2 Sep 2015 13:00
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Don't have an account? Click here to register.Arria NLG launches financial analyst in-a-box for SMEs
Wed, 31st Aug 2016 13:35
(ShareCast News) - Arria NLG has launched a new artificial intelligence software tool to help small and medium sized businesses quickly translate complicated accounts into "instant financial insights" in simple language.The software-as-a-service tool, known as Recount and designed to work with large online accounting systems such as Xero, Quickbooks and Sage, providing customers with instant financial insights, expressed in plain language.Recount will give SMEs "skills common to financial analysts, spotting trends, identifying problems, and forecasting what's likely to happen next", generated using Arria's 'natural language generation' algorithm in a matter of seconds.Sharon Daniels, chairman and interim chief executive of Arria NLG noted that Quickbooks' SaaS service alone has over 1.5m users worldwide, while Xero has grown fast to 700,000. "We believe that both Quickbooks and XERO users will see Recount as a way to turbocharge their existing process," she said."This is a key milestone in our journey to expand our product offerings and develop ongoing recurring revenue models for our patented NLG technology."
More News
21 Aug 2015 10:24
Arria shares up on consumer goods deal
(ShareCast News) - Shares in Arria NLG rose after the software maker signed a deal with a global consumer products company. The AIM listed stock rose 5.25% to 40p at 0900 BST. Arria, which uses technology to translate complex data into easily readable text and diagrams, said the deal with an unna
Read more19 Aug 2015 14:25
Arria NLG receives first tranche of subscription funds
(ShareCast News) - Software development group Arria NLG has received part of the funds it raised in June through a subscription convertible loan notes and the early drawdown of an existing loan note. The London-listed company has received £1m of the £3.8m and it expects to receive £1.9m by the end o
Read more30 Jun 2015 09:28
Arria NLG's interim loss shrinks
Shares in Arria NLG climbed 4% early on Tuesday, after the developer of natural language generation software technologies reported a sharp increase in the first half of the year. In the six months to 31 March, the London-listed group reported revenue of £0.9m, a 174% increase year-on-year, while ope
Read more29 Jun 2015 08:40
Arria raises £3.75m in first stage of funding plan
Arria said on Monday that it has raised £3.75m in capital through unsecured loan notes convertible into the company's ordinary shares at 40p per share. The funding comes as the first stage of a two-stage capital plan being managed for Arria by MSL Capital Markets. Stage one involved the early drawd
Read more18 Jun 2015 10:04
18 May 2015 07:56