Automating Accounting Workflows with GenAI

Presented by

Nick Tiscornia and Andrew Antos

About this talk

IDC estimated that the amount of data created over the next three years will be more than all the data created over the past 30 years. This is why the last few months of developments in AI, from ChatGPT to Google Bard, have been so exciting. The only way to manage the scale of this data growth in business workflows is with automation. Klarity has been at the forefront developing new ways to incorporate this technology to automate accounting and finance workflows. During this session led by Klarity’s CEO, Andrew Antos, and VP of Finance and Operations, Nick Tiscornia, we’ll see Klarity in action and highlight the newest GPT-4 features released. They’ll walk through the main finance and accounting workflows GenAI is poised to disrupt and share advice on how to make the most of this new wave of tools.

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Your deal documents are the only real source of truth for order management and revenue reporting. Klarity's AI-based software automatically reviews customer documents to extract data used for ASC 606 compliance and to validate CRM data so that accurate data goes into Billing and ERP systems. Companies like MongoDB, Coupa, and Zoom use Klarity to reduce the time spent reviewing order forms and deal docs for order management, billing, and revenue recognition by 87%.