Financial Analytics for Enterprises

Automate financial analytics and reallocate your time to what matters. Overcome manual data aggregation and eliminate error by using KNIME in FP&A, Controlling, Treasury, Tax, Audit, and Compliance.

KNIME Powers Finance Teams Across Industries

 

 

  • Automate repetitive financial analytics tasks to reduce human error and expedite reporting

  • Make more accurate forecasts and budgets using data across all your systems and teams

  • Understand revenue, spot cost reduction opportunities, and identify profitability drivers

Recommended Resources

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How Rabobank enabled 300 auditors to run anomaly detection independently
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How Siemens saved 30 hours per quarter by automating day-to-day processes
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"With its no-code visual interface, logical flow, and Excel-synonymous functions, professionals can easily leverage KNIME to automate their spreadsheet processes. KNIME provides an opportunity for Finance staff to build analytical automation tools without IT support, while remaining nimble to changes in business."

Director, CAS Finance at a leading corporate real estate firm
Automate Financial Reporting using KNIME

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Why KNIME for Finance

Scalable End-to-End Automation

Automate everything from data access and data blending to creation of custom reports, tax statements, and payables. 

Automate the last mile with deployment as a PDF report or in a BI tool of your choice with native integrations in KNIME.

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Auditability with Visual Workflows

Ensure compliance and traceability with repeatable, visual workflows where every step is transparent and self-documenting. 

Never lose the transactional level of detail, keep the overview and the drill-down when needed. Onboard new users faster with an intuitive interface and ensure at-a-glance understanding for stakeholders.

Enterprise-Scale Data Analytics Platform

Prepare for every stage of growth with no limitations on scaling. Give your teams access to all the data they need while maintaining data privacy and security. 

Share and reuse your financial analyses and deploy them on-premises or in the cloud. Deliver sophisticated ML models as data apps to enable business users to solve even the most advanced challenges in financial planning, forecasting, and strategy.

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Future-Proof with Open Source

Stay ahead of the changing landscape with constant advancements and innovation powered by a global, open-source community. 

Make the most of the ready solutions and blueprints for data aggregation, budgeting, cash flow prediction, fraud detection, automated credit approvals, and more in the KNIME Hub.

Recommended Resources

Budget Monitoring Report
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Finance Analytics Blueprints
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Automated Receivables Reporting
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