This autonomy element of the platform is all about driving and developing a technology that can reason and make decisions on its own,” says Hagerup. The longer you use our platform, the more autonomy you get. “We present a mix augmentation and complete autonomy. In essence, the autonomy aspect involves creating AI algorithms that allow performing transactional accounting tasks and cost-side accounting autonomously by learning from clients’ data and their accounting team without human intervention. Vic.ai is an actual AI startup that delivers real AI algorithms that actually work to solve real problems,” begins Alexander Hagerup, co-founder, and CEO, Vic.ai.Īt the core, autonomy and intelligence form the two key pillars that strengthen the foundation of Vic.ai’s accounts payable automation platform. “We are not one of those companies that actually leverage tools and templates and a bunch of people in some offshore location to mimic AI. The platform empowers accountants, CFOs, controllers, and accounts payable (AP) teams with AI, reducing errors in invoice processing, approval workflows, and electronic payment processing. ai is a cloud-based platform that helps users perform accounting work more efficiently and accurately. Designed specifically for large accounting and outsourced CFO firms and corporate finance departments, Vic. Vic.ai-a true AI company from the ground up- builds AI for real-time, autonomous enterprise accounting paired with prescriptive intelligence to optimize financial decision-making and ROI. Born with a singular focus on bringing the accounting industry into the next era of intelligent accounting, Vic.ai strives to improve human performance in an industry that has been drastically underserved in technology innovation. One such company is Vic.ai-a leader in autonomous accounting and financial intelligence. However, while weaving AI heavily into their narrative, only a few companies have provided groundbreaking solutions to real problems. Despite the sharp increase in enterprise AI adoption, confusion lingers between a true AI and an AI-enabled company. Over the years, the hype around AI has become intense, and understandably so. AI and ML have become intertwined with every aspect of human lives, including business, bringing on intelligent solutions, and transforming the work processes. The world, as we know it, is living through a period of extraordinary change, and a big driver of this change is artificial intelligence (AI) and machine learning (ML). Alexander Hagerup, Co-Founder & CEO and Kristoffer Roil Nick Bostrom, a philosopher at Oxford University, said it best: “Machine Intelligence is the last invention that humanity will ever need to make.”
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