AI-Powered Finance Transformation with FINATO
Understanding the urgency of Gate Gourmet’s financial restructuring, Datamatics introduced FINATO, its AI-powered finance automation platform, to centralize and streamline AP and AR processes. FINATO’s advanced AI capabilities transformed financial workflows by automating invoice processing, optimizing approval cycles, and providing complete transaction visibility in real-time.
Through AI-driven data capture, FINATO intelligently extracted and validated financial data, reducing manual intervention and eliminating errors. Machine learning-powered reconciliation ensured that every transaction matched seamlessly, significantly accelerating financial closing cycles. Additionally, predictive analytics and intelligent dashboards enabled Gate Gourmet to gain actionable financial insights, enhancing decision-making and improving cash flow forecasting.
Datamatics implemented its intelligent workflow solution FINATO to automate the approval matrix routing for PO & non-PO invoices, thus de-bottlenecking the approval process. Earlier, the entire approval process was carried out via emails, resulting in delays. FINATO reduced the approval cycle time, improving efficiency and accelerating financial operations.
