Bank feeds and automated reconciliation, easy expense claim reimbursement, and online invoicing features are just the start; Xero is a premium accounting software solution for small businesses. The tool’s out-of-box robustness lays a strong foundation to support a multitude of business processes, but it’s the Xero Marketplace – full of Xero apps and integrations – that really sets the Xero platform apart.  Both meant to improve the customer offerings and functionality of Xero, Xero integrations and apps alike are an important addition to any business’s technology stack. Though they serv ..read more

Choosing between frequentist and Bayesian approaches is the great debate of the last century, with a recent surge in Bayesian adoption in the sciences. Number of articles referring Bayesian statistics in sciencedirect.com (April 2024) — Graph by the authorWhat’s the difference? The philosophical difference is actually quite subtle, where some propose that the great bayesian critic, Fisher, was himself a bayesian in some regard. While there are countless articles that delve into formulaic differences, what are the practical benefits? What does Bayesian analysis offer to the lay data sc ..read more

Image by Author   Do you ever feel like there are too many tools for MLOps? There’s a tool for experiment tracking, data and model versioning, workflow orchestration, feature store, model testing, deployment and serving, monitoring, runtime engines, LLM frameworks, and more. Each category of tool has multiple options, making it confusing for managers and engineers who want a simple solution, a unified tool that can easily perform almost all the MLOps tasks. This is where end-to-end MLOps platforms come in.  In this blog post, we will review the best end-to-end MLOps platforms for p ..read more

Large Language Models (LLMs) have made it economically possible to perform tasks involving structured outputs, such as converting natural language into code or SQL. LLMs are also being used to convert natural language into workflows, which are collections of actions with logical connections between them. These workflows increase worker productivity by encapsulating actions that can run automatically under certain circumstances.  Particularly in tasks like producing natural language from prompts, Generative Artificial Intelligence, or GenAI, has demonstrated impressive capabilities. Howe ..read more

Audit Bank Reconciliation Guide  Both internal and external accounting audits are essential parts of financial management as well as organizational risk management. A bank reconciliation audit is one such process that helps in identifying financial gaps or discrepancies. In addition to companies performing bank reconciliations internally at least once a month, it is recommended that external auditors conduct a thorough bank reconciliation process biannually or annually to verify the internal reconcliaition performed by the inhouse teams.  This article discusses the significance of b ..read more

If you are a curious reader interested in learning more about SAP data models, you’ve come to the right place! Hello Medium readers! I’m excited to share some learnings from a recent project where I dived into the complexity of SAP’s data models. For confidentiality reasons, I’m unable to share all the project details . However, I’ll discuss a challenge I faced regarding the complexity of SAP data models: what does the SAP data architecture looks like and how does everything fit into a coherent data model that makes sense for business users? In this project, my primary focus was to int ..read more

Image generated with Ideogram.ai   I know how hard it is to create content, especially for captivating audiences. No matter what medium we use, written, sound, or visual; every single one requires thought and strategy to provide value from the content. However, only some have enough time to generate quality content, especially for working people who double as content creators like me. Work and personal life could be in the way. Things have changed in recent years as Generative AI has become more mainstream. This is because Generative AI has much potential to improve our content quality ..read more

Large Language Models (LLMs) have steered in a period of extraordinary growth for Artificial Intelligence (AI) technology. To address issues like conversation hallucination, these models are being used increasingly in various settings where unstructured multimedia data is converted into embedding vectors. Vector Data Management Systems (VDMSs) are specifically designed to manage these vectors effectively. Platforms, such as Qdrant and Milvus, have developed sizable user bases and vibrant communities, serving as the backbone of the LLM age. LLMs and other machine learning and information retr ..read more

Online text recognition models have advanced significantly in recent years due to enhanced model structures and larger datasets. However, mathematical expression (ME) recognition, a more intricate task, has yet to receive comparable attention. Unlike text, MEs have a rigid two-dimensional structure where the spatial arrangement of symbols is crucial. Handwritten MEs (HMEs) pose even greater challenges due to ambiguity and the need for specialized hardware. Obtaining handwritten samples is costly as they require human input, further compounded by the necessity for dedicated devices like touch ..read more

Business leaders have moved on from discussing whether or not software solutions and business applications can change how business is done; now, they’re focused on what SaaS platforms can fulfill their organization’s needs. For accounting and finance professionals, accounting software is paramount, but when it comes to accounting software, there are right and wrong choices. Xero is one of the best out there. Any organization that’s on a digital transformation journey will realize at some point that even the best software platforms and SaaS solutions aren’t meant to work in isolation. In this ..read more