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    AI Driven Finance Analytics , A new age for Finance modernization , revealed by Soumit Roy , Leading Data and AI leader

    Lakisha DavisBy Lakisha DavisMarch 18, 2020Updated:January 11, 2024
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    AI Driven Finance Analytics , A new age for Finance modernization , revealed by Soumit Roy , Leading Data and AI leader
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    Soumit Roy, a distinguished leader in data analytics and AI, has achieved a remarkable feat by developing an expansive and sophisticated data warehouse and finance analytics platform for a Multinational construction company. This achievement showcases Soumit’s commitment to leading-edge developments in data analytics and financial management, blending technical expertise with innovative foresight.

    Seasoned AI Leader

    As a seasoned leader in AI and data, Soumit  is renowned for leveraging data-driven insights to enhance business processes, decision-making, and revolutionize finance analytics. His latest project, a comprehensive data warehouse and finance analytics platform, signifies a major leap in the field.

    The platform features a vast collection of data from multiple sources, meticulously organized and processed for actionable insights. It covers various financial data, performance metrics, expenses, receivables, and other finance-related metrics, offering organizations a complete view of their financial operations.

    Novel way to Implement.

    Soumit said that “Transitioning from one cloud landscape to another often means starting a new Implementation, a process burdened by a lack of documentation and understanding of the previous system”. To address this, he developed a framework to ease cloud migration for companies.

    This finance analytics platform simplifies modernization and migration by reducing complexity. It includes prebuilt data models and efficient data pipelines for data extraction from various sources like EBS, PeopleSoft, and Fusion, enhancing its usability and effectiveness by 30-40%.

    360 Degree insight with predictive capabilities

    A key feature of Soumit’s solution is its advanced analytics capability, powered by cutting-edge machine learning algorithms and robust data visualization tools. These tools empower finance professionals and business leaders to derive deep insights from large datasets, leading to well-informed decisions that improve financial engagement, AR reconciliation, and optimize cash flow, expenses, and asset management.

    The platform’s analytics are built on advanced machine learning algorithms, capable of processing large data volumes swiftly and accurately. This analytical depth helps finance professionals and leaders to make strategic decisions aligned with organizational goals.

    The product’s analytics capabilities are highly efficient, saving an estimated 1 million in effort for each project involving analytics platform modernization. This efficiency underscores the product’s role in transforming analytics platform modernization.

    Embarking on a Journey into the AI-Powered Era

    In summary, Soumit’s solution is distinguished by its advanced analytics, machine learning, and data visualization, providing finance professionals and leaders with insightful data for informed decision-making. It adheres to top industry standards for data security and compliance.

    Experts in the field, including Arnab Sarkar, a renowned Finance data leader, have praised Soumit Roy’s approach as transformative in data analytics applications in addressing contemporary challenges through data analytics and AI.

    Soumit’s commitment to innovation extends beyond his technical accomplishments, encompassing collaboration and knowledge sharing within the finance and analytics communities. His contributions are acknowledged for reshaping the future of finance and business management. The introduction of this comprehensive finance analytics solution signifies a noteworthy milestone in Soumit’s journey as a pioneering leader in data analytics technology.

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    Lakisha Davis

      Lakisha Davis is a tech enthusiast with a passion for innovation and digital transformation. With her extensive knowledge in software development and a keen interest in emerging tech trends, Lakisha strives to make technology accessible and understandable to everyone.

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