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.
More success stories
Deutsche Telekom
How Deutsche Telekom automated month-end closing procedures
ING
Why ING upskilled auditors to use KNIME for data analytics & process mining
Rabobank
How Rabobank got 300 auditors to run anomaly detection independently
As auditors, sometimes we audit a part of the business and we see that they're using an Excel spreadsheet. Automatically the flags go up. The nice thing about KNIME is that you can program things, set it from start to finish, and you can get rid of that Excel risk.
Hassan Jan, Senior Manager Internal Audit, Fidelity Canada
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.
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 financial analyses and deploy them on-premises or in the cloud.
- Deliver sophisticated machine learning models as data apps to enable business users to solve even the most advanced challenges in financial planning, forecasting, and strategy.
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-made solutions and blueprints for data aggregation, budgeting, cash flow prediction, fraud detection, automated credit approvals, and more in the KNIME Community Hub.
