Manageboard Launches AI-Powered Performance Agent

Money Forward Consulting Co., Ltd., a group company of Money Forward, Inc., has launched the “Performance Analysis Agent,” an AI agent, for its management platform “Manageboard.” This agent automates the breakdown and aggregation of account items, which was previously done manually, and supports significant efficiency improvements in monthly closing operations and faster management decision-making.

“Performance Analysis Agent” is an AI agent that streamlines the monthly financial statement preparation, reporting to management, and monthly review tasks for clients performed by corporate accounting staff, business planning staff, and accounting firm staff. With a single click on the ledger screen, the AI ​​automatically analyzes vast amounts of journal entry data and displays a breakdown by category and aggregated results.

This will significantly reduce the time-consuming data aggregation process, allowing staff to focus on their core responsibilities such as analysis and improvement proposals.

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In today’s rapidly changing business environment, rapid management decision-making based on budget-to-actual comparisons is essential. However, compiling the necessary performance data involves the tedious task of manually reviewing vast amounts of accounting data and using spreadsheet software, placing a significant burden on employees. This manual compilation process leads to reliance on individual employees and increases the risk of errors. Furthermore, it can delay management decisions by preventing immediate answers to unexpected questions from management, requiring subsequent investigations and reports.

This agent solves these problems through AI-powered automated aggregation and analysis functions. Furthermore, we plan to sequentially implement multifaceted analysis functions, such as time-series comparisons, in the future.

We will continue to provide AI agents across a wide range of back-office areas and evolve our products to enable AI to perform tasks autonomously, thereby contributing to our users’ business growth through automation.

SOURCE: PRTimes