AI Financial Management Service IC Participates in Startup Expo NextRise

IC, an operator of artificial intelligence (AI) financial management services, announced on the 10th that it will participate in 'NextRise 2024 Seoul,' the largest domestic startup expo held at COEX for two days starting on the 13th.

NextRise is the largest domestic startup event co-hosted annually since 2019 by the Korea International Trade Association and KDB Industrial Bank, where major domestic and overseas startups and investors participate to seek collaboration. IC is participating in the NextRise event upon recommendation from the Bank권청년창업재단 D.CAMP.

IC is a financial planning and analysis (FP&A) software-as-a-service (SaaS) that automatically analyzes and visualizes in real-time about 20 essential financial indicators necessary for corporate management based on bookkeeping, ledgers, and financial statements. When bookkeeping, ledgers, and financial statements are uploaded to the IC platform, it visualizes key financial indicators such as contribution margin, cash runway, and cost analysis in real-time. Unlike electronic resource planning (ERP) systems that require high installation and maintenance costs, the subscription-based SaaS is more affordable.

At the IC booth, visitors can try the IC program firsthand and receive detailed usage explanations. Amy Lee, CEO of IC, said, “We are the only startup developing FP&A participating in NextRise,” and added, “We look forward to extensive communication with startup stakeholders interested in financial analysis services.”

This content was produced with the assistance of AI translation services.