Revenue Recognition for B2B contracts with Kanbina AI.
Kanbina’s AI Machine Learning platform is designed to ensure that the necessary data integration between contracts, products, and finance ledgers, is automatically carried out, with robustness around financial control provided for by forensic level MI and analytics.
We deliver next generation automation in the revenue recognition process as our AI learns fair value, using ML and Natural Language Processing to deliver automated obligation classifications and fair value adjustments, ensuring transactions are compliant to accounting policies and standards such as IFRS 15 and ASC 606.
This solution uses machine learning based data and natural language processing.
Why use Kanbina for revenue recognition?
Automates the revenue recognition process, to speed up complex financial accounting
Automates integration between Customer, Obligation and Ledger data
Recommends the treatment of Contract obligations in line with accounting policy and standards
A practical application of natural language processing in line with AI innovation in finance