Singapore, 2 May 2023 – CEAI@MyFinB, a leading provider of AI-powered financial solutions, has launched a second generate AI engine that can be linked to any accounting system using its data to interpret, analyze and prepare a set of strategic action plans to improve the financial and business model of clients. The engine can assist in several management consulting work, audit assurance, and CFO type of services for any accounting firm’s clients.

The AI engine is designed to benefit financial professionals, especially in the FP&A (Financial Planning and Analysis) sector. By automating time-consuming and repetitive tasks, AI can help financial professionals free up time to focus on higher-level strategic decision-making. The AI engine can quickly process large amounts of financial data to provide insights and recommendations that can help businesses optimize their financial performance.

The financial management services that the AI engine can assist with include:

Financial Planning and Analysis (FP&A): By analyzing financial data, the AI engine can help businesses plan and forecast future financial performance, identify trends, and highlight areas for improvement.

Risk Management: The AI engine can help identify potential risks and provide recommendations on how to mitigate them.

Cost Management: The AI engine can identify cost-saving opportunities, help businesses optimize their expenses, and improve their overall financial performance.

Revenue Growth: The AI engine can provide insights into revenue-generating opportunities, help identify new markets, and recommend strategies for increasing revenue.

By leveraging the power of AI, financial professionals can gain a competitive edge by providing more valuable insights and recommendations to their clients. The AI engine can help businesses optimize their financial performance, reduce costs, and improve their overall profitability.

“We are excited to launch this new AI engine that can help financial professionals streamline their processes and provide more value to their clients,” said Prof M Nazri, Founder/Chairman of CEAI, Global. “By leveraging AI, financial professionals can improve their efficiency, reduce costs, and provide more accurate and timely financial insights to their clients.”

CEAI@MyFinB’s AI engine is just one of the many ways that the company is helping financial professionals stay ahead of the curve in an ever-changing industry. With its powerful AI tools and solutions, CEAI@MyFinB is committed to helping financial professionals drive growth and profitability for their clients.

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About MyFinB

MyFinB is an award-winning tech company that specializes in artificial intelligence. The company developed its own natural language platform with predictive and prescriptive narrative capabilities – a niche area that differentiates itself from any others. MyFinB helps people understand and communicate what is most important in their data.

www.myfinb.com

About Centre for AI Innovation (CEAI)

Centre for AI Innovation (CEAI) Global is a leading global company that was established in 2019 with dual-headquarters in Singapore and Malaysia. The company has established strategic partnerships with organizations in more than 20 countries worldwide. The purpose of CEAI Global is to promote inclusivity in knowledge, education, adoption, creation, venturing into AI investments and implementation of AI solutions.

The main goal of CEAI Global is to provide a platform for individuals and organizations to learn, engage and develop skills related to artificial intelligence (AI) and machine learning (ML). The company aims to target 95% of the workforce who are not skilled in AI and ML and non-technical personnel.

www.ceaiglobal.com

About AIV50

AIV50 is a tech venture company with a portfolio of 50 AI assets in 10 key verticals. The special purpose company forms part of a joint incubation and venture building project by MyFinB Group (MFB) and VSC Portfolio Investments (VSCPI).

www.aiv50.com