Planful launches native AI/ML portfolio – Accounting Today

Planful has debuted Predict: Planful, the first in a range of native artificial intelligence and machine learning products to come from the financial planning and analysis software maker.

2020 was a year of accelerated tech development and adoption, especially in the cloud, and artificial intelligence areas. This move by Planful takes advantage of a new business environment where firms need ways to be very efficient with their time while working remotely for much of it. AI with its sophisticated automation power and ability to reduce manual work over time is ripe with opportunity for accountants and their software providers.
Predict: Signals is designed to remove the need for a detailed manual review of data, ensuring forecasts are accurate and alerting the business to outliers in data. The software checks for abnormalities, identifies patterns, and augments planning and decision-making efforts with intelligent forecasts and recommendations, using a native AI/ML engine.
The new Planful Predict portfolio will expand over time to encompass a full suite of native AI/ML solutions built to enhance forecasting and aid insight-driven decisions in a smooth-flowing environment.
To learn more about the Planful Predict suite and see a demo of Predict: Signals, click here.

Source: https://www.accountingtoday.com/news/planful-launches-native-ai-ml-portfolio