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How Lucky is a Bowl of Lucky Charms? | by G. Jay Kerns | Mar, 2024

Data ScienceFebruary 18, 202595Views 0Likes 0Comments

tl;dr version: A team of students helped design and carry out an experiment to determine whether bowls of Lucky Charms are equally “lucky” over the course of a box of cereal. Turns out, not so much. We estimate a decrease of approximately 2.7 total charms per additional bowl on average. This corresponds to more than…

AI Automation for Accounting in 2024

UncategorisedFebruary 18, 2025103Views 0Likes 0Comments

Written by Rohan Handa Published: Mar 15, 2024 Updated: Mar 15, 2024 7 min read Today,…

What is two-way matching?

UncategorisedFebruary 18, 2025117Views 0Likes 0Comments

Accounting in any company involves dealing with invoices every month. One of the most challenging tasks while dealing with them is the verification of these invoices. All invoices received by a company for products or services that have been purchased from a vendor must be checked for accuracy before payment is initiated. For…

Top 10 OCR for Invoices in 2024

UncategorisedFebruary 18, 202598Views 0Likes 0Comments

Managing invoices efficiently is integral for businesses to maintain smooth cash flows and accurate financial records. Optical Character Recognition (OCR) technology has emerged as a crucial tool, enabling organizations to streamline invoice processing, enhance accuracy, and accelerate financial workflows. By automating data extraction from invoices, OCR software significantly reduces the burden of manual data entry,…

Sample Employee Business Expense Policy Template

UncategorisedFebruary 18, 202586Views 0Likes 0Comments

Imagine discovering that a simple oversight in managing business expenses led to a small fortune being unwittingly spent on avoidable costs. This isn't just a hypothetical scenario; it's a reality for organizations that overlook the strategic importance of a meticulously designed expense policy. In this piece, we'll provide an expense policy template designed to…

Nanonets Raises $29 Million to create Autonomous AI Agents for business workflows

UncategorisedFebruary 18, 202583Views 0Likes 0Comments

We’re super thrilled to announce that we’ve raised $29 million in our Series B funding round led by Accel India in our journey to reimagine how businesses manage workflows! The funding round also saw participation from existing investors Elevation Capital, YCombinator and others. This takes the total funding raised till date to $42M. Where…

What is Record-to-Report (R2R Process) in Finance?

UncategorisedFebruary 18, 2025202Views 0Likes 0Comments

Record-to-Report (R2R) is a critical finance management process in corporate finance, which focuses on collecting, processing, and delivering accurate financial data. This process encapsulates everything from recording financial transactions to the preparation and reporting of financial statements and performance reports that stakeholders use to make key decisions. For businesses, R2R is not merely a regulatory…

Python Enum: How To Build Enumerations in Python

Data AnalyticsFebruary 18, 2025113Views 0Likes 0Comments

Image by Author If you’ve programmed in a language like C++ or Java, you’ve likely used enums to create named constants. Enums are helpful when you have a variable that takes one of a fixed number of values—often related such as the days of the week, student grades, order status, and the like.…

Revolutionizing Robotic Surgery with Neural Networks: Overcoming Catastrophic Forgetting through Privacy-Preserving Continual Learning in Semantic Segmentation

AI NewsFebruary 18, 2025113Views 0Likes 0Comments

Deep Neural Networks (DNNs) excel in enhancing surgical precision through semantic segmentation and accurately identifying robotic instruments and tissues. However, they face catastrophic forgetting and a rapid decline in performance on previous tasks when learning new ones, posing challenges in scenarios with limited data. DNNs’ struggle with catastrophic forgetting hampers their proficiency in recognizing previously…

Using Causal Graphs to answer causal questions | by Ryan O’Sullivan | Jan, 2024

Data ScienceFebruary 18, 2025107Views 0Likes 0Comments

Causal AI, exploring the integration of causal reasoning into machine learning This article gives a practical introduction to the potential of causal graphs. It is aimed at anyone who wants to understand more about: What causal graphs are and how they work A worked case study in Python illustrating how to build causal graphs How…