NowVertical Group Announces Release of New AI Financial Agent in Update to NowHub-Finance Solution
NowVertical Group (TSXV: NOW) has announced the release of a new AI Financial Agent as part of its NowHub-Finance solution update. The platform, which already serves half a dozen clients in Pharmaceuticals, Retail, and Hospitality sectors across the U.K. and Middle East, connects to over 300 data sources for automated financial reporting.
The new AI Financial Agent, powered by Microsoft Azure OpenAI, enables natural language interactions with financial data, allowing users to analyze scenarios such as potential Travel and Expense (T&E) policy impacts on cash savings. This feature is immediately available to existing users at no additional cost as part of the latest platform update.
NowVertical Group (TSXV: NOW) ha annunciato il rilascio di un nuovo Agente Finanziario AI come parte dell'aggiornamento della sua soluzione NowHub-Finance. La piattaforma, che già serve una mezza dozzina di clienti nei settori Farmaceutico, Retail e Ospitalità nel Regno Unito e in Medio Oriente, si collega a oltre 300 fonti di dati per la reportistica finanziaria automatizzata.
Il nuovo Agente Finanziario AI, alimentato da Microsoft Azure OpenAI, consente interazioni in linguaggio naturale con i dati finanziari, permettendo agli utenti di analizzare scenari come l'impatto delle politiche di Viaggio e Spese (T&E) sui risparmi di cassa. Questa funzione è immediatamente disponibile per gli utenti esistenti senza alcun costo aggiuntivo come parte dell'ultimo aggiornamento della piattaforma.
NowVertical Group (TSXV: NOW) ha anunciado el lanzamiento de un nuevo Agente Financiero AI como parte de la actualización de su solución NowHub-Finance. La plataforma, que ya atiende a una media docena de clientes en los sectores de Farmacéutico, Comercio Minorista y Hospitalidad en el Reino Unido y Medio Oriente, se conecta a más de 300 fuentes de datos para la elaboración de informes financieros automatizados.
El nuevo Agente Financiero AI, impulsado por Microsoft Azure OpenAI, permite interacciones en lenguaje natural con los datos financieros, permitiendo a los usuarios analizar escenarios, como el impacto de las políticas de Viajes y Gastos (T&E) en los ahorros de efectivo. Esta función está disponible de inmediato para los usuarios existentes sin costo adicional como parte de la última actualización de la plataforma.
NowVertical Group (TSXV: NOW)는 NowHub-Finance 솔루션 업데이트의 일환으로 새로운 AI 금융 에이전트의 출시를 발표했습니다. 이 플랫폼은 이미 영국과 중동의 제약, 소매 및 환대 부문에서 반팔 수의 고객에게 서비스를 제공하고 있으며, 300개 이상의 데이터 소스에 연결하여 자동화된 재무 보고서를 지원합니다.
Microsoft Azure OpenAI의 지원을 받는 새로운 AI 금융 에이전트는 자연어로 재무 데이터와 상호작용할 수 있게 하여 사용자가 여행 및 비용(T&E) 정책이 현금 절약에 미치는 잠재적 영향을 분석할 수 있도록 합니다. 이 기능은 최신 플랫폼 업데이트의 일환으로 기존 사용자에게 추가 비용 없이 즉시 제공됩니다.
NowVertical Group (TSXV: NOW) a annoncé le lancement d'un nouvel Agent Financier AI dans le cadre de la mise à jour de sa solution NowHub-Finance. La plateforme, qui sert déjà une demi-douzaine de clients dans les secteurs Pharmaceutique, Retail et Hôtellerie au Royaume-Uni et au Moyen-Orient, se connecte à plus de 300 sources de données pour des rapports financiers automatisés.
Le nouvel Agent Financier AI, alimenté par Microsoft Azure OpenAI, permet des interactions en langage naturel avec les données financières, permettant aux utilisateurs d'analyser des scénarios tels que l'impact potentiel des politiques de Voyage et Dépense (T&E) sur les économies de trésorerie. Cette fonctionnalité est immédiatement disponible pour les utilisateurs existants sans coût supplémentaire dans le cadre de la dernière mise à jour de la plateforme.
NowVertical Group (TSXV: NOW) hat die Einführung eines neuen KI-Finanzagenten als Teil des Updates seiner NowHub-Finance-Lösung bekannt gegeben. Die Plattform, die bereits ein halbes Dutzend Kunden in den Bereichen Pharma, Einzelhandel und Gastgewerbe im Vereinigten Königreich und im Nahen Osten bedient, verbindet sich mit über 300 Datenquellen für automatisierte Finanzberichte.
Der neue KI-Finanzagent, unterstützt von Microsoft Azure OpenAI, ermöglicht natürliche Sprachinteraktionen mit Finanzdaten, sodass Benutzer Szenarien wie die potenziellen Auswirkungen von Reisekosten (T&E) Richtlinien auf Ersparnisse analysieren können. Dieses Feature steht bestehenden Benutzern ohne zusätzliche Kosten sofort als Teil des neuesten Plattform-Updates zur Verfügung.
- Integration of new AI Financial Agent at no additional cost to existing clients
- Platform already has established client base across multiple industries
- Partnership with Microsoft Azure OpenAI for secure AI capabilities
- Platform connects to over 300 data sources
- current client base (only half dozen clients)
- Geographic presence restricted to UK and Middle East
Toronto, Ontario--(Newsfile Corp. - December 17, 2024) - NowVertical Group Inc. (TSXV: NOW) ("NowVertical" or the "Company"), a leader in AI-driven data solutions, announces the release of its new Artificial Intelligence ("AI") Financial Agent as part of the latest update of its NowHub-Finance solution, an end-to-end analytics platform tailored for finance teams. This major AI based feature upgrade reinforces NowVertical's commitment to transforming data into business value - fast. The Company's proprietary NowHub platform, which has already half a dozen clients in the Pharmaceuticals, Retail and Hospitality industries in the U.K. and Middle east is even more relevant to clients by taking advantage of the latest AI technologies.
NowHub is NowVertical's proprietary analytics platform, purpose-built to ingest data and deliver actionable insights. With NowHub-Finance, finance departments seamlessly connect to over 300 data sources, transforming and consolidating data for instant, automated financial reporting. The platform supports a wide range of applications, from standard financial reporting to advanced budgeting, forecasting, and "what-if" scenario analysis.
AI Financial Agent: Chat with Your Financial Data
The newly launched AI Financial Agent integrated into the platform transforms the way finance professionals engage with their data. Leveraging the secure and robust capabilities of Microsoft Azure OpenAI, this intelligent assistant allows users to interact directly with their financial data through natural language conversations. The AI Financial Agent offers clients a level of flexibility and insight that simplifies complex data analysis and drives smarter, faster decision-making. For example, a finance professional can now simply query the agent to ask what cash savings could be realized in a given period had the client undertaken certain Travel and Expense ("T&E") policies, this action can be replicated for a number of potential T&E policy options, allowing executives to craft more effective policies, which would maximize cash savings, but minimize business disruptions.
"The addition of our AI Financial Agent brings NowHub-Finance to a new level of utility and intelligence for finance teams, enhancing the solution's value to our clients and becoming an indispensable part of their decision-making processes," said Mostafa Hashem, EVP of Product and Technology. "By integrating conversational AI with financial analytics, we're enabling finance teams to unlock the full potential of their data, allowing them to transform their financial data into business value, fast with AI."
Availability
The AI Financial Agent is available immediately as part of NowVertical's, NowHub-Finance latest platform update at no additional cost. Existing users can access this feature to start benefiting from interactive AI-driven financial analysis, and new customers are invited to experience how NowHub-Finance is shaping the future of financial data automation.
For more information about NowHub-Finance or to request a demonstration of the AI Financial Agent, please visit https://www.nowvertical.com/NowhubFinance.
About NowVertical Group Inc.
The Company is a global data and analytics company which helps clients transform data into tangible business value with AI, fast. Offering a comprehensive suite of solutions and services the Company enables clients to quickly harness the full potential of their data, driving measurable outcomes and accelerating potential return on investment. Enterprises optimize decision-making, improve operational efficiency, and unlock long-term value from their data using the Company's AI-Infused first party and third-party technologies. NowVertical is growing organically and through strategic acquisitions. For further details about NowVertical, please visit www.nowvertical.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For further information, please contact:
Andre Garber, CDO
IR@nowvertical.com
Nikhil Thadani, Investor Relations and Communications
nik@sophiccapital.com
t: (289) 667-1977
Cautionary note regarding Forward-Looking Statements
This news release contains forward-looking information and forward-looking information within the meaning of applicable Canadian securities laws (together "forward-looking statements"), including, without limitation: expectations regarding the utility of the NowHub platform, the utilization of AI Financial Agent and the associated results on NowVertical's business, finances and operations. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, and contingencies. Forward-looking statements generally can be identified by the use of forward-looking words such as "may", "should", "will", "could", "intend", "estimate", "plan", "anticipate", "expect", "believe" or "continue", or the negative thereof or similar variations. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause future results, performance, or achievements to be materially different from the estimated future results, performance or achievements expressed or implied by the forward-looking statements and the forward-looking statements are not guarantees of future performance. Forward-looking statements are qualified in their entirety by inherent risks and uncertainties, including: adverse market conditions; risks inherent in the data analytics and artificial intelligence sectors in general; regulatory and legislative changes; that future results may vary from historical results; inability to obtain any requisite future financing on suitable terms; any inability to realize the expected benefits and synergies of acquisitions or dispositions; that market competition may affect the business, results and financial condition of the Company and other risk factors identified in documents filed by the Company under its profile at www.sedarplus.ca, including the Company's management's discussion and analysis for the year ended December 31, 2023. Further, these forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, the Company assumes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/234093
FAQ
What new features does NowVertical's (NOWVF) AI Financial Agent offer?
How many data sources can NowHub-Finance connect to?
Is there an additional cost for existing NowHub-Finance users to access the new AI Financial Agent?
In which regions and industries does NowVertical (NOWVF) currently operate?
