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In this 28-minute conference talk from Data Science Conference Europe 2024, discover how Finspot Technologies transformed financial analysis by utilizing real-time transactional data to evaluate company health. Learn how Jovan Milovanovic and his team developed Heartbeat, an innovative tool that processes approximately 50TB of data using heuristics and machine learning algorithms to provide near real-time insights into business performance. Explore the methodology of connecting daily transaction data with traditional year-end financial statements to create a more comprehensive and timely view of company wellbeing, particularly beneficial for young and small businesses. Understand how this approach revolutionizes financial analysis by enabling more informed and timely decision-making beyond what traditional balance sheets can offer.
