South KoreaTechnology and telecom2026 – ongoingWebcash
Company-wide AI program for accounting, expense checks, card audits and contract review
Webcash says AI cut its monthly contract review from 400 hours to 167 and its card audit from 160 staff hours to 4
Problem
Webcash staff spent many hours each month on repetitive finance, accounting and HR work. These included expense approval, balance checks, card audits and affiliate contract review.
Approach
Webcash ran an internal AI transformation program it calls AX. Staff follow an ASK AX FIRST rule and consult AI before looking for documents or people. The company picked 20 AX Masters this year, chosen by how much they raised productivity with AI. It now plans to offer the same approach to customers in finance and the public sector.
Results
Takeaway
Most of the savings came from routine back-office checks. The company did not say how it measured the hours before and after.
Categories
- Industry
- Technology and telecom
- Business function
- Finance, risk and legalProduction and quality
- Innovation type
- Process innovation
- AI technology
- Generative AIAI agents
- Adoption
- Built in-house
- Evidence
- Company's own claim
Sources
Source summaries
The article reports a talk by a Webcash executive at AI World 2026 on September 9. It lists time savings in accounting, expense checks, card audits and contract review, and a drop in administrative staff working overtime. It also describes the company's plans to sell AI agents to banks and public-sector customers.
Full details are in the original sources.
