Alaan becomes the first Middle Eastern FinTech to integrate OpenAI

By Leandra Monteiro

Alaan, a UAE-based corporate spend management FinTech, has announced the integration of OpenAI’s advanced artificial intelligence technology onto its user platform to provide relevant insights on corporate spend and answer critical business questions in real time.

Parthi Duraisamy, CEO and Co-Founder of Alaan said, “We’re proud to be the first company in the region to integrate OpenAI’s advanced technology into our platform and are excited to use this groundbreaking software to further push our customer-first ideology. This partnership will allow us to provide our users with a more intelligent, intuitive, and efficient experience. We believe this integration will be a game-changer in expense management, and we look forward to its positive impact on our users’ businesses.”

With the integration of OpenAI, Alaan can leverage natural language processing (NLP) capabilities to provide users with a more intelligent, intuitive, and efficient expense management experience. The advanced AI-powered system will help users manage expenses with greater accuracy, speed, and convenience.

Through the integration with OpenAI, Alaan will offer users the ability to naturally type queries related to spending activities and receive personalised and context-aware responses within seconds, significantly improving the overall user experience. Additionally, the chatbot helps users categorise and analyse expenses in real time, identify patterns and trends in spending behaviour, and alert users to any unusual activity. This provides immense value to businesses to manage their expenses more effectively, saving time, reducing errors, and improving their bottom line.

The integration with OpenAI is now live and available to all Alaan users.