Statement’s Post

🚀🚀 Exciting news! Another part of our core proprietary technology is now also officially US patent pending! 🚀🚀 Continuing our innovation series posts 🙌 Statement's AI Insights Engine, or officially the "𝐌𝐚𝐜𝐡𝐢𝐧𝐞-𝐋𝐞𝐚𝐫𝐧𝐢𝐧𝐠-𝐁𝐚𝐬𝐞𝐝 𝐈𝐝𝐞𝐧𝐭𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐓𝐫𝐚𝐧𝐬𝐚𝐜𝐭𝐢𝐨𝐧 𝐒𝐮𝐩𝐞𝐫𝐯𝐢𝐬𝐢𝐨𝐧 " has been fully documented, reviewed, packaged and submitted to the United States Patent and Trademark Office. 𝐖𝐡𝐚𝐭 𝐝𝐨𝐞𝐬 𝐭𝐡𝐢𝐬 𝐦𝐞𝐚𝐧 𝐟𝐨𝐫 𝐟𝐢𝐧𝐚𝐧𝐜𝐞 𝐥𝐞𝐚𝐝𝐞𝐫𝐬 𝐚𝐧𝐝 𝐭𝐞𝐚𝐦𝐬? This technology enables performing actions that are based on the identification of insight events. Statement analyzes the business cycles of our customer's organization (e.g. historical data, when live payments come in, when future expenses are due or paid out, and so on) and gives actionable insights that are based on 𝘵𝘩𝘢𝘵 specific customer's behavior. 𝐓𝐚𝐥𝐤 𝐭𝐨 𝐦𝐞 𝐭𝐞𝐜𝐡𝐧𝐢𝐜𝐚𝐥: Statement's product and R&D teams at Statement have built real-time AI insights and alerts engines based on transactional financial data. Statement enriches financial data (described more in detail in our previous patent post) that then flows through multiple ML models system that identifies financial selected transactions characteristics (STC), then by evaluating a supervisory event criterion (SEC), which then utilizes one (or more) generative machine learning models to generate one (or more) recommended actions on behalf of an organization. 𝐒𝐨, 𝐰𝐡𝐲 𝐢𝐬 𝐭𝐡𝐢𝐬 𝐢𝐦𝐩𝐨𝐫𝐭𝐚𝐧𝐭? In a recent conversation about patents with an executive at a (very large/successful) fintech company he wondered what's the point of actually submitting the patent applications vs. just innovating and building internally. It's a great question - and the answer is that beyond the legal aspect of registering patents etc, we at Statement believe that this fosters a culture that consistently challenges the status quo by seeking innovative and improved solutions. It is a reflection of our heavy investment in R&D and a great way to reward teams for their accomplishments and encourage competitiveness. We are continuing build out the data infrastructure foundation for wide spread, real-time automations within the CFO tech suite. Hundreds of hours of manual tasks such as categorization of data, reconciliations between transactions and trying to build excel heavy models for cash operations will become a thing of the past. We have more innovation patents coming up, doubling down on our clear technical differentiation points. Stay tuned! Kudos ( 👑👑 !) yet again to our amazing Data, Product and R&D teams : Shahar Lahav, Israel Rosset, Shlomo Lahav, Ofek Glik, Ofer Tzarfaty, Yochai Shakked Gavish, Or Levy, David Ginat, Gal Shoval, Ron Helfer, Idan Aharoni, Netay Gidnian, Aviv Atedgi, Lital Shemesh, Roei Birnfeld, Tom Shalem, Bar Azulay, Samuel Zerbib, Boris Komraz And of course to the fantastic Irin Rollnik!

😎 What a great two days at TMANY | Treasury Management Association of New York's Cash Exchange this week! True to it's name, our team had the opportunity to exchange perspectives and learnings with partners and industry leaders on the rapidly evolving space surrounding AI in Finance. Nothing gets us more excited than showing exactly how we're leveraging better data and proprietary ML models transform the work of Finance teams. 💡 Didn't get a chance to meet us this week? Don't worry, there's still time! #TMANY #TreasuryTech #AIinFinance #NYCE2024 Thomas Foley | Santiago M.

We are excited to announce our partnership with the Israeli Corporate Treasury Forum (ICTF)! At Statement, we are dedicated to empowering strategic treasury through innovative solutions, and we’re thrilled to support this significant event. Our team looks forward to sharing our expertise to help shape the future of treasury management! See you next week at the ICTF first conference! #TreasuryManagement #CorporateTreasury #FinanceInnovation #StrategicTreasury #Makeingastatement Ilan Kolof Meir Alon Romi Blank Ben-ami Jakov Danino Idan Vlodinger Shahar Lahav Ofer Tzarfaty Maya Goren Bar Noam Lev JPMorganChase BlackRock Howden Insurance Brokers Israel Mizrahi-Tefahot Bank בנק מזרחי טפחות Convista Herzog

🚀 Our core, proprietary technology is now officially US patent pending! 🚀 This exciting announcement is the first of our innovation series posts that we will be publishing over the next few weeks! 🙌 Statement's data enrichment engine, or officially the "Enrichment and Reconciliation of Financial Transaction Data" has been fully documented, reviewed, packaged and now submitted to the United States Patent and Trademark Office. Over the past two years, the product and R&D teams at Statement have been diligently designing and building cutting edge real-time AI enrichment engines for transactional financial data. Financial data that flows through Statement's systems is enriched with context, enabling a world of extremely high level of accuracy automated cash forecasting, reconciliations, cash applications, and more, to benefit our customers. 𝐒𝐨, 𝐰𝐡𝐲 𝐢𝐬 𝐭𝐡𝐢𝐬 𝐢𝐦𝐩𝐨𝐫𝐭𝐚𝐧𝐭?  Beyond marketing fluff, our amazing teams have built deep technology that can drastically improve the speed and accuracy of real-time financial data enrichment across multiple financial ecosystems such as banks, PSPs, ERPs, A/P and A/R systems. We are creating an instantly connected, real-time, financial ecosystem. This is the result of hard work by brilliant data scientists, product managers and software engineers who get things done. It is also a reflection of our heavy investment in R&D and culture that consistently challenges the status quo seeking innovative and improved solutions. 𝐖𝐡𝐚𝐭 𝐝𝐨𝐞𝐬 𝐭𝐡𝐢𝐬 𝐦𝐞𝐚𝐧 𝐟𝐨𝐫 𝐟𝐢𝐧𝐚𝐧𝐜𝐞 𝐥𝐞𝐚𝐝𝐞𝐫𝐬 𝐚𝐧𝐝 𝐭𝐞𝐚𝐦𝐬?  We are laying the data infrastructure foundation for wide spread, real-time automations within the CFO tech suite. Hundreds of hours of manual tasks such as categorization of data, reconciliations between transactions and trying to build excel heavy models for cash operations will become a thing of the past. We have more patents coming up, covering various aspects of our innovative platform with clear technical differentiation points. Stay tuned! Kudos ( 👑 !) to our amazing Data, Product and R&D teams : Shahar Lahav, Israel Rosset, Shlomo Lahav, Ofer Tzarfaty, Yochai Shakked Gavish, Or Levy, David Ginat, Gal Shoval, Ron Helfer, Idan Aharoni, Netay Gidnian, Aviv Atedgi, Lital Shemesh, Roei Birnfeld, Ofek Glik, Tom Shalem, Bar Azulay, Boris Komraz

💸 Headed to TMANY | Treasury Management Association of New York next week? Thinking about how you can get ahead of 2025 goals and technology needs? Then don't miss the opportunity to meet us at the event for a live demo of the newest game-changing tools in real-time Cash-Forecasting and AI-powered Liquidity Insights! 🗣 Spoiler alert: You can do more with better data 📆 Book a meeting below with our team to lock in your spot. https://lnkd.in/gHT2HW_x #tmany #treasury #cashmanagement #2025 #AI #DataIsKing #CashIsKing

Treasury is no longer just about "management," it's about innovation - and last month we had the privilege of participating in Citi’s first-ever Innovation in Treasury Event! It was a fantastic opportunity to both collaborate with our partner, and importantly, interact with customers. Plus, our very own CEO, Idan Vlodinger, had the chance to share his thoughts on the event, so be sure to check out the highlight reel! #CFOTech #OfficeoftheCFO #MakingaStatement #CashManagement #Treasury Shahar Lahav, Ofer Tzarfaty , Meridith Miller, Jenny Morin-Mustazza, Emily Turner, Christian Sundblad, Andrew Murray, Harsh D., Jan Holý, Dinesh Daphale

We're excited to share pics from our shiny ✨new TLV office space✨! As we grow, our team grows, and as our team grows, we help you grow! Our doors are open for tours, demos, or just talking treasury around the water cooler. 😉 #NewOffice #Growth #Statement #FinTech #CFO #Treasury #CashManagement #MakeaStatement

🌟 Today, we hosted an intimate gathering with 30 esteemed guests and a special speaker, Mr. Danny Kushmaro. This event is just the beginning of many more to come as we build a vibrant community with CFOs and Treasury professionals. 🤝 Stay tuned for more exciting events and opportunities to connect! 🚀 Want to participate in our next event as a treasury and finance expert? Write to our team! ✉️ Maya Goren Bar Noam Lev #CommunityBuilding #CFO #Treasury #Networking #CashManagement #makeingastatement #OfficeoftheCFO Shahar Lahav Idan Vlodinger Ofer Tzarfaty Irin Rollnik David Ginat

Thrilled to be featured in an insightful report on Back Office Automation, recognizing our AI Cash Management solutions as a top 10 enhancement for the finance back office of the CFO. A huge thank you to True. for this incredible honor and for showcasing our work. Looking to gain exceptional cash visibility and AI-driven forecast capabilities Contact us! 💡 💵 📈 #AI #Finance #CFO #Innovation #Collaboration #Efficiency #cashvisibility #cashflow #Forecast #managecash #treasury #makingastatement #BackOfficeAutomation Danielle Le Toullec Idan Vlodinger Shahar Lahav Maya Goren Bar Meridith Miller Irin Rollnik Ofer Tzarfaty