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Finance

AI Case Studies

British Telecom

Accounting And Reporting

British Telecom saves an estimated £100M a year using the automated contract analysis platform RAVN

Telecommunications

Dell

Accounting And Reporting

Dell reduces costs while ensuring contractual obligations are met with contract analysis automation

Technology

Stecklein & Rapp

Accounting And Reporting

Stecklein & Rapp law firm increases productivity by 20% through automation of billing tracking

Professional Services

Deutsche Bank

Accounting And Reporting

Deutsche Bank automates 30 to 70 percent of back- and mid-office processes using robotics process automation

Financial Services

UK Train Operating Companies

Accounts Payable And Receivable

UK Train Operating Companies automates 93% of claim processing and detects fraudulent payback claims for trains delayed by more than thirty minutes with 70% accuracy using machine learning

Transportation

EY

Accounts Payable And Receivable

EY develops embedded audit analytics system, Helix, to automate auditing complex transactions

Professional Services

Bank of NY Mellon Corp.

Accounts Payable And Receivable

Bank of NY Mellon reduces processing and trade entry turn around time by 88% and 66% respectively using robotic process automation.

Financial Services

Scotiabank

Accounts Payable And Receivable

Scotiabank improves payment collections of credit card customers using deep learning

Financial Services

Gullivers Travel Associates

Accounts Payable And Receivable

Gullivers Travel Associates reduces average transaction costs and invoice processing time by 74% and 86% respectively with machine learning

Consumer Goods And Services

ASOS.com

Accounts Payable And Receivable

ASOS eliminates the risk of inaccurate data entering finance systems by implementing a machine learning solution for invoice handling

Consumer Goods And Services

Government of the United Kingdom

Audit

The UK government identifies welfare and state benefits fraud with artificial intelligence

Public And Social Sector

ANZ Bank

Audit

ANZ bank identifies high risk loans and predicts customer defaults with deep learning

Financial Services

Google

Budgeting And Forecasting

Google predicts river floods and their severity using AI based forecasting models

Public And Social Sector

United Nations

Budgeting And Forecasting

The United Nations, World Bank and ICRC aim to eliminate famine using machine learning

Public And Social Sector

IBM Research

Budgeting And Forecasting

IBM Research build machine learning model to analyse migration factors for prediction with low error rates

Public And Social Sector

The New York State Department of Taxation and Finance

Budgeting And Forecasting

New York State increased its collections from delinquent revenue by 8% using reinforcement learning

Public And Social Sector

The Government of Karnataka

Budgeting And Forecasting

The Government of Karnataka will help small farmers with crop price market predictions by using machine vision to analyse satellite images

Public And Social Sector

Castle Ridge Asset Management

Budgeting And Forecasting

Castle Ridge Asset Management identifies and rebalances portfolio investments among diverse asset classes using machine learning

Financial Services

Overbond

Budgeting And Forecasting

Overbond predicts yields for new bond issues with less than 0.02 percentage point inaccuracy by using machine learning

Financial Services

Deutsche Bank

Budgeting And Forecasting

Deutsche Bank implements AI trading platform for predicting equity prices and volume

Financial Services

Wells Fargo

Budgeting And Forecasting

Wells Fargo demonstrates 88% short-term and 58% longer term recommendations accuracy using machine learning to predict stock price movements

Financial Services

Otto

Budgeting And Forecasting

Otto predicts with 90% accuracy what products will be sold within 30 days driving automated purchasing and reduction of annual returns by 2M

Consumer Goods And Services

Lennox

Budgeting And Forecasting

Lennox improves service levels by 16% and increases inventory turns by 25% with machine learning powered demand predictions

Consumer Goods And Services

Danone

Budgeting And Forecasting

Danone increased product demand forecast accuracy to 92% with a 55% improvement in net uplift from promotional events using machine learning

Consumer Goods And Services

ScriptBook

Budgeting And Forecasting

ScriptBook produces financial forecasts for films based on their scripts using machine learning and natural language processing

Consumer Goods And Services

Big River Steel

Budgeting And Forecasting

Big River Steel is predicting the availability of scrap steel using a predictive AI engine

Basic Materials

SunSelect

Budgeting And Forecasting

SunSelect enables greenhouse farmers to more accurately forecast their future harvests with machine learning

Basic Materials

TellusLabs

Budgeting And Forecasting

TellusLabs aims at providing accurate prediction of natural resources and agricultural yields with machine learning

Basic Materials

"NITI Aayog (National Institution for Transforming India), Government of India"

Budgeting And Forecasting

The National Institution for Transforming India partners with IBM to develop a crop yield prediction model using AI

Basic Materials

"US Department of Natural Resources and Environmental Sciences at the University of Illinois,"

Budgeting And Forecasting

The US Department of Natural Resources used deep learning vision analysis of satellite imagery to predict the size of soya and corn crops well before harvesting

Basic Materials

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