How does CrowdANALYTIX help with finance?
CrowdANALYTIX applies the latest in data science to achieve your automation and cost reduction goals. Our solutions are deployed on a secure, scalable server and integrated via APIs. Our consultants first understand your business challenges and then custom-build a scalable solution by selecting the best models, enabled by our community of over 25,000 data scientists.
What are the benefits of working with CrowdANALYTIX?
Many AI and digital transformation initiatives fail for three primary reasons:
1) Business challenges are not translated correctly into data science problems;
2) Data is not structured and is not ready for analytics;
3) Not enough is done to eliminate biases and arrive at an optimal solution.
Our unique approach has helped several global enterprises avoid these failure points and successfully scale AI solutions.
Our 4-week program explores your unique business challenges and delivers a customized AI roadmap. Achieve AI-driven business growth via improved efficiency and new revenue streams.
You accumulate terabytes of content in the form of images, videos, audio and text. We auto-tag these documents so that you don’t need to do so manually.
Our custom platform to build, manage, and deploy a suite of AI models for your business DevelopX handles everything needed to maintain relevant, profit-boosting, swift AI models.
Making your internal models API enabled and auto-scaling. Continuous monitoring and optimization is part of the package.
How it works
Our four step process starts with defining your AI roadmap and ends with maintaining and tuning your production solutions.
We evaluate your current data and business challenges to prioritize the areas that can yield the highest, fastest ROI. We can take your business all the way from mapping out an AI strategy and structuring data, to building, managing, and deploying the most complex AI solutions.
Data is handled securely either within your premises or with appropriate anonymization and encryption.
Use AI to improve internal audits, optimize cost allocation and automate repeatable business processes.
Autonomous Master Data Management
Automatically extract structured tags, attributes from unstructured data like images, videos, audios and text.
External Risk Assessment
Analyze competitor, regulatory, weather and other external risks factors and their impact on quarterly performance.
Determine the risk of fraud both internal and external by analyzing transactional data.
Business Process Automation
Automate mundane tasks and prioritize tasks based on business value.
Revenue Cycle Optimization
Minimize working capital requirements and time to recover accounts receivables.
Operations Cost Optimization
Identify opportunities to reduce cost across business functions through automation and other productivity improvements.
Internal Audit Optimization
Continuously analyze transactions for anomalies and ensure corrective steps are taken in a timely manner.
Competitor Performance Analysis
Analyze quarterly performance of public & private companies based on publicly available reports and publications to make informed strategic decisions.
Case Studies: Finance
Big 4 Audit Firm
Determine the top external factors that influence company performance across retail stores and use that to shortlist transactions that need further scrutiny during an external audit.
Leading Japanese Semiconductors Distributer
Automatically extract structured data from paper and fax purchase orders to minimize manual efforts and reduce costs by 75%.
Top Global Pharma
Predict bid price of generic drugs to maximize the chance of winning bids without compromising on profitability.
Mid-sized US Bank
Predict loan default risk and loan loss across assets and customer classes.
External Risk Assessment
Assessment of external risk factors to determine compliance risk for banks.
Top US Retailer
Reduce cost of manual data entry through AI automation algorithms by more than 75%.