Kolva's Finance hub includes 10 specialized AI engines. This article covers the five most impactful tools: Voice CFO, anomaly detection, narrative reports, budget suggestions, and vendor intelligence.
Voice CFO
Voice CFO lets you talk to your financial data using natural language — either by typing or speaking. It is the fastest way to get answers without navigating dashboards.
- Click the Voice CFO button in the Finance sidebar or press the microphone icon.
- Ask a question in plain language: "What was our gross margin last quarter?", "Which entity has the highest DSO?", "Compare revenue this year vs. last year."
- Kolva queries your financial data, generates an answer, and reads it back to you using natural speech synthesis.
- The response includes the source data so you can verify the numbers.
Pro tip
Voice CFO supports French, English, Spanish, and German. It automatically detects your language from your profile settings. You can also switch mid-conversation.
Anomaly Detection
The anomaly engine runs continuously in the background, scanning your financial data for patterns that deserve attention. It flags:
- Duplicate payments — Same vendor, same amount, close dates. Each potential duplicate includes a confidence score (0-100).
- Threshold breaches — Expenses or line items that exceed their historical norms by a configurable percentage.
- Suspicious vendors — Vendors appearing under multiple names (Levenshtein distance matching), unusual payment frequencies, or amounts that deviate from contracts.
- Timing irregularities — Invoices dated on weekends or holidays, payments made outside approval windows, or receivables that suddenly age faster.
Important
Not every anomaly is a problem. The AI assigns severity scores to help you prioritize. Review high-severity items first, and dismiss false positives to help the engine learn your patterns.
Narrative Reports
Generate professional financial narratives in seconds instead of hours. Kolva offers three report tones tailored to different audiences:
- Board — High-level strategic summary with key highlights, risks, and recommendations. Formal tone, focused on governance-relevant insights.
- Comex (Executive Committee) — Operational detail with department breakdowns, variance analysis, and action items. Direct tone for decision-makers.
- Bank — Compliance-oriented report suitable for lending institutions, emphasizing liquidity, debt covenants, and repayment capacity.
To generate a report, go to Finance > Reports, select the period and tone, then click Generate. The AI produces structured sections that you can edit, export to PDF, or share with stakeholders.
Budget Suggestions
Building a budget from scratch is time-consuming. Kolva's budget engine analyzes up to 36 months of historical data and suggests budgets for each category:
- Category-level suggestions — Each expense category gets a suggested budget based on trends, seasonality, and growth rates.
- Justifications — Every suggestion includes an explanation: "Marketing spend grew 12% YoY with a seasonal peak in Q4; suggested budget accounts for this pattern."
- Scenario modeling — Adjust growth assumptions and see how the budget changes in real time.
Note
Budget suggestions are starting points, not final answers. Review each category with your team, adjust based on strategic priorities, and save the approved budget for variance tracking.
Vendor Intelligence
The vendor intelligence engine helps you optimize your supplier relationships:
- Duplicate vendor detection — Finds vendors registered under slightly different names (e.g., "Acme Corp" vs. "ACME Corporation") and suggests consolidation.
- Early payment discounts — Identifies suppliers offering discounts for early payment that you are not currently taking, along with the annualized savings.
- Spend consolidation — Groups vendors by category and highlights opportunities to consolidate spend for better negotiating leverage.
Pro tip
Run vendor intelligence quarterly. Even small duplicate vendor cleanups can save thousands in misdirected payments and reduce audit complexity.