Rapid, data-driven decision-making with Boomi FinTalk

Dr. Navin Budhiraja
December 16, 2024

Last month, I had the pleasure of presenting at the Boomi World Forum in Dubai — a premier gathering that highlighted the future of intelligent integration and automation. It was not only an opportunity to immerse myself in cutting-edge advancements but also to connect with customers, prospects, and the incredible Boomi META team in person.

One of my personal highlights was engaging in impactful conversations about the transformative power of conversational AI, particularly in the finance sector, and of course taking the stage to talk about Boomi FinTalk.

Hearing firsthand from industry experts about their challenges and aspirations once again reinforced our belief in the importance of developing solutions that not only address immediate pain points for enterprises but anticipate future needs as well.

Presenting Boomi FinTalk at the Boomi World Forum in Dubai

Can Generative AI keep its promise?

The promise of Generative AI is to improve speed, productivity, and quality for organizations, however, enterprises face many challenges in AI adoption. The LucidWorks 2024 State of Generative AI in Global Business report revealed a 5x increase in concerns about response accuracy, the high cost of implementation (cited by 43% of respondents), and the fact that 75% of generative AI projects have yet to reach full deployment.

There is a need for guardrails on foundational models, providing enterprises with a mix of public, private, and open-source models, to address the limitations of LLMs, better cost-performance, protected data from public training, and most importantly purpose-built applications.

Today, enterprises face a challenge of being able to make rapid, data-driven decisions when dashboard adoption has stagnated, while the data inside of a company has grown exponentially. But building/maintaining dashboards is expensive and slow.

The value of Boomi FinTalk

At Vianai, we partnered with Boomi to bring purpose-built generative AI to the finance organization.

Boomi FinTalk powered by Vianai is Boomi’s generative AI agent that delivers immediate value for CFOs, FP&A teams, P&L owners, and operations managers. It enables organizations to leverage generative AI within weeks.

Key features and benefits include:          

- Immediate value: Everything you need to start leveraging generative AI in a matter of weeks.

- No specialization required: Any business user can ask questions directly to a system of record connected to Boomi in natural language.

- No need for IT: No need to raise IT tickets to create new dashboards.

- Accurate and secure: Anti-hallucination guardrails ensure accurate answers, with private data remaining within the enterprise.

Boomi FinTalk – how it works

FinTalk answers correctly 74% more often than GPT-4, leveraging agentic, anti-hallucination technology to eliminate errors.

It operates on hundreds of millions, to billions of rows, delivering on-the-fly computations on raw data in seconds.

FinTalk is cost-effective, running costs, including infrastructure and LLM expenses can be less than $10 a day.

Learn more about how Boomi FinTalk powered by Vianai can help your finance team navigate complexities, optimize their operations, and focus on strategic initiatives.

Take the guided tour.

Finally, I would like to thank the Boomi META team for giving me the opportunity to join them in Dubai to discuss the future of generative AI and showcase how FinTalk is paving the way for finance organizations to embrace GenAI with accuracy, speed, and cost-effectiveness.