NowVertical Unveils AI Financial Agent for NowHub!

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NowVertical Group Announces Release of New AI Financial Agent in Update to NowHub-Finance Solution

NowVertical Unveils Innovative AI Financial Agent to Revolutionize Financial Analytics

Toronto, Ontario–(Newsfile Corp. – December 17, 2024) – In a bold leap toward enhancing financial data management, NowVertical Group Inc. (TSXV: NOW), a frontrunner in AI-powered data solutions, has announced the launch of its groundbreaking AI Financial Agent, a part of the recent upgrade to its advanced analytics platform, NowHub-Finance. This significant enhancement underscores NowVertical’s dedication to rapidly transforming data into actionable business insights, ensuring that finance teams can navigate their financial landscapes more effectively.

What is NowHub-Finance?

NowHub-Finance is an extensive analytics platform designed specifically for finance departments. The platform allows seamless connectivity to over 300 data sources, enabling teams to consolidate and synthesize data for immediate, automated financial reporting. Since its inception, NowHub has catered to numerous clients in diverse sectors, including Pharmaceuticals, Retail, and Hospitality across the U.K. and Middle East, highlighting its adaptability and relevance in various industries.

The Power of Data Transformation

NowHub-Finance not only facilitates straightforward financial reporting but also encompasses advanced functionalities such as budgeting, forecasting, and “what-if” scenario analyses. These tools empower finance professionals to explore complex projections and strategies, transforming raw data into strategic advantage.

Introducing the AI Financial Agent: Your Financial Data Companion

The newly minted AI Financial Agent represents a paradigm shift in how financial teams interact with their data. Utilizing the robust infrastructure of Microsoft Azure OpenAI, this intelligent assistant enables users to engage with their financial datasets through natural language queries. This means finance professionals can now communicate with their data as if they were conversing with a colleague, dramatically simplifying the analysis process.

Unlocking Insights with Conversational AI

The AI Financial Agent makes it possible for users to ask questions about cash savings scenarios directly. For instance, a finance team member can inquire about potential savings that might have occurred in a specified timeframe if specific Travel and Expense (T&E) policies were adopted. Furthermore, this function can be replicated across multiple T&E policies, allowing executives to judiciously formulate improvements that maximize savings while mitigating disruptions to business operations.

A New Era for Financial Decision-Making

Mostafa Hashem, EVP of Product and Technology at NowVertical, praised the introduction of the AI Financial Agent, stating, “This addition elevates NowHub-Finance’s utility and intelligence level for finance teams, making it an indispensable part of their decision-making processes. By merging conversational AI with financial analytics, we unlock the true potential of financial data, thus accelerating the transformation into business value.”

Immediate Availability: No Extra Cost

For existing users, the AI Financial Agent feature is available immediately at no additional charge. This upgrade means that current clients can start to leverage this innovative AI-driven analysis without incurring extra expenses, making the transition seamless and rewarding.

Invitation to New Users: Experience the Future

New clients are encouraged to experience the capabilities of NowHub-Finance and see firsthand how it is shaping the future of financial data automation. A demonstration of the AI Financial Agent can reveal the powerful insights that can be drawn from a conversational approach to data analysis.

Empowering Companies with Data Solutions

NowVertical Group Inc. is a global player in the realm of data and analytics. Their goal is to convert complex data into practical business insights rapidly. With a vast array of solutions and services at their disposal, the company is dedicated to helping clients tap into their data’s full potential, thereby driving measurable outcomes that lead to improved ROI.

Navigating a Data-Driven Future

As industries face growing complexity and voluminous data, companies must adapt to stay competitive. NowVertical’s emphasis on AI-infused analytics places it at the forefront of developing solutions that not only meet but anticipate industry demands, enabling dynamic decision-making across organizations.

Commitment to Innovation through Strategic Growth

NowVertical continues to grow both organically and through strategic acquisitions, bolstering its technological edge and broadening its solution offerings. This expansion strategy positions the company as an influential leader in the data-driven economy.

Expert Support and Guidance

In addition to their cutting-edge technology, NowVertical provides expert support to ensure clients can maximize their usage of these innovative tools. This commitment highlights their dedication to client success in navigating the complexities of financial data analysis.

Enhanced User Experience

With the introduction of the AI Financial Agent, users can expect an enhanced experience characterized by user-friendliness and efficient navigation through their financial information. The combination of advanced analytics and AI creates an environment where finance professionals can focus on strategy rather than being bogged down by data sorting.

Catalyzing Financial Independence

By allowing finance departments to leverage AI as a collaborative partner, NowVertical is empowering these teams to make data-driven decisions autonomously. This transformation not only streamlines processes but also cultivates a culture of proactive financial management.

Conclusion: A Step Toward the Future

As NowVertical unveils its AI Financial Agent within the NowHub-Finance platform, it marks a significant milestone towards revolutionizing financial analytics. By combining conversational AI with sophisticated data analysis, NowVertical is not just enhancing its offerings; it is setting a new standard in the industry. Finance professionals now have the tools they need to turn insights into impactful strategies quickly and effectively. Moving forward, the emphasis on AI in financial analytics is bound to reshape how organizations approach their financial data and decision-making processes, paving the way for greater efficiency and innovation in the sector.

For more information about NowHub-Finance or to request a demonstration of the AI Financial Agent, please visit NowVertical’s website.

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