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Fintech App Development Discover the Benefits of Using AI

Smart Data Collective

Document digitization is one of the most time-consuming tasks that finance teams face. In addition to this, often the concept of a fintech application includes fast and automatic recognition for receipts, invoices, and other financial documents to enable accurate spending tracking, KYC/AML processes, reporting, and so on.

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Data-Driven Business Applications Businesses Can’t Live Without in 2022

Smart Data Collective

With the advent of computers and the Internet, businesses have moved away from on-paper communication and documentation, but managing digital documentation is challenging for companies. In addition, they streamline the process of sharing important files and document access management within the organization.

Big Data 250
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7 Enterprise Applications for Companies Using Cloud Technology

Smart Data Collective

Companies must take advantage of the information about their customers to stay updated and respond in real-time for quick decision-making. Cloud computing ( [link] ) can be used to support real-time data streams for better business decision-making. Centralized data storage.

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Big Data Sets New Standards In Stream Processing For Emerging Markets

Smart Data Collective

Volume – Companies gather data from different sources such as business transactions, social media, and other relevant data. Variety – It means all data can be presented in a variety of formats – from structured numeric data to the unstructured ones, which include text documents, audio, video, and email.

Big Data 208
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Is Machine Learning Changing The Direction Of The Energy Sector?

Smart Data Collective

For example, platforms like Appian allow organizations to deliver modern applications that sit on top of data and existing technology systems. Everything is all paper-based, so we have to look back at all the paper documents and track back. We don’t know. No one knows. We don’t have the answers. It becomes an exercise of analysis.

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5 Reasons Data-Savvy Accountants Are Becoming Vital to Businesses

Smart Data Collective

Deloitte actually wrote a white paper on this topic , which pointed out that data analytics helps improve the decision-making infrastructure and make smarter decisions by leveraging real-time data. They can also use visual data to better conceptualize their tax situations. Dealing with Filing Issues.

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Filevine Leverages Domo to Bring Real-Time Data to Law Firms

Domo

Domo’s cloud-based platform arms Filevine customers from coast to coast with the real-time data needed to multiply their impact, infusing actionable data directly into daily decisions. As the leading legal operating system, Filevine is dedicated to empowering organizations with tools to simplify high-stakes legal work.