Artificial Intelligence (AI) is a powerful tool that is widely deployed in financial services. It has a great potential for positive impact if companies deploy it with sufficient diligence, prudence, and care. AI in financial services enhances efficiency and productivity through automation; reduces human biases and errors caused by psychological or emotional factors and improves the quality and conciseness of management information by spotting either anomalies or longer-term trends that cannot be easily picked up by current reporting methods. V2R Limited is one such company delivering financial services powered by AI.

V2R Limited's services include financial accounting, accounts payable, accounts receivable, payroll, procurement processes, management accounting, program projects. Its management as a service utilizes specialist skills as and when needed to reduce the delivery costs, turnaround, and recovery, support businesses to stabilize through their approach, enable them to grow back to previous levels and beyond.

The Journey from Inception till Today

Registered by the UK in May 2018, V2R was originally set up as a business support service in finance and project management but the company took an ethical stand to support start-ups and SME's globally by developing startup programs and offering one-stop-shop into the only digital ecosystem platform any business needs.

The Visionary Leaders

The new company's vision is co-created by Stephane Metral and Paul Young who are offering a wide array of creating innovative solutions crafted together in a constantly evolving Unified solutions platform. Stephane is the digital ecosystem architect behind the platforms made available to enable embryonic and new companies to have the tools all in one place to manage and run their business at an easily affordable cost.

In addition, the company's business support services give assurance in specialist areas such as finance. Paul is a talented, value-driven professional who is a visionary and strategic leader with the ability to translate business strategies to realize and maximize outcomes always with the best interests of all stakeholders. He is an expert in delivering a positive change through a collaborative program approach, focused on people followed by process and technology. He possesses strong financial and IT expertise including budgeting, analysis, ERP delivery, and architecture design. He is also very much of a people person; a qualified Servant Leadership Coach ensuring alignment of values with goals and empowering people to live their life and enjoy their work. Paul has been a proven deliverer of significant efficiencies whilst maintaining quality.

Paving the Way to Innovation

V2R's solutions & services are using AI/ML and RPA at their core, not theoretical but actual application of these tools to support businesses to manage and make better decisions.

An example would be the use of AI/ML in sales lead generation supports businesses to better identify their ideal client. Or leave management approvals, any human-made decision that can be modeled & designed.

The platforms & solutions are constantly learning and using flow charts & mind map tools to convert this mindful thought of business models into business logic and a framework design for business.

The disruptive technologies are core to businesses who wish to be as efficient and effective in developing themselves and gaining that competitive advantage. These technologies are believed to be essential for any business to reduce some of those manual-intensive tasks fraught with error.

V2R delivers the only available 100% open API platform in 12 languages that encompass the whole business life-cycle that enables seamless communication and collaboration. With over 370 integrations at the moment, it has many tools enterprises need all at a competitive monthly subscription for what is on offer to kickstart your business journey. It makes tools available to start-ups and SME's that previously would be a considerable budget drain. For the same activities performed by the HubSpot tools for $2600 per user monthly, Unified solutions, for example, do the equivalent for ten times less, clients can reallocate budget elsewhere that is most needed (on HR resources for example).

Facing the Challenges Head-On

The major challenge faced by V2R was to get the message out to the world and especially those embarking on their ventures. It is an interesting dynamic dealing with entrepreneurs and their single-minded focus and the challenge to widen their views. The company had difficulty explaining that it is not developing AI/ML products (to be replicated or to get inspiration from to develop a variant of its own) it has and one that actually uses this tech.

The Success Quotients

V2R is at the early stages of development so far and customer feedback has been positive, and it has every business tool companies could ever need. It has made collaborating and communicating seamlessly within their businesses and have eased their workload burden with the underlying AI and ML. As a result, the adaptability and flexibility of the platform mold their business. Investors and Capital ventures can monitor the progress done through strategy to execution with their investments.

The Future with Artificial Intelligence

Artificial intelligence in finance is transforming the way we interact with money. AI is helping the financial industry to streamline and optimize processes ranging from credit decisions to quantitative trading and financial risk management. This is only the start for V2R, as it wants to invite entrepreneurs, start-ups, and CEOs of SMEs across the globe to partner with and help them succeed.