Accounting and Finance - Improve Profitability Reports

Creating financial reports, such as profit and loss (P&L) statements, is a critical daily task for many financial analysts. Accuracy of the reports are often scrutinized by external compliance regulators, potentially leading to penalties if mistakes are made.

Due to the volume of reporting required, the data gathering, compilation, and writing of the reports is a labor intensive task. Financial organizations look to automate the routine descriptive aspects of these reports to allow expert analysts to concentrate on adding explanatory insights.

Using Natural Language Generation to automate the production of commentary on profit and loss statements at a bank.