02 October 2018
The partnership will combine Celaton’s unique Machine Learning technology with Aico’s finance expertise to deliver a comprehensive intelligent automation solution, which will enable organisations to work faster and smarter through the automation of repetitive and labour intensive tasks.
Aico (part of Attido Oy) is an intelligent finance automation platform offering live integration into ERP systems and automation of account reconciliation, period end closing tasks, processing of general ledger journals and much more. Aico’s solutions bring up to 90% time saving compared to manual processes.
Celaton’s inSTREAM software is an enterprise-class, ready-to-deploy, machine learning platform that applies artificial intelligence, natural language processing and intelligent classification to streamline the processing of semi-structured and unstructured data that flow in to organisations every day from customers, suppliers and employees by post, paper, fax, email, attachments and many other electronic data streams.
“I am delighted that Celaton and Aico will be working together. Both companies share a passion for enabling organisations to be transformative through innovative technology solutions and enhanced efficiencies.”
Andrew Anderson, CEO, Celaton
"inSTREAM's machine learning capability to interpret different kinds of documents will open up new ways for Aico's intelligent automation platform to corporate processes and enables Aico to read content that it has not seen before."
Marko Maunula, CTO, Aico
As part of Finnish Attido Oy, Aico has been providing companies with financial automation solutions since 2008. Emerging from Scandinavia’s IT start-up scene, today, Aico is well on its way to becoming a leading intelligent automation platform provider offering intelligent automation of account reconciliation, period end closing, journals and much more.
Aico is transforming the way finance teams work, providing a superior user experience for co-operation between man and machine. Aico brings transparency and control for end-to-end financial processes and lets you connect, in real time, to all your financial resources including people, your ERP systems, and even your robots! Aico’s built in financial automation makes everyone more productive.
Aico Intelligent Automation platform is trusted by tens of thousands of users in over 100+ countries around the world. Company’s customers span from global brands to local specialists in different industries, such as utilities, retail, healthcare, construction, manufacturing, and many more.
Headquartered in Espoo, Finland, Aico’s team of professionals alongside selected partners in Europe are transforming the way of working in financial departments.
More information about Aico: https://www.aico.ai
Celaton’s Artificial Intelligence Technology enables organizations to deliver better customer service, faster. Founded in 2004 and based in the UK, Celaton leads the way in the creation and application of AI to streamline labour, intensive clerical tasks and decision-making in the processing of unstructured unpredictable content that organizations and governments receive by email, attachments post, paper, fax and social media streams on a daily basis.
It’s AI , but to Celaton’s customers it’s the best knowledge worker they ever hired and it means better customer service, compliance and financial performance and it’s the reason why Celaton was named 'Cool Vendor' for Smart Machines 2016 by Gartner and named a Queen's Award for Enterprise in Innovation winner 2017.