Tangentia ICAI Offer
ICAI Fintech Conclave 2024 | Toronto | 15th June 2024
Tangentia was proud to participate in the ICAI Toronto Chapter's Fintech Conclave, where we showcased our cutting-edge automation solutions tailored for finance and accounting teams. Our founder and CEO, Vijay Thomas, delivered an insightful presentation on the theme of “Finance-Led Digital Transformation," highlighting the transformative potential of AI and automation in the financial sector.
Tangentia's presentation focused on how Tangentia's automation solutions can streamline various finance and accounting functions, driving efficiency and accuracy while reducing manual effort and errors. Key areas covered included:
- Procure-to-Pay (Accounts Payable): Automation of vendor setup, purchase order creation, invoice validation, and payment processes. This not only speeds up transactions but also ensures compliance and reduces the risk of errors.
- Order-to-Cash (Accounts Receivable): Streamlined processes for new customer setup, sales order processing, invoice creation, collections, and payment processing, leading to faster cash flow and improved customer satisfaction.
- Record to Report: Enhanced efficiency in reconciliations, manual journal entries, intercompany settlements, and regulatory reporting. Automation ensures data accuracy and compliance with financial regulations.
- Treasury Operations: Improved cash position reporting, cash flow forecasting, and risk management through automated data consolidation and analysis.
- Tax Operations: Automation of tax filings, provisioning, compliance, and calculations, which simplifies complex tax processes and ensures timely and accurate submissions.
- Financial Planning & Analysis: Automated budgeting, forecasting, variance analysis, and management reporting. This enables finance teams to make data-driven decisions and provide strategic insights.
The Future of Finance
The future of finance is autonomous. With the integration of AI-powered automation and connected data, up to 80% of traditional finance tasks can be automated. Tangentia is at the forefront of this transformation, offering solutions that not only enhance efficiency but also provide meaningful insights through connected data.
Success Stories
Tangentia has a proven track record of successful implementations across various industries:
- Symphony: Reduced invoice processing time from 250+ hours to just 2.5 hours per month with 99% accuracy.
- Canopy Growth: Automated the complex customer onboarding process, handling 500 medical documents daily with high accuracy.
- RBC Digital Group: Facilitated multiple high-profile releases of mobile and web applications, enhancing customer experience and operational efficiency.
With over 20 years of experience, Tangentia specializes in co-creating innovative technology solutions. Our global presence allows us to respond quickly to client needs, and our expertise spans various industries, ensuring that we can address unique business challenges effectively.
Tangentia's participation in the ICAI Toronto Chapter's Fintech Conclave underscored our commitment to driving digital transformation in the finance and accounting sectors. Our automation solutions empower organizations to achieve higher efficiency, accuracy, and strategic insights, paving the way for an autonomous future in finance.
