“Using A.I. To Achieve Organisational Goals”
: MyFinB develops a platform to help organisations address adverse financial variances and talent gaps
Kuala Lumpur, 4th November 2019 – MyFinB in collaboration with Total International Associates (TIA), is developing an AI-driven system that will help organisations assess and address the key risk areas across organisational functions. The system called “Global Connect Intelligence” (GCI) assesses the effectiveness of organisational, business and functional strategies.
GCI evaluates an organisation’s financial performance against its budget through variance analysis and provides a diagnosis of possible causes of the variance. The system will then link the financial performance to the HR function to evaluate the organisation’s talent gap. Through talent gap assessment, GCI will help HR functions identify weak spots of an employee and suggest improvements to meet the present and future requirements of the organisation in addition to improving work performance. This will ultimately help the organization increase productivity, increase employee retention and boosts bottom-lines.
In addition, GCI will evaluate the effectiveness of a company’s organisational structure to come up with recommendations on several structures that would be suitable for the company. GCI also comes with board reporting and board recommendations modules to assist company directors to improve on their reporting and fiduciary duties. The system prescribes action plans based on world best practises.
According to MFB’s spokesperson, ” GCI provides a 360-degree diagnosis of a company. From prescribing actions on improving financial performance to ensuring employee skills are well matched to organisational goals, the system will help the different functions of an organisation to be more aligned to the organisation’s overall business strategies.”
TIA’s spokesman also added on, “MyFinB’s platform presents a great opportunity to pick up practical, actionable ideas on how HR and AI powered tools can improve the recruiting process and lead to better hiring decisions and ultimately improve productivity within an organisation. The system ensures that the HR and Finance functions are aligned to the organisational and business strategies.”
We started MyFinB (MFB) in order to fill a big need — giving management, board and decision makers a fast and simple way to understand complex and voluminous data. We feel that in today’s space, spending money sourcing and aggregating data, spreadsheets and dashboards as mechanisms to understand data simply aren’t value for money. People want the insights and recommendations the data supports—about their operations, about their business, about their future. And, what better way to tell stories than through analytics?
That’s why MyFinB is heavily focused on creating exceptional tool driven by our proprietary natural language generation platform that transforms basic financial data into meaningful and insightful narratives people can simply read – and more importantly, MAKE BETTER DECISIONS. MyFinB enables organisations to spend less time crunching numbers and more time providing their management and other stakeholders with actionable information that, ultimately, helps them make better financial decisions.
For more details, please visit www.MyFinB.com and email: corpcomms@MyFinB.com.
ABOUT GLOBAL CONNECT INTELLIGENCE (Previously know as Total International Associates)
We strive for efficiency, do it right the first time is the motto. Integrity is core for a business entrepreneur, a professional or a young graduate joining the market place. Providing value, educate them on the fundamental values of responsibility, honesty, governance and professional skepticism are our focus.
Further information can be obtained at https://www.GCI-Sb.com/WebForm/