AICY, which operates finex, announced on the 27th that it signed a memorandum of understanding (MOU) for business cooperation with JNC Systems, a digital transformation solution specialist, and decided to develop a corporate financial management DX (digital transformation) service through mutual cooperation.
Through this MOU, the two companies plan to launch a comprehensive financial management DX (digital transformation) product to improve work efficiency and create a more convenient work environment for corporate finance teams/accounting teams/accountants by combining the Finex service operated by IC with the enterprise RPA (Robotic Process Automation, rule-based automation of simple/repetitive tasks) service owned by JNC Systems.
With the integration of various financial management automation functions of Finex into the PRA module of JNC Systems, companies considering DX (digital transformation) can more conveniently utilize the KPI budget management function including real-time financial analysis and financial indicator management using financial AI technology.
In addition, various automatic journalization functions such as automatic journalization of bankbook deposits and withdrawals, automatic journalization of purchase/sales tax invoices, and automatic journalization of credit card usage history are added to the existing RPA. In addition, automatic journalization is performed after automatic recognition of receipt image data using the OCR function.
Through this, Finex expects that it will help companies reduce operating costs, improve financial productivity and accuracy, and build data-based management support systems.
“Finex and JNC Systems have come together to enable companies to manage their corporate finances more accurately and effectively by using financial automation tools that are much more powerful than what they have now,” said IC Lee Bom, CEO. “We plan to launch the service as a subscription service in the near future, making it available at a relatively low cost.”
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