through the implementation of various technologies, such as RPA, Workflow Automation, Machine Learning and Artificial Intelligence.

Kogitos automates processes by translating a user’s instructions from English into libraries of automation code. This code calls various APIs to manipulate, change and edit data and objects within applications, or to extract information from sources such as documents, email and communication tools.

Kognitos automates business processes that involve moving, transforming or combining data between multiple applications like ERP, CRM, Excel, Email, etc. Kognitos is especially strong at automating document heavy processes compared to other automation tools due to “Conversational Exception Handling” which places the ability to manage and change processes in the hands of the business user with no training required.

Kognitos is not an RPA solution. Kognitos is the leader in the Generative AI Automation Space. RPA tools are static, and based primarily on if-then logic. Kognitos is an OS for rapid automation and innovation built on an interpreter framework, and incorporates Generative AI throughout the User Experience to allow users to
build automations and manage exceptions in English.

NLP is a field of artificial intelligence (AI) that focuses on the interaction between computers and humans through natural language. The goal of NLP is to enable computers to understand, interpret, and generate human language in a way that is both meaningful and contextually relevant.

Kognitos itself is built upon NLP capabilities and Large Language Models (LLMs). This enables users to build, maintain, change and audit processes all in English. Additionally, Kognitos uses NLP in a variety of ways within process runs. Using GPT-3 and other LLMs, Kognitos can read text from even highly unstructured documents or data files including emails, texts, Slack/MSFT Teams, checks, receipts etc.

Kognitos has achieved the SOC 2 Type II certification for our best-in-class security controls and compliance with the AICPA’s Trust Services Criteria.

You can explore the capabilities of the Kognitos Platform with a tailored demonstration crafted for you with a personalized demo through our website. Talk to an expert

Kognitos has a user-friendly interface, and therefore does not require any coding experience. Even Business Users with no background in coding can use the platform.

Kognitos integrates directly with all major ERP, CRM and productivity solutions for stable and durable automations.

When errors or exceptions occur, Kognitos leverages Large Language Models (LLMs) to provide Conversational Exception Handling, presenting users with a problem statement in English and giving users the ability to address the exception and even teach the process logic for exceptions in the future, all in English.

Kogitos automates processes by translating a user’s instructions from English into libraries of automation code. This code calls various APIs to manipulate, change and edit data and objects within applications, or to extract information from sources such as documents, email and communication tools. Resource Library

Yes, Kognitos has the capability to build new integrations for specific apps in a matter of days. Our platform is designed to be adaptable to various business needs. If you’d like to request a new integration, get in touch with us today. Contact Us

We have many examples of businesses implementing Kongitos in their processes in the form of use cases and case studies. You can access these on our website. See Case Studies

Koncierge is our GenAI powered chatbot that allows you to generate complete automations for users, or assist them in troubleshooting how to write the next step of your automation.

 

With Koncierge, Business users, as well as developers, can write, understand, modify, and review automations without requiring technical expertise.

We understand that each client’s automation needs vary in complexity and scope. To provide tailored pricing plans, we encourage you to book a demo with us. After understanding your requirements, we will propose a personalized pricing plan that aligns with your specific business needs. We offer flexible options to suit various business needs and scales, ensuring a customized and cost-effective solution for your automation journey. Talk to an expert