Insightsoftware announces AI solution Lineos

Corporate accounting solutions provider insightsoftware announced the release of Lineos, its AI-powered suite for financial planning and analysis, accounting and operations. Overall, it is intended to be used for automating manual tasks, surfacing data-driven insights and patterns, and simplifying workflows with generative AI. 

“While finance teams recognize the potential of AI, many struggle to make it meaningful,” said Lee An Schommer, chief product officer and general manager for ERP reporting & BI at insightsoftware. “CFOs are challenging their teams to boost productivity with AI, but finding a starting point can be difficult. We are dedicated to the Office of the CFO, delivering AI solutions that tackle real-world challenges like report generation. With Lineos, we empower finance teams with an AI-powered ‘line of sight’ into their data, enabling confident, data-driven decision-making.”

Specifically, the AI gives access to Doc Assist, which gives AI-sourced answers about the product itself, Data Assist, which instantly breaks down trends and anomalies in business data to offer guided analysis tools, Text Assist, which groups and summarizes data, Report Assist, which creates detailed, professional reports with no advanced training needed, and Content Assist, which suggests the best pre-built reports, dashboards, and views for the current task. 

Lineos is also integrated throughout the entire product suite, including Operational Reporting for Oracle EBS and OCA, Operational Reporting for SAP ECC and S/4HANA, Operational Reporting and Distribution, Budgeting and Planning, Disclosure Management and Regulatory Reporting, Strategic Financial Reporting for EPM solutions and more. 

The release comes just shortly after the company announced the launch of a new reporting solution for Microsoft Dynamics 365 Business Central users, Jet Reports Online (it acquired Jet Global Data Technologies in 2019.) Last month the company also announced it had acquired JustPerform, a cloud-native planning, consolidation and reporting platform, adding enterprise performance management capabilities to its portfolio.