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Retail
Working in a finance team at a retail company, you are essential in enabling data driven decisions, identifying cost savings opportunities, and improving efficiency within financial processes. Here are Arcanum’s intelligent finance solutions to enable you to get these important tasks done more efficiently, effectively and confidently.
Intelligent Financial Analysis & Reporting
Arcanum makes it even easier to support data driven decision making, risk management, and identifying growth opportunities for your retail company. The Financial analysis and reporting workflow uses your financial accounts data to automatically generate insights including opportunities for cost saving, financial risks and cash flow management insights.
Simply choose which area you want to focus on, and then generate a GPT powered report written for the easy understanding of non-financial team members such as stakeholders or investors. You can customise your output to focus insights on; Overall financial position, Risks and vulnerabilities, Opportunities and strengths, Cash flow management, Sales and income.
Intelligent end-to-end Automated Invoice Processing
The next generation of invoice processing utilises AI to do the work for you. Easily extract key information from a variety of invoice types - with no set-up or templating required. Arcanum can help automate this process end-to-end, reducing the amount of time and effort required to process invoices. You can connect to your accounting software directly within the platform to enable new invoices to be automatically processed (without needing to set up any templates), and then have the information sent directly to your desired location.
Automated AP reconciliation & Email Generation
Arcanum automates the painful process of finding matching and mismatched invoices and produces a reconciliation status report. It also saves hours of time by generating custom draft emails to be sent out for reconciliation to vendors such as suppliers and freight carriers. Simply upload your invoice and PO data, and then select the tone of voice the emails are written in to be able to copy, paste and send! The draft emails are personalised and include all details needed for payment approval.
Automated financial reporting
Discover more about Arcanum's intelligent automated financial reporting solution.
Automated reconciliation
Discover more about Arcanum's intelligent automated reconciliation solution.
Automated invoice extraction
Discover more about Arcanum's intelligent automated invoice processing solution.