Financial review is a complex judgment and decision-making process, which cannot be realized by traditional technology. It requires the ability to model, judge, and make decisions similar to human brain decision-making. The core concept of Lingcai's smart audit solution is to use rule automation to solve people's problems.
has been deeply involved in the financial field for many years, and has in-depth insights into the business links of the financial sharing center . We found that there are many problems such as manpower and efficiency, which have greatly affected the efficient operation of the financial sharing center, financial strategy management and financial data Value enhancement.
In 2015, Lingcai Technology independently developed and launched an intelligent audit solution to automate the entire accounting audit process. And the effectiveness of financial risk control to achieve cost reduction and efficiency increase and intelligent risk control.
runs through the entire accounting process to achieve a senseless audit
Lingcai's smart audit solution provides one-stop, end-to-end services from smart to bill of lading , smart preliminary review, smart review, and smart accounting. The whole process of accounting work.
Specifically, Lingcai's smart audit solutions include , which replaces the human eye to obtain data "Wise View", "Wise Review" which simulates human brain review and judgment, and completes the profession through machine learning intelligent modeling "Smart calculation" for bookkeeping. In the complex financial business scenarios of medium and large enterprises,By effectively combining different technologies, Lingcai Technology enables machines to surpass human level to carry out financial work efficiently.
Intelligent audit solution, directly replacing the accounting audit post
Lingcai Technology’s products are significantly different from traditional financial software: the essence of traditional financial software is a tool to serve financial personnel, and it is more process-oriented And the realization of functions, such as the expense control system, the core solution is the process management of employee application and leadership approval. The difference between Lingcai's smart audit solution is:
1: Directly replace the accounting staff to complete the audit and bookkeeping work , which provides a one-stop service that completely replaces labor;
2 : The range of financial documents processed is comprehensive. The audit function of traditional expense control software can only identify standardized invoices, but non-invoice documents account for more than 50% of the financial original documents of large and medium-sized enterprises. The intelligent audit solution of Lingcai can complete about 400 types of enterprise documents. Audit accounting;
3: The scope of audit rules covers a wide range. In addition to common invoice authenticity audits, it also includes authenticity, completeness, and compliance audits of all business matters, as well as risk audits, internal control audits, and receipts and payments audits. At present, the product has accumulated more than 5,000 audit rules and more than 100 million accounting rules through machine learning, of which about 80% are applicable to various industries.
Lingcai’s smart auditing solution "three axes"
1. Huikan: 100% data structuring of 100% note types
The biggest pain point in the digitalization of corporate finance is:How to simulate the human brain to obtain data, store data, and make judgments? The data in the expense control system and the ERP system is structured data and can be used directly; however, paper or image-based financial original documents are unstructured and need to be converted into structured data.
Therefore, how to obtain structured data has become a key link in achieving financial digitization. The financial scene of the enterprise is more complicated, with a large number of non-standard paper documents. In order to achieve all the structural goals of the document, some data that cannot be solved by intelligent identification need to be manually supplemented to ensure data integrity.
The data extraction module of Lingcai uses the OCR technology independently developed by , which plays an important role in saving costs for enterprises.
Li Xianlin, Chief Accountant and General Counsel of China Railway Tunnel Bureau Group Co., Ltd. mentioned in the article "Smart Finance in the Post-Sharing Era" published by the "Chinese Chief Accountant Magazine" that the identification capabilities of OCR services Cost and cost are the key points that enterprises first consider in the selection of intelligent document examination technology.
"Intelligent document review involves a large amount of unstructured information conversion, which requires OCR recognition and document parsing technologies similar to the human eye viewing ability. In addition to the recognition of common invoices, itinerary notes and other common notes, it also includes Bank receipts, administrative bills and other multi-style bill recognition, and more importantly, , a large number of self-made vouchers such as statement, issuance sheet, payment application, etc. ,The 50 business scenarios of the China Railway Tunnel Bureau involve more than 30 self-made certificates. This puts forward higher requirements for open recognition models and machine learning capabilities. If it is a third-party technology, it may involve a lot of follow-up costs. Choosing a R&D party with independent OCR R&D capabilities is very important to save costs. ” —— Li Xianlin, Chief Accountant and General Counsel of China Railway Tunnel Bureau Group, "Smart Finance in the Post-Sharing Era"
The basic technical architecture of Lingcai's rule engine "Huishen" adopts a low-coupling, version-managed rule storage method, which can effectively guarantee the performance and efficiency of robots during the execution of a large number of businesses and rules. At the same time, Lingcai's independent research and development of the visual configuration interface for the configuration, maintenance methods and capabilities of the rules allows enterprises to adjust the rules independently and conveniently.
The automated audit of Lingcai's rules includes six audit contents: authenticity audit, integrity audit, risk audit, compliance audit, internal control audit, receipt and payment audit.
Based on the structured data obtained, can automate 5000+ financial audit rules. In a customer intelligent audit project, directly reuses the total number of rules built in the Lingcai rule automation module up to 80%,The remaining 20% use personalized configuration , which greatly shortens the project launch cycle and solves the problem of frequent changes or additions to the rules that prevent technical personnel from following up the development in time.
customer testimony: "The choice of smart audit is a manifestation of shared genes. Because in the process of financial sharing construction, continuous innovation and change are required, and Lingcai smart audit has brought us very significant The effect of increased by 23.2%, but it released 20% of the auditors . It not only promoted the realization of employees’ personal value, but also greatly improved the efficiency of audits and reduced errors. The most worth mentioning is that intelligent audit improves the standardization of document review solves a major problem that enterprises have faced for many years, that is, different personnel reviewing the same document will have inconsistent audit standards and calibers. " —— the person in charge of the financial sharing center of a large group
3. Smart calculation: machine learning training rules to achieve smart accounting
usually after the completion of some complex smart audits The accounting of the financial scene still requires manual judgment. Therefore, Lingcai AI's intelligent technology module "Hui Shou" uses machine learning to train rules and realize smart bookkeeping.
machine learning process of ,It is to construct the data first, then sort out the accounting rules from the historical data, establish this rule in a technical way, and directly generate the code to realize automatic judgment.
Lingcai AI's intelligent technology module "Hui Shou" is different from traditional hard-coded software programs that solve specific tasks. It uses a large amount of data for training and learns how to handle new tasks from the data through various algorithms.
Financial Shared Service Center, as the precipitation center of enterprise data, has massive data resources. Lingcai Technology applies artificial intelligence technology to the financial field, through the cooperation of neural network and data training set, to find scene needs from financial data Rules, make relevant decisions and judgments in financial work.
Lingcai Technology applies it to business scenarios such as accounting account accounting, bank flow judgment, and auxiliary bill of lading, and uses data to train experienced "old accountants".
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