Fintech
Aspire launches AI suite to improve corporate financial management
Of Fintech News Singapore
June 3, 2024
B2B fintech company based in Singapore Aspire he threw “Aspire AI” a suite of AI-powered capabilities aimed at improving real-time analytics and financial process automation for businesses.
The new features include significant updates to Aspire’s analytics dashboard, allowing businesses to make data-driven decisions in real time.
Key improvements such as automatic expense coding, automated month-end closing, and instant receipt matching are set to reduce the manual workload for finance teams.
Aspire AI also offers advanced security features, including smarter fraud detection and automatic card freezing at the first sign of irregular activity.
Additionally, “Aspire AI Assistant,” powered by OpenAI and currently in beta, offers an intuitive chat-to-action interface.
Users can issue commands such as “Create a card for Jack in the travel budget” or “Add Jill to the team bonding budget,” enabling real-time automation of financial workflows and saving time.
Andrea Baronchelli
“Our goal is to make financial management as simple and intuitive as possible for all types of businesses across Asia. The launch of “Aspire AI” represents a significant step towards achieving this goal.
Artificial intelligence continues to be a key driver of innovation, and by leveraging these technological capabilities, we can provide companies with real-time financial information, so founders and entrepreneurs can make faster, more informed business decisions than previously. past, where financial data may have taken several quarters to collect.”
said Andrea Baronchelli, co-founder and CEO of Aspire.
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