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Celaton partners with Aico for intelligent finance automation

Thursday 11th October, 2018

Celaton an artificial intelligence (AI) software company has announced a partnership with Aico (part of Attido Oy) to elevate intelligent finance automation. The partnership will combine Celaton’s 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.

Headquartered in Finland Aico 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.

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.

Andrew Anderson, CEO, Celaton, said, "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."

Marko Maunula, CTO, Aico, said, "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."

Aico Intelligent Automation platform is trusted by tens of thousands of users in over 100+ countries around the world. The company’s customers span from global brands to local specialists in different industries, such as utilities, retail, healthcare, construction and manufacturing.