Why do we use AI?
At Sage, the ambition is to create the world's most trusted and thriving network for SMBs, powered by AI. Correctly used, AI can enhance processes and help businesses get time back. That's why we want to embed it within all of our tools.
How do we use AI?
Sage Earth Carbon Accounting uses AI to categorise transactions synced from your financial accounting platform. This helps speed up the process of making sure Sage Earth Carbon Accounting has all the data it needs to estimate your carbon footprint.
While AI handles most of the categorisation, you’ll need to confirm or re-categorise some transactions to ensure maximum accuracy.
Each confirmation or correction helps the system learn and improves efficiency over time.
Sage Carbon Accounting syncs and checks for new transactions daily to keep your data up to date.
What accounting data is used by the AI model?
When matching transactions to the correct category, Sage Earth Carbon Accounting uses AI to analyse specific fields from your accounting data:
Supplier name
Transaction description
Nominal code
Only these fields are used by the AI model. Based on this data, the AI applies the category it believes best matches the transaction, prioritising the one it’s most confident in. The transaction will be matched to an EIF (Emissions intensity factor), which is a standardised value used to estimate the amount of greenhouse gases (GHGs) released into the atmosphere per unit of activity.
The AI model improves over time by processing more accounting data and learning from user input. Each time users confirm or correct the category assigned to a transaction, the model becomes better at accurately identifying the right category.
Find out more: What data is used from my accounting package?
Our Commitment to AI and Data Ethics
Sage is committed to upholding the highest standards in AI and data ethics. We prioritise:
Data integrity and security
Transparency and trust
Protecting you and your business
To learn more about how Sage uses AI, visit our AI and Data Ethics site.
Find out more: How our categorisation engine works