Savant Labs Awarded 2025 Top Analytics Automation Solution By Cfo...
Home » News

Savant Labs Awarded 2025 Top Analytics Automation Solution By Cfo TechOutlook

CFO Tech Outlook | Tuesday, July 22, 2025

Savant Labs: Democratizing Analytics for the Modern Enterprise

In a world awash with data, the real power lies in turning that information into insights—fast.

Nowhere is this more urgent than in the office of the CFO, where decisions must be both precise and timely. Yet, as the demand for automated, intelligent analytics soars, a critical shortage of skilled technical professionals threatens to slow progress.

Enter Savant Labs—a generative AI-powered analytics automation platform co-founded by Chitrang Shah, Matt Mesher, and other former leaders from Lattice Engines.

Born from the need to close this gap, Savant Labs is reimagining how enterprises unlock value from their data. With scalable, secure, and intuitive tools, the company is quickly becoming a catalyst for a new era of decision-making—where analytics is no longer a bottleneck, but a built-in advantage.

The Analytics Supply-Demand Imbalance

At the core of Savant Labs’ inception lies a fundamental observation: while businesses are generating data at an unprecedented pace, the technical expertise required to analyze and automate insights has not kept up. Shah, Co-Founder and CEO, explains the critical nature of this gap:

“There is an incredible mismatch between what I call the supply and demand for analytics, especially in the office of the CFO,” he says. “There are about three million data engineers who can program and build analytics, yet there are 60 million business analysts who are data-savvy but not programmers. That’s the problem we’re solving.”

Business analysts—deeply familiar with the operational side of their organizations—are typically proficient in data handling but lack the programming skills to build and scale automation. As a result, they’re often stuck in repetitive tasks, regenerating the same reports day after day. Enterprises are essentially left with an army of capable professionals unable to scale their impact due to technological barriers. This structural issue not only leads to inefficiencies but also throttles the ability of organizations to become truly data-driven.

A Market Ready For Disruption

Stay ahead of the industry with exclusive feature stories on the top companies, expert insights and the latest news delivered straight to your inbox. Subscribe today.

The problem is hardly new. Earlier analytics tools like Alteryx and Excel helped popularize the idea that business analysts could take ownership of data workflows. But as Shah and Mesher observed, these platforms remain largely unmanaged, on-premise, expensive to scale, and cumbersome to use. Many workflows are still heavily reliant on spreadsheets, leading to data inaccuracies and compliance risks. These limitations crystallize around three major pain points: cost, governance, and usability. 

Legacy pricing models, based on per-user licensing, are incompatible with scaling. If a Fortune 500 company wants to expand access to analytics across departments, the cost multiplies linearly with each new user—making broader adoption financially impractical.

Additionally, governance suffers. Sensitive business data and processing logic often reside on individual laptops, making compliance and oversight nearly impossible.

Most crucially, the usability gap persists. Despite being designed for non-programmers, previous-generation tools lacked modern analytics features, required weeks of training, and still saw adoption rates hovering around 20–30 percent.

Savant Labs recognized that a fundamental shift was required—one that would not merely upgrade existing capabilities, but reimagine analytics automation from the ground up using generative AI.

Cloud and AI-Native By Design

Savant Labs is not merely cloud-based; it is cloud- and AI-native—a distinction deeply embedded in the platform’s DNA. It natively connects to a wide range of data sources—from data warehouses and business applications to SharePoint and OneDrive. Importantly, data doesn’t need to be downloaded or moved. Instead, it is processed within the customer’s own virtual private cloud (VPC), ensuring maximum security and compliance.

This architecture allows organizations to retain full control over their data and processes. They can enforce security standards, maintain compliance, review and audit work, and dramatically reduce operational risk. From centralized visibility into data access to granular control over user actions, the platform addresses the most pressing concerns enterprises face in analytics management.

In The Words Of Mesher, Co-Founder And Head Of Product:

“The thing we’re most focused on is giving superpowers to business analysts. Technologies have gotten more powerful, but never easier to use. We’re changing that—all with centralized governance and oversight.”

Governance That Empowers, Not Restricts

Savant Labs embraces transparency and auditability with an enterprise-ready governance model that is both intuitive and robust. The platform supports Continuous Integration and Continuous Deployment (CI/CD) for analytics workflows, allowing organizations to enforce standardization across reports and metrics. This is particularly critical in large enterprises where various teams might calculate KPIs like revenue differently, creating confusion and misalignment.

The governance system is further enhanced by workflow approval mechanisms. Business analysts can build and prototype reports independently, but any workflow to be published or integrated into business processes must receive approval from a central team. This ensures consistency, accuracy, and alignment with enterprise-wide data standards.

Auditing—a traditional pain point for enterprises—is seamlessly integrated. Every report, from data ingestion to final output, is logged and time-stamped. Auditors can access a complete historical trail for any metric, with immutable records that demonstrate compliance and reproducibility.

Usability Meets Automation

Perhaps Savant Labs’ most groundbreaking achievement lies in its approach to usability. While the back-end architecture is sophisticated and cutting-edge, the front-end experience is refreshingly intuitive. With a familiar, spreadsheet-like interface augmented by generative AI and analytics agents, analysts can construct and automate complex workflows without writing a single line of code.

Mesher’s personal journey reinforces this design philosophy. Having spent his career in analytics, he understands firsthand how powerful tools often fail due to inaccessibility. He recalls an early experience working with the National Governors Association, where his team took six months to produce a job growth analysis for every U.S. county—not due to a lack of talent, but because of clunky tools and inefficient processes. With Savant, those same workflows can now be automated in a matter of days.

The platform empowers analysts to focus on high-value work rather than rote repetition. It replaces error-prone Excel macros and sluggish desktop processes with intelligent automation, dramatically reducing time to insight and increasing reliability.

A Pricing Model Aligned With Value

One of the most innovative aspects of Savant Labs’ offering is its pricing model. Unlike legacy platforms that charge per user, Savant uses a consumption-based model. Enterprises are billed only when a workflow is executed or a report is generated. This aligns cost directly with value, allowing organizations to scale usage without financial friction.

This model is particularly attractive to large enterprises. Fortune 500 clients typically realize a reduction in total cost of ownership by over 50 percent simply by shifting from seat-based to consumption-based licensing. It encourages broader adoption while remaining financially sustainable—a rare feat in enterprise software.

Case In Point: Zynex Medical

Zynex Medical, a publicly traded company specializing in pain management devices, faced significant roadblocks with their legacy solutions—until they partnered with Savant Labs.

Before Savant, Zynex relied on well-known legacy tools like Alteryx and Excel to address reporting and data needs across finance, supply chain, and business units. While Alteryx initially served its purpose, it quickly became clear the tool couldn’t scale with Zynex’s evolving demands. When Zynex adopted Savant Labs, the transformation was immediate and impactful. Within just four weeks, over 20 users—primarily from finance, supply chain, operations, and analytics—were successfully onboarded. Unlike their previous experience, scaling access came at no additional cost. 

One of Savant Labs’ standout features is its intuitive user interface, designed for Excel-savvy professionals. Users didn’t need to learn a new programming language or master a complex toolset. Instead, they could type their data questions in natural language, and Savant’s generative AI engine translated them into actionable formulas and logic. Even users unfamiliar with Excel formulas could explore data confidently and independently.

The results speak for themselves. In just three months, the value generated from Savant Labs had already paid for itself four times over. Zynex unlocked widespread data access, improved compliance, and reduced IT overhead—proving that a modern, intuitive platform can empower even the leanest teams to deliver enterprise-wide impact.

A Platform For The Future

By empowering business analysts, ensuring rigorous governance, and delivering enterprise-grade scalability, Savant Labs is effectively bridging the supply-demand divide in analytics. The platform serves as a force multiplier, enabling organizations to derive far greater value from their existing teams without requiring an army of data engineers.

Savant Labs provides the infrastructure to make a company’s aspiration to become data-driven a reality. Its generative AI engine doesn’t just make it easier to analyze data—it makes it possible for more people to do so effectively, securely, and at scale.

As Shah Succinctly Puts It:

“We empower business analysts to leverage generative AI, no-code tools, and centralized governance to automate analytics end to end. That’s how we’re reshaping the future of analytics, and that’s how modern analysts are transforming businesses.”

It’s safe to say that Savant Labs stands apart by offering a unified platform that is as powerful as it is practical. By staying rooted in the real-world challenges analysts face every day—and combining that empathy with cutting-edge technology—the company is not just building software; it’s building a movement.


 

 

More in News

Today, the Chief Financial Officer (CFO) plays a broader role that goes beyond traditional financial management to include the integration of sustainability into business strategy. As key leaders in promoting environmental responsibility, CFOs are now responsible for aligning sustainability efforts with financial goals—ensuring that ecological initiatives not only support cost reduction but also drive long-term value for shareholders. Six Steps CFOs Can Take to Drive Their Sustainability Agenda Align Sustainability with Financial Objectives The modern CFO is pivotal in integrating sustainability goals with financial strategies, contributing to long-term profitability and shareholder value. Across industries, CFOs are aligning sustainability initiatives with broader economic objectives. For instance, investing in renewable energy and implementing energy-efficient technologies helps mitigate environmental impact and optimizes operational costs. This alignment enhances shareholder value by addressing sustainability challenges while improving financial performance. Enhance Stakeholder Trust In today’s business climate, CFOs are under greater scrutiny from investors, regulators, customers, and employees. They are tasked with establishing and maintaining trust by providing transparent and accurate sustainability reports. By adhering to rigorous reporting standards, CFOs can demonstrate the company’s commitment to environmental conservation, social accountability, and ethical governance. This transparency builds trust and credibility among stakeholders, reinforcing the company’s reputation as a responsible and sustainable entity. Focus on Risk Management and Compliance Sustainability-related threats—including climate change, supply chain disruptions and evolving regulatory requirements—present material risks to a company’s financial stability. CFOs must identify, evaluate and mitigate these exposures to safeguard performance and protect corporate reputation. By integrating structured tax compliance and reporting support from MyTaxPrepOffice , organizations can reinforce regulatory oversight while embedding sustainability metrics into broader risk management frameworks. This approach enables CFOs to address emerging challenges proactively, maintain compliance with shifting standards and strengthen long-term financial resilience. Drive Performance Improvement CFOs are uniquely positioned to identify opportunities for cost reduction, efficiency gains, and innovation by tracking critical sustainability metrics. Metrics such as energy consumption, carbon emissions, and diversity statistics can guide decision-making. By optimizing resource management, improving product differentiation, and aligning with socially conscious consumer preferences, CFOs can simultaneously enhance brand value and financial performance, proving that sustainability drives long-term success. VStock Transfer delivers transfer agency and shareholder record management services that support compliance, transparency and corporate governance. Facilitate Access to Capital As ESG factors increasingly influence investment decisions, CFOs can attract capital by providing accurate, transparent sustainability disclosures and demonstrating a clear commitment to ESG performance. By focusing on ESG credentials, CFOs can broaden their investor base, reduce borrowing costs, and enhance financial resilience. In this way, CFOs play a crucial role in securing investment, ensuring the company is well-positioned to meet its economic and sustainability goals. Navigate Complex Reporting Standards With the evolving landscape of sustainability reporting standards, CFOs must stay updated on frameworks such as the Global Reporting Initiative (GRI), the Sustainability Accounting Standards Board (SASB), and the IFRS Sustainability Disclosure Standards. Navigating this complex reporting environment requires careful attention to best practices, enabling CFOs to ensure compliance with regulatory demands while promoting transparency and comparability. By mastering these standards, CFOs can strengthen the company’s sustainability reporting and enhance its reputation in the marketplace. By aligning sustainability initiatives with financial objectives, enhancing stakeholder trust, managing risks, and improving operational performance, CFOs are positioning their organizations for long-term success. Their ability to navigate the complexities of sustainability reporting and secure capital based on strong ESG credentials further strengthens the company’s resilience and market position. As sustainability becomes integral to corporate strategy, the CFO’s leadership in integrating financial and environmental goals is essential for fostering a sustainable and profitable future. ...Read more
For years, finance teams have carried the responsibility of translating performance into numbers. But in 2025, those numbers mean more than profit or growth. Across Europe, performance now includes sustainability reports, environmental footprints and governance standards that demand the same accuracy once reserved for profit and loss statements. Inside many finance departments, a quiet shift is unfolding. The rise of FP&A as a key force behind ESG accountability. The Expanding Mandate of the CFO Today’s European CFOs are being handed wider and heavier responsibilities. Forecasts still matter, but now they’re expected to give insight into both financial and non-financial value. The problem is that most legacy systems were never meant to handle data like carbon emissions, workforce diversity or supplier ethics. ESG reporting speaks a different language, one focused on risk and impact over time rather than quarterly gain. That’s why many finance leaders are leaning toward connected FP&A systems that treat sustainability metrics as part of the same process as financial planning. The same discipline used to predict revenue now helps track carbon budgets and test the financial cost of climate regulations before they hit. Technology as the Translator Between Finance and ESG One lesson has become clear through this transition: CFOs don’t just need data processing tools. No, they need tools that help them make sense of the story behind the numbers. Modern FP&A systems are evolving into smart modeling platforms. Solutions such as Jedox  FP&A Software  help organizations pull operational, financial and sustainability data into one shared space. With this, companies can visualize how an environmental decision might echo through their profit line. Whether through carbon taxes, shifts in supply chains or investor confidence. That kind of visibility is exactly what regulators and stakeholders are now demanding. It ensures that ESG goals are not handled in isolation, but woven into financial planning from the start. Done right, it turns compliance into genuine foresight. Europe’s Regulatory Pressure Cooker Europe continues to lead in sustainability regulation. With the  Corporate Sustainability Reporting Directiv e  (CSRD) now in effect, thousands of companies (many for the first time) are required to publish detailed ESG information this year. This new reality is a wake-up call for finance teams. The old way of doing things, with spreadsheets and manual number-crunching, just doesn't work anymore. Regulators aren't just asking for reports. No, they want proof with numbers that are accurate, easy to compare, and traceable back to the source. To keep up, companies are investing in stronger digital foundations to handle ESG analytics. FP&A technology sits at the center of that shift because it gives teams the structure to collect, test and link sustainability KPIs to financial outcomes in real time. It gives finance leaders the agility to react to new reporting demands without rebuilding systems every quarter. From Compliance to Competitive Advantage What was once seen as a compliance headache has turned into a competitive edge. Investors are no longer looking only at earnings. No, they’re judging companies by how well they measure and manage environmental risk. FP&A platforms are uniquely placed to turn that awareness into measurable advantage. They allow CFOs to model how sustainability initiatives (like cleaner energy sourcing or circular production) lead to  financial resilience  over time. The ability to connect responsibility to profit reshapes how capital is allocated and how performance is defined. As ESG data starts flowing naturally through planning cycles, finance teams begin to shift the conversation. It’s no longer just about what must be disclosed, but about what can be improved. The move from reactive compliance to proactive decision-making marks the difference between a company that follows and a company that leads. Building Bridges Inside the Business Every strong ESG strategy depends on collaboration, and FP&A has become the bridge between departments that once worked in silos. So, by using shared models and connected tools, CFOs can align environmental goals with financial priorities so they reinforce each other instead of competing. That alignment builds trust, not only with internal teams but also with investors, regulators and the broader public. Perhaps most importantly, this shift is changing the heart of company culture. The finance pros who were once celebrated as elite number crunchers are now learning to become interpreters of long-term value. The role of the CFO has exploded past traditional accounting. Today, they’re helping to write the actual definition of what true success looks like for the entire organization. A Future Built on Integrated Intelligence The next stage of FP&A will rely heavily on intelligent systems that blend ESG with predictive analytics. Artificial intelligence and scenario modeling will allow finance teams to forecast the financial outcomes of sustainability choices before they’re even made. Imagine being able to model not just cash flow but carbon flow just to see how switching suppliers or investing in green technology changes profit trajectories. That’s where European finance is heading. The organizations leading this change are those treating technology as both a strategic and ethical partner. When finance can track fiscal performance alongside social and environmental results, it doesn’t just record progress. It drives it. ...Read more
In the fast-paced world of real estate and lending, efficiency and accuracy are critical factors that can determine the success of a mortgage application. Traditional document processing systems often struggle with the sheer volume of paperwork, leading to delays and human errors. Enter the AI-powered mortgage document processing platform, a technology that is transforming how financial institutions handle mortgage applications. How Does AI Enhance Document Processing in Mortgages? AI technology automates the extraction, analysis, and verification of information from mortgage documents. By leveraging natural language processing (NLP) and machine learning algorithms, these platforms can quickly scan through numerous documents, such as loan applications, W-2 forms, bank statements, and credit reports. The AI identifies critical data points, such as income and employment history, which can be cross-verified against financial databases in real-time. The accuracy of AI algorithms significantly reduces the risk of human error when manually entering data. With intelligent systems that learn from past mistakes, the more data they process, the better they become at understanding complex document structures. AI-enhanced platforms like AiCR advanced analytics support detailed document classification and verification that feed structured outputs into workflow engines with reduced manual intervention. This results in faster processing times and the ability to handle larger volumes of applications without sacrificing quality. Moreover, AI can streamline compliance in mortgage processing.  Regulatory requirements can change rapidly, making it a daunting task to keep up. An AI-driven platform can stay up to date with legal changes, ensuring that all processing complies with current regulations. This not only protects the lending institution but also enhances the borrower’s experience by expediting approval processes. What Are the Benefits of Implementing AI in Mortgage Processing? The benefits of AI-powered document processing platforms extend beyond mere efficiency. This technology provides a host of advantages for both lenders and borrowers. AI can drastically reduce the time it takes to process mortgage documents. What once took days or weeks can now be accomplished in mere hours, significantly accelerating the overall mortgage approval timeline. Automating document processing minimizes the need for extensive manual labor, thereby reducing labor costs for lenders. Additionally, faster processing speeds lead to faster loan approvals, enabling lenders to close deals more quickly. Faster processing times directly translate into improved customer satisfaction. AiCR Borrowers appreciate the swift responses and clearer communication that come from an efficient system. With AI handling routine inquiries and updates, staff can focus on complex cases that require human intervention. AI platforms can analyze vast amounts of data to provide insights into lending trends and borrower behavior. This data can help lenders not only improve operational efficiency but also make strategic decisions on risk assessment and product offerings. As the real estate market continues to evolve, embracing innovative technologies like AI-powered document processing is essential for lenders aiming to stay competitive. By streamlining operations and enhancing customer service, these platforms are not just a passing trend—they represent the future of mortgage processing. The integration of AI into mortgage document processing platforms offers transformative benefits for both lenders and borrowers. With technology poised to play a pivotal role in shaping the mortgage industry, institutions that adopt AI solutions will be well-positioned to navigate the challenges of an increasingly digital financial landscape. ...Read more
 Accounts receivable (AR) is a vital aspect of a company’s financial health, reflecting payments due for goods or services sold on credit. A well-managed AR system is essential for maintaining consistent cash flow, yet many businesses struggle with effective management. By recognizing common challenges and applying strategic solutions, companies can speed up collections, improve cash flow, and increase profitability. Understanding Common Challenges One of the most prevalent challenges in accounts receivable is the delay in customer payments. Late payments can disrupt cash flow, making it difficult for businesses to meet their financial obligations. This issue often stems from customers lacking sufficient cash flow or financial management skills, leading them to prioritize other payments. Additionally, the complexity of billing and invoicing can lead to customer confusion, resulting in delays. Another significant challenge is the lack of effective communication. When businesses do not maintain open lines of communication with their customers, issues related to invoices can go unaddressed. Misunderstandings regarding payment terms, amounts owed, or due dates can hinder prompt payments. Moreover, if customers are unaware of their outstanding balances or have difficulty contacting accounts receivable staff, they may not prioritize settling their debts. Managing a diverse customer base can introduce additional complexities into the accounts receivable process. Customers often operate under varying payment terms, approval workflows and financial conditions, which can delay collections and strain cash flow management. By integrating structured tax and financial reporting support from MyTaxPrepOffice , organizations can strengthen oversight and improve alignment between invoicing practices and broader compliance frameworks. For instance, larger enterprises may require extended internal approvals before releasing payments, while smaller firms may face liquidity constraints that affect their ability to settle invoices promptly. Implementing Effective Solutions To mitigate these challenges, businesses must prioritize effective credit management policies. This starts with thorough credit checks on potential customers before offering credit terms. Businesses can minimize the risk of late payments and bad debts by assessing their creditworthiness. Additionally, setting clear payment terms from the outset and ensuring customers know their obligations can reduce misunderstandings. Furthermore, implementing an automated invoicing system can streamline the billing process. Draggoo Financial Group provides financial advisory and lending solutions focused on responsible capital access and long-term financial stability. Automation helps ensure that invoices are sent out promptly and accurately, reducing the risk of human error. Many businesses also find that electronic invoicing allows quicker delivery and faster payments. Following up on invoices consistently is equally important. A gentle reminder a few days before the due date can prompt customers to prepare for payment, while a follow-up immediately after a missed payment can facilitate an open dialogue about any issues the customer may be experiencing. Enhancing Customer Relationships Successful accounts receivable management involves not merely collecting payments but also nurturing customer relationships. Building strong relationships can foster goodwill, encouraging timely payments in the future. Regularly communicating with customers, offering flexible payment terms when possible, and providing excellent service can strengthen these relationships. Additionally, involving customers in invoicing can create a sense of partnership. Some companies have found success by allowing customers to access their account information online, enabling them to monitor their outstanding balances and payment history. This transparency can increase accountability and a higher likelihood of timely payments. ...Read more