Yemi Orogbemi
Founder & CEO
Seventeen years of finance experience: senior accountant, financial planner, financial analyst, finance manager, sales controller, Python expert, and data scientist.
Like other entrepreneurs, I have faith in chasing my dream, which requires me to invest everything I have and raise money from my family. And with the hectic life of an entrepreneur, I don't have enough time to pay attention to the funds entrusted to me. An important task that is not an employee's responsibility.
Nemo is my solution to owning financial responsibility, a solution I'm offering to help other entrepreneurs take control of their finances.
We're training Nemo to monitor financial health, review transactions, track cash, run reports, and alert managers when something needs attention.
Why artificial intelligence?
Like a 2-year-old in a toy store, money, the lifeblood of organizations, tends to scatter around when you take your attention off it. Money is not a static thing; it is an energy that requires constant motion and strong control.
Ai for finance is like purchasing one of those GPS devices for kids. It wouldn’t stop a 2-year-old from wandering off, but it would notify the caretaker when they’re doing so. Furthermore, the solution would allow the caretaker to work on other priorities knowing the GPS will send an alert when attention is needed.
With its many repetitive and standardized tasks, financial analysis is ideally suited for Ai. The platform interacts with systems and applications involved in the process and mimics manual financial analysis 24/7. An alert will be sent if a potential cost overrun or risk is detected.
Like a GPS, Nemo watches the map so you can focus on the road ahead.
Past automations
P&L and Balance Sheet
Manual: 2 days
Cash Flow Report and Forecast
Manual: 3 days
Sales Flash
Manual: 14hrs
Open position Report
Manual: 24hrs
Quarterly GP Report
Manual: 15hrs
Quarterly Commission Report
Manual: 3 weeks
Purchase Order Report
Manual: 20hrs
TV and Radio Advertising Reports
Manual: 5 days
Marketing Financial Report
Manual: 3 days
Construction Costs Reports
Manual: 5 days
Procurement Tracking Reports
Manual: 4 days
Procurement Pick Ticket
Manual: 3 days