02 simon logghe_ml6

ML6 AT A GLANCE
Not only knowledgeable about Machine Learning, but defining the future of it
50+
Machine Learning Experts
10% of workforce fully dedicated
to 3 funded ML Research tracks
Premier Partner of Google Cloud
since 2014
#1 fastest growing AI company in
Belgium
Equipping 20% of BEL 20
companies with cutting-edge ML
5 Offices, located in Belgium,
Germany, UK and The Netherlands

Copyright © 2019 ML6. All rights reserved. ML6 Confidential Information | 3
WE ARE RECOGNIZED BY GOOGLE AS A
PREFERRED ML PARTNER (ML6 was previously called Datatonic)
Best Google Cloud Platform
Services Partner, 2015-16

AI IS AROUND SINCE THE 1950’S

TRENDS

WHAT HAS CHANGED?
Large Datasets Better Models Lots of Computation

The old, algorithmic approach
“apple”
“orange”
“banana”
IF (round) THEN
IF (orange AND coarse) THEN
“orange”
ELSE IF (green AND smooth) THEN
“apple”
ELSE IF ...
...
ELSE IF …
“banana”

Let the machine find the rules
“apple”
“orange”
“banana”
?

We used to...
● Not trust banks
● Hide our money in the backyard
● Lose money due to inflation
Currently we…
● Don’t trust cloud providers
● Keep our data on private servers
● Don’t fully use data potential

INTELLIGENCE AT WORK IN FINANCE
TODAY
Machine learning is the ability
of computer systems to
independently improve their
own performance by
exposure to data, outcomes,
and a feedback loop. Machine
learning can detect patterns
in vast volumes of data and
interpret their meaning.
Robotic cognitive automation
is the rules-based automation
of routine tasks combined
with analysis of unstructured
data and capabilities that
mimic human learning and
decision making.
Natural language processing
(NLP) is the ability of
computer systems to
decipher and understand text
to engage humans with
personalized information and
service. NLP takes
unstructured data and
converts it into structured
data to be used by other
tools.
Natural language generation
(NLG) is an automation
technology that generates
narratives and commentary
from structured data, e.g.,
commentary to accompany
a monthly financial reporting
package for executive
audiences.
Speech recognition is the
ability to accurately transcribe
and understand human
speech.
Machine Learning Robotic Cognitive
Automation
Natural Language
Processing
Natural Language
Generation
Speech Recognition

FINANCIAL PLANNING AND ANALYSIS
“What’s the price elasticity of demand in key markets? “
“Where does foreign currency exposure need immediate hedging coverage?”
“Which business units are likely to miss plan?”
“What’s my year-to-date sales in Asia Pacific vs. budget?”
“What’s the full-year sales outlook vs. budget?”
“Which departments have overspent or underspent, and in which cost category?”

“We will move from mobile ﬁrst to
an AI ﬁrst world.”
April 2016 - Sundar Pichai
CEO, Google

INVESTOR RELATIONS
PAIN
Complex investor relations needs involving
governance, reporting, and analyst
communications. Activities that become
mundane, repetitive, and time consuming
for her team quarter after quarter, year after
year
SOLUTION
Automate the production of earnings
call preparation materials and analyst
presentations
Enhance management reports and
executive dashboards with automated
commentary.

VISUALIZATION AS A KEY STEP

ACCOUNTS PAYABLE
PAIN
Working manually through tens of thousands
of vendor invoices, matching meticulously to
purchase orders and receiving documents,
and ensure that vendors are paid correctly and
on time.
SOLUTION
Scan physical invoices and move
electronically into a payables processing
template, with only a few ever touched
by human hands.
Payables system will learn to recognize
priority invoices, eliminate duplicate
payments, and uncover fraudulent
purchasing patterns. And for the 10
percent of payables transactions that
require a person’s involvement

WE BUILT OPTICAL OBJECT DETECTION
FOR EANDIS IN 4 WEEKS

DIGITIZING THE “BOEKENTOREN” WITH OCR

RISK
PAIN
Expected to preside over a myriad of risks that
could impact operational performance and
financial results
SOLUTION
Scan financial transactions and systems
to detect exceptions or anomalies. This
detects risks in real time, informs
impacted parties, and recommends
ways to mitigate problems.

ACCOUNTING
PAIN
Increases in the number of legal entities in
far-flung geographies can make the closing
process almost impossible to execute
manually. Throw in different tax regimes and
different accounting standards, and this
“necessary evil” becomes a big pain in the
neck.
SOLUTION
Account reconciliation speeds up the
process of matching intercompany sales
with intercompany costs of sales,
making intercompany markup
elimination faster and more accurate.

PRODUCT RECONCILIATION

Category Label
Productsegment NON-ALCOHOLIC
Productcategorie SOFT DRINKS
Productsubcategorie
REGULAR SOFT
DRINKS
Productdetailcategorie TONICS
Brand SCHWEPPES
ML_unit 1500
Article Description:
“ SCHWEPPES AGRUM
LIGHT 4X1.5L ”
Random Forest
Classiﬁer
Solution using Machine Learning
Model OutputInput

KNOWLEDGE MANAGEMENT
For employees and teams For your organisation
▸ Get recommended personalized
learnings, validated by colleagues
▸ Know who knows what, right when
you need it
▸ Maximize knowledge collaboration,
in the flow of work
▸ Up to date internal knowledge &
skills map
▸ Maximize internal recruiting
through data-driven
skill insights
info@uman.ai - www.uman.ai
Supercharged knowledge sharing

HOW TO GET STARTED
If you haven’t done so
already, create a small
cross-functional team to help
your organization understand
what’s possible. Use weekly
meetings to share cognitive
stories with leadership. Don’t
limit the exploration to
Finance.
Create a list of opportunities
within Finance for cognitive
enhancements. The list will
grow over time as new
opportunities emerge. Don’t
forget to look at consumer
applications for ideas
Narrow the list and identify
candidates for adoption.
Keep the scope narrow, the
team small, and the risk low.
Focus on opportunities
where time-to-value is short.
Choose a specific use case
that can be tackled without
distracting the whole
organization.
Govern and track the impact
of each pilot. Replicate what
delivers results, and apply
lessons learned to successive
efforts.
Learn more Build a list Identify Pilot
projects
Pilot a project Scale what works

REMEMBER

THE ONLY WAY TO DO IT...
… IS TO DO IT!
SIMON.LOGGHE@ML6.EU
+32 476 671 345
ML6.EU
@ML6TEAM

02 simon logghe_ml6

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