All accounting tasks
can be automated.
All accounting tasks
can be automated.
Automatic Matching of Supporting Document Accounts
Automatic Matching of Supporting Document Accounts
Gift tax Excel template automation
Gift tax Excel template automation
AI generation of M&A teaser reports
AI generation of M&A teaser reports
Invector AI Solutions
automates complex accounting tasks
and elevates efficiency and accuracy to a new level.
Invector AI Solutions
automates complex accounting tasks
and elevates efficiency and accuracy to a new level.
Now work faster and smarter.
Now work faster and smarter.
Teams winning with Invector
Invector is growing alongside accounting firms.
1,000 people
1,000 people
A multi-agent AI chatbot specialized in the accounting field
is helping five thousand accountants every day.
An AI multi-agent chatbot specialized in accounting is helping five thousand accountants every day.
85%
85%
Developed a specialized Excel agent for inheritance and gift tax,
automating 75% of the work.
I have automated 75% of my work with the development of specialized Excel agents for inheritance and gift tax.
Modular AI solutions
Every workflow of accountants can be automated
with Invector's four AI solutions.
Chick fil A
Chick fil A
$100
$100
12/28/2024
12/28/2024
OCR Text recognition in photos and PDF files
OCR Text recognition in photos and PDF files
Extracting valuable information from a flood of PDFs, PNGs, and JPG images during accounting tasks has always been a labor-intensive job. Now, Invector's AI-based OCR model alleviates the effort of manually reviewing each file and transcribing it into Excel. It translates the content of images and PDF files into low-text data, such as Excel, based on high accuracy.
Extracting valuable information from a flood of PDFs, PNGs, and JPG images during accounting tasks has always been a labor-intensive job. Now, Invector's AI-based OCR model alleviates the effort of manually reviewing each file and transcribing it into Excel. It translates the content of images and PDF files into low-text data, such as Excel, based on high accuracy.
Optimize inheritance-to-gift tax ratio.
Optimize inheritance-to-gift tax ratio.
Excel Agent Natural language data analysis
Excel Agent Natural language data analysis
Excel files may vary in format depending on the creator, but Invector's Excel Agent can accurately recognize and process specific formats from files with various writing styles. Based on the recognized data, it offers extended functionalities that go beyond simply reading files, enabling a variety of uses such as searching and generating additional data.
Excel files may vary in format depending on the creator, but Invector's Excel Agent can accurately recognize and process specific formats from files with various writing styles. Based on the recognized data, it offers extended functionalities that go beyond simply reading files, enabling a variety of uses such as searching and generating additional data.
AI report generation
AI report generation
Text Generation Generate drafts of documents
Text Generation Generate drafts of documents
The most time-consuming part of document creation is drafting the initial version. Using various required data formats, AI generates drafts tailored to the templates used in your workflow.
The most time-consuming part of document creation is drafting the initial version. Using various required data formats, AI generates drafts tailored to the templates used in your workflow.
How should I classify investments in MMF?
How should I classify investments in MMF?
IFRS 1109-B5.7.1
IFRS 1109-B5.7.1
The gains and losses on financial assets or financial liabilities measured at fair value are recognized in profit or loss for the period...
The gains and losses of financial assets or financial liabilities measured at fair value are recognized in profit or loss for the period...
IFRS 1109-BC5.21
IFRS 1109-BC5.21
IFRS 9 allows an irrevocable choice to recognize changes in the fair value of investments in equity instruments that are not held for trading in other comprehensive income.
IFRS 9 allows an irrevocable choice to recognize changes in the fair value of investments in equity instruments that are not held for trading in other comprehensive income.
AI Search Find evidence easily
AI Search Find evidence easily
Searching directly for accounting standards, tax laws, or asking surrounding accountants about similar cases requires a lot of time and effort. Invector's AI search utilizes technology learned from accounting standards and tax laws to help you easily find suitable standards and legal grounds for complex situations, almost as if you were having a conversation. Now, establish the direction of your work more efficiently.
Searching directly for accounting standards, tax laws, or asking surrounding accountants about similar cases requires a lot of time and effort. Invector's AI search utilizes technology learned from accounting standards and tax laws to help you easily find suitable standards and legal grounds for complex situations, almost as if you were having a conversation. Now, establish the direction of your work more efficiently.
Introduction case
Check out the introduction of the invector case.
"The AI-powered chatbot accurately responds to repetitive questions,
reducing the number of inquiries requiring direct assistance. Additionally, it handles complex questions effectively, leaving us highly satisfied."
Contact
"In the past, I spent a lot of time managing various materials that existed in scanned forms, such as receipts and purchase slips, and comparing them with actual transaction records. With the introduction of Invecter, accountants can now break free from simple labor and dedicate their time to more important tasks."
Contact
"To analyze the client’s assets, numerous Excel tasks were required, but this process has been automated, significantly reducing work time. In particular, I am receiving great help in situations where I need to quickly complete tasks before meetings with clients."
Contact
"The AI-powered chatbot accurately responds to repetitive questions,
reducing the number of inquiries requiring direct assistance. Additionally, it handles complex questions effectively, leaving us highly satisfied."
Contact
"In the past, I spent a lot of time managing various materials that existed in scanned forms, such as receipts and purchase slips, and comparing them with actual transaction records. With the introduction of Invecter, accountants can now break free from simple labor and dedicate their time to more important tasks."
Contact
"To analyze the client’s assets, numerous Excel tasks were required, but this process has been automated, significantly reducing work time. In particular, I am receiving great help in situations where I need to quickly complete tasks before meetings with clients."
Contact
"The AI-powered chatbot accurately responds to repetitive questions,
reducing the number of inquiries requiring direct assistance. Additionally, it handles complex questions effectively, leaving us highly satisfied."
Contact
"In the past, I spent a lot of time managing various materials that existed in scanned forms, such as receipts and purchase slips, and comparing them with actual transaction records. With the introduction of Invecter, accountants can now break free from simple labor and dedicate their time to more important tasks."
Contact
"To analyze the client’s assets, numerous Excel tasks were required, but this process has been automated, significantly reducing work time. In particular, I am receiving great help in situations where I need to quickly complete tasks before meetings with clients."
Contact
"The AI-powered chatbot accurately responds to repetitive questions,
reducing the number of inquiries requiring direct assistance. Additionally, it handles complex questions effectively, leaving us highly satisfied."
Contact
"In the past, I spent a lot of time managing various materials that existed in scanned forms, such as receipts and purchase slips, and comparing them with actual transaction records. With the introduction of Invecter, accountants can now break free from simple labor and dedicate their time to more important tasks."
Contact
"To analyze the client’s assets, numerous Excel tasks were required, but this process has been automated, significantly reducing work time. In particular, I am receiving great help in situations where I need to quickly complete tasks before meetings with clients."
Contact
Accounting data preprocessing technology
Invector excels at
preprocessing accounting domain data.
Create a new chat
Home
Today
According to Regulation No. 1109, MMF(...
Last month
The financial products in category 8 of this file...
The risk-free interest rate of fixed-rate won bonds...
August
The difference between the actual and expected number of incidents…
Donald
According to Standard No. 1109, how should investments in MMFs (open-end funds that invest in short-term financial products) be classified?
The following response was written with reference to K-IFRS within the accounting standards.
MMF investments are generally classified as debt instruments under the Corporate Accounting Standards No. 1110.
Most MMFs are redeemable products, but even if they may appear as capital from the issuer's perspective under paragraph 40(3) or 40(4), they are not defined as equity instruments from the holder's perspective.
Additionally, since MMFs provide cash flows based on net asset values that include gains and losses from asset sales, they do not meet the SPPI requirement. Therefore, if MMFs are not cash assets, they are classified as financial assets measured at fair value through profit or loss.
Please enter your question.
Please contact the vector.
1
2
This is the content searched within K-IFRS under the accounting standards.
1
IFRS 1109-B5.7.1
The gains and losses of financial assets or liabilities measured at fair value are recognized in profit or loss for the period, except in the following cases: (1) where a risk management relationship applies (see paragraphs 6.5.8 to 6.5.14. In addition, if applicable, the interest rate risk...)
2
IFRS 1109-BC5.21
IFRS 9 allows an irrevocable election to present changes in the value of investments in equity instruments that are not held for trading in other comprehensive income. The term 'equity instruments' is defined in IAS 32. The IASB provides specific guidance for certain situations regarding put options...
5 times more accurate
5 times more accurate
Invector boasts 5 times higher recall and precision in accounting domain search compared to OpenAI's latest models.
This demonstrates its excellent understanding of the accounting domain and preprocessing capabilities, proving it to be the best in the country.
Invector boasts a 5-fold higher recall and precision in accounting domain search compared to OpenAI's latest model. This demonstrates an excellent understanding of the accounting domain and strong preprocessing capabilities, proving its performance as the best in the country.
We plan to expand into the fields
of accounting and tax-related law
based on our accumulated expertise.
We plan to expand into the fields
of accounting and tax-related law
based on our accumulated expertise.
Nevertheless, AI is
still difficult.
Nevertheless, AI is
still difficult.
So Invector is here to help you.
So Invector is here to help you.
Leveraging our deep domain knowledge in accounting and unparalleled AI expertise,
we aim to solve your business challenges with AI.
Automating accounting tasks with AI requires not only advanced technology
but also a comprehensive understanding of accounting workflows and meticulous planning.
We collaborate with our clients to analyze their workflows,
identify pain points, and design tailored AI solutions to address those challenges effectively.
Leveraging our deep domain knowledge in accounting and unparalleled AI expertise,
we aim to solve your business challenges with AI.
Automating accounting tasks with AI requires not only advanced technology
but also a comprehensive understanding of accounting workflows and meticulous planning.
We collaborate with our clients to analyze their workflows,
identify pain points, and design tailored AI solutions to address those challenges effectively.
Contact us
증빙자료 계정과목 자동 매칭
증빙자료 계정과목 자동 매칭
All accounting tasks
can be automated.
Inheritance Tax Excel Template Automation
Automated generation of M&A Teasing reports
Invector AI solutions
automate complex accounting tasks
and elevate efficiency and accuracy to a new level.
Now work faster and smarter.
Teams winning with Invector
Invector partners
with your accounting firm's growth.
1,000 people
A chatbot powered by a specialized AI multi-agent in the field of accounting is helping five thousand accountants every day.
85%
We have automated 75% of our work through the development of a specialized Excel agent for gift tax.
Modular AI solutions
All workflows of accountants
can be automated with Invector's four AI solutions.
Chick fil A
$100
12/28/2024
OCR recognizing text in photos and pdf files
Extracting valuable information from a flood of PDFs, PNGs, and JPG images during accounting tasks has always been a labor-intensive job. Now, Invector's AI-based OCR model alleviates the effort of manually reviewing each file and transcribing it into Excel. It translates the content of images and PDF files into low-text data, such as Excel, based on high accuracy.
Optimize inheritance-to-gift tax ratio.
Excel Agent can interpret even different formats cleanly
Excel files may vary in format depending on the creator, but Invector's Excel Agent can accurately recognize and process specific formats from files with various writing styles. Based on the recognized data, it offers extended functionalities that go beyond simply reading files, enabling a variety of uses such as searching and generating additional data.
AI report generation
Text Generation Generate drafts of documents
The part of document creation that takes the longest time is drafting. AI drafts based on the necessary data in various formats to fit the forms used in your work.
How should I classify investments in MMF?
IFRS 1109-B5.7.1
The gains and losses on financial assets or financial liabilities measured at fair value are recognized in profit or loss for the period...
IFRS 1109-BC5.21
IFRS 9 allows an irrevocable choice to recognize changes in the value of equity investments that are not held for trading in other comprehensive income.
AI Search Easily find evidence
Searching directly through accounting standards, tax laws, and past cases, or asking nearby accountants about similar cases requires a lot of time and effort. Invector's AI search utilizes technology learned based on accounting standards and tax laws to help you easily find appropriate standards and legal grounds suitable for complex situations, almost like having a conversation. Now, determine the direction of your work more efficiently.
Introduction case
Check the case studies of the invector.
Please take a look.
Contact
"As the AI-based chatbot answers repetitive questions with high accuracy, the number of inquiries that need to be handled directly has decreased. It also responds well to complex questions, which is satisfying."
"In the past, I spent a lot of time managing various documents, such as receipts and purchase slips, which existed in scanned form, and comparing them with actual transaction records. With the introduction of Invecta, accountants have been able to move away from repetitive tasks and dedicate more time to important work."
"As the AI-based chatbot answers repetitive questions with high accuracy, the number of inquiries that need to be handled directly has decreased. It also responds well to complex questions, which is satisfying."
"In the past, I spent a lot of time managing various documents, such as receipts and purchase slips, which existed in scanned form, and comparing them with actual transaction records. With the introduction of Invecta, accountants have been able to move away from repetitive tasks and dedicate more time to important work."
"As the AI-based chatbot answers repetitive questions with high accuracy, the number of inquiries that need to be handled directly has decreased. It also responds well to complex questions, which is satisfying."
"In the past, I spent a lot of time managing various documents, such as receipts and purchase slips, which existed in scanned form, and comparing them with actual transaction records. With the introduction of Invecta, accountants have been able to move away from repetitive tasks and dedicate more time to important work."
"As the AI-based chatbot answers repetitive questions with high accuracy, the number of inquiries that need to be handled directly has decreased. It also responds well to complex questions, which is satisfying."
"In the past, I spent a lot of time managing various documents, such as receipts and purchase slips, which existed in scanned form, and comparing them with actual transaction records. With the introduction of Invecta, accountants have been able to move away from repetitive tasks and dedicate more time to important work."
Accounting data preprocessing technology
Accounting domain data preprocessing techniques
Invector does it best.
5x accuracy
Invector boasts five times higher recall and precision in accounting domain search compared to OpenAI's latest models.
This demonstrates an outstanding understanding of the accounting domain and preprocessing capabilities, proving it to be the best performer in the country.
Create a new chat
Home
Today
According to the standard document No. 1109, MMF (Single...
Last month
Financial products by category number 8 in this file...
The risk-free interest of fixed-rate won bonds...
August
The difference between the actual and expected number of incidents...
Donald
How should investments in MMFs (open-end funds that invest in short-term financial products) be classified according to the standard No. 1109?
다음 답변은 회계기준 내의 K-IFRS를 참고하여 작성되었습니다.
MMF investments are generally classified as debt instruments according to the Corporate Accounting Standards No. 1110.
Most MMFs are redeemable products; however, even if they may appear as equity from the issuer's perspective under Paragraph 40(3) or 40(4), they are not defined as equity instruments from the holder's perspective.
Additionally, since MMFs provide cash flows based on net asset value that includes gains and losses from asset sales, they do not meet the SPPI requirement. Therefore, if MMFs are not cash equivalents, they are classified as financial assets measured at fair value through profit or loss.
Please enter your question.
Please contact Invector.
1
2
This is the information extracted from K-IFRS within the accounting standards.
1
IFRS 1109-B5.7.1
공정가치로 측정하는 금융자산이나 금융부채의 손익은 다음의 경우를 제외하고는 당기손익으로 인식한다. (1) 위험회피관계가 적용되는 경우(문단 6.5.8~6.5.14 참조. 그리고 해당사항이 있다면, 이자율위험의…
2
IFRS 1109-BC5.21
IFRS 9 allows an irreversible election to present changes in the value of investments in equity instruments, not classified as held for trading, in other comprehensive income. The term 'equity instrument' is defined in IAS 32. The IASB provides guidance for specific circumstances regarding put options...
We plan to expand into the fields
of accounting and tax-related law
based on our accumulated expertise.
Despite this, AI is
still difficult.
So Invector is here to help you.
We will solve your business concerns with AI based on our accounting-related domain knowledge and unique AI capabilities.
To automate accounting tasks with AI, a comprehensive understanding of accounting tasks as well as sophisticated planning is necessary.
We work with our clients to understand the workflow of their accounting tasks, identify pain points, and then plan and propose how we can solve those issues with AI technology.
Contact us
