Manually tagging and categorizing financial data takes time and often leads to inconsistencies. With Abacum’s AI Classifier, you can automatically detect patterns and organize your data into meaningful categories — tailored to your business needs. In just a few clicks, your datasets become structured, accurate, and ready for analysis.

Key Benefits of Abacum's AI Classifier

With Abacum's intelligent classification system, you can:

• Automatically classify financial data using advanced AI that identifies patterns and relationships in seconds

• Create business-relevant categories tailored to your organization (e.g., Sales, Marketing, R&D, Operations)

• Ensure consistency and accuracy across all your financial datasets and reporting structures

Step-by-Step Implementation Guide

1. Select Your Dataset

Begin by opening the financial dataset you want to organize within the Abacum platform. This could include transaction data, expense reports, revenue streams, or any other financial information requiring classification.

2. Create a New AI Classification Model

Define the specific category type you'd like the AI classifier to generate based on your business requirements. Common examples include:

• Area type classification (departments, business units)

• Account grouping (asset categories, expense types)

• Supplier segmentation (vendor categories, payment terms)

• Revenue stream categorization

3. Run the AI Classifier

Once configured, Abacum's AI classifier automatically analyzes your data, detecting underlying patterns and relationships. The system then assigns appropriate category values to each record based on the learned patterns, ensuring consistent classification across your entire dataset.

4. Work with Structured, Analysis-Ready Data

Your financial dataset is now clean, properly categorized, and ready for immediate use across budgets, forecasts, variance analysis, and executive reports. The AI classifier ensures your data maintains consistency for reliable financial planning and decision-making processes.

Maximizing Your AI Classifier Results

To get the most from Abacum's AI classification capabilities, ensure your initial dataset contains clear, representative examples of the categories you want to create. The more comprehensive your training data, the more accurate your AI classifier will become at identifying and categorizing future financial records.