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Auditoria Secures Investment from KPMG U.S. to Elevate AI-Powered Finance Automation Solutions

SANTA CLARA, CA / ACCESSWIRE / September 27, 2023 / AUDITORIA.AI, a pioneer in automated, AI-powered intelligent applications for finance, today announced an investment from KPMG LLP, the U.S. audit, tax, and advisory firm. This minority equity investment underscores Auditoria’s commitment and industry support to revolutionize finance processes and accelerate cash performance through cutting-edge AI technology.

Auditoria.AI Elevates Intelligent Automation at Workday Rising 2023, Showcasing Advanced Supplier Automation and Generative AI Capabilities

SANTA CLARA, CA – SEPTEMBER 7, 2023 – AUDITORIA.AI, the pioneer in automated, AI-powered intelligent apps for finance, announced its participation in Workday Rising 2023 in San Francisco, California, where it will showcase its Advanced Supplier Automation offering and Generative AI capabilities leveraging Workday Financial Management technology.  During the conference, Auditoria.AI will present two insightful speaking sessions highlighting the transformative power of intelligent automation and the competitive edge AI brings to the finance office.

Auditoria.AI Receives Industry-Wide Recognition for Groundbreaking AI Advancements in First Half of 2023

SANTA CLARA, CA – AUGUST 23, 2023 – AUDITORIA.AI, the pioneer in automated, AI-powered intelligent apps for finance, today announced prestigious industry recognition and accolades through the first half of 2023 as well as notable recognition from a top research firm as a must-have emerging technology in finance. Fueled by market demand for intelligent apps, Auditoria’s industry recognition and achievements through the first half of 2023 set the stage for sustained industry and company success through the end of the year.

Automation Gaps in Finance Office Exposed: Survey Unveils Opportunities for Artificial Intelligence to Bridge the Divide

SANTA CLARA, CA – JULY 19, 2023 – AUDITORIA.AI, the leader in natural language and generative AI technologies for corporate finance, today announced the results of the fourth-annual State of Automation in the Finance Office report. The report, Full Throttle for Finance Automation, underscores the immense potential and urgent need for automation in the finance office while revealing insights into the current state of automation in finance operations.

First Patent Granted to Auditoria.AI for Groundbreaking Natural Language and AI Applications

SAN JOSE, CA – May 9, 2023 – AUDITORIA.AI, the pioneer in automated intelligent apps for finance, today announced that the United States Patent and Trademark Office has issued the company Patent #US 11,615,110 B2 described as systems and methods for unifying formats and adaptively automating the processing of business records data, the core functionality of the Auditoria SmartFlow Platform.

Auditoria® Brings Generative AI to the Office of the CFO with SmartBots Trained in Finance, Accounting, and Procurement

SAN JOSE, CA – March 21, 2023 – AUDITORIA.AI, the pioneer in automated intelligent apps for finance, today announced the addition of generative AI, including GPT-3.5 Turbo and BLOOM, to its existing technology stack for SmartBots trained in finance language. While ChatGPT effectively answers basic queries and composes human-like text, Auditoria SmartBots are trained to comprehend accounting and finance, acting as “junior accountants” that engage with systems of record, shared inboxes, and critical stakeholders in corporate finance.

Auditoria.AI Named a Cool Vendor by Gartner® in the First Cool Vendors in Finance Report

SAN JOSE, CA – NOVEMBER 2,  2022 – AUDITORIA.AI, the leader in natural language and AI technologies for corporate finance automation, today announced it has been named a Cool Vendor based on the October 7, 2022 report titled “Cool Vendors™ in Finance” by Mark D. McDonald and Matthew Mowrey at Gartner. According to Gartner, “this Cool Vendors report introduces CFOs to a curated list of currently available solutions that are challenging the traditional finance software market.”

Auditoria.AI Revolutionizes Response Time for Accounts Payable and Receivable with AP and AR Helpdesk

SAN JOSE, CA – SEPTEMBER 22,  2022 – AUDITORIA.AI, the leader in natural language and AI technologies for corporate finance automation, today announced the availability of both the AP Helpdesk and AR Helpdesk, AI-enabled SmartBots that automate redundant and manual monitoring and management of shared AP and AR email inboxes. The data gathered from the automated customer and vendor interactions is captured with reporting that allows analysis and insights, better decision-making, and greater cash position visibility.

Auditoria.AI Achieves Workday Approved Integration for Workday Financial Management

San Jose, CA – September 13, 2022 – Auditoria.AI, the leader in natural language technologies for corporate finance automation and a Workday Ventures solutions partner, today announced that it has achieved Workday Approved Integration status. Auditoria provides customers with a seamless integration that connects Workday Financial Management with Auditoria SmartCollections. Auditoria SmartCollections processes Workday customer, invoice, and payment data to improve collections functions and optimize accounts receivable workflows.

Auditoria.AI Extends RPA Capabilities for the Office of the CFO with Microsoft Power Automate Integration

SAN JOSE, CA – SEPTEMBER 7,  2022 – AUDITORIA.AI, the leader in natural language technologies for corporate finance automation, today announced the latest in a series of SmartBot integrations that drastically extend the capabilities of finance teams using advanced robotic process automation (RPA) capabilities. Auditoria now seamlessly integrates with Microsoft Power Automate, thus automating redundant and manual accounts receivable processes to drive increased productivity and uncover greater cash position visibility. 

Auditoria Tops the Constellation ShortList™ of AI-Driven Cognitive Application for the Third Year in a Row

SAN JOSE, CA – AUGUST 17,  2022 – AUDITORIA.AI, the leader in natural language technologies for corporate finance automation, today announced it was named to the Constellation ShortList™ for AI-Driven Cognitive Applications in Q3 2022. The technology vendors and service providers included in this program deliver critical transformation initiative requirements for early adopters and fast-follower organizations.

Auditoria.AI Bridges the Gap in the Finance Office with SmartCustomer Product Offering

SAN JOSE, CA – August 9, 2022 – AUDITORIA.AI, the leader in natural language technologies for corporate finance automation, today announced the availability of Auditoria SmartCustomer, a suite of tools to improve cash flow, reduce days sales outstanding, minimize allowances for doubtful AR, and increase efficiency across the finance office. Using AI-enabled SmartBots, Auditoria’s SmartCustomer tools automate redundant and manual accounts receivable processes to drive increased productivity and uncover greater cash position visibility.

Auditoria.AI Announces the Results of “2022 State of Automation in the Finance Office Report: The Future of Finance Has Arrived”

SAN JOSE, CA – JUNE 30, 2022 – AUDITORIA.AI, the leader in natural language technologies for corporate finance, today announced the results of the third-annual State of Automation in the Finance Office report. The Future of Finance Has Arrived: 2022 State of Automation in the Finance Office Report revealed that corporate finance must step up to embrace automation or risk employee burnout, turnover, and ultimately a decrease in bottom-line results for the organization. 

Robotic Process Automation (RPA)

Auditoria.AI Extends Finance Cognitive Automation Market Leadership in 2022

SANTA CLARA, CA – MARCH 22, 2022 – AUDITORIA.AI, a pioneer in AI-driven automation solutions for corporate finance teams, today announced significant company growth at Shared Services and Outsourcing Week. This achievement includes greater than 200 percent customer growth, three new products for finance leaders, cutting-edge technology integrations, a $20M Series A financing, 14 new partnerships, and eight industry awards, underscoring the need for finance automation across the corporate back office.

Auditoria.AI Adds Powerhouse Executive Leadership to Disrupt Corporate Finance

SANTA CLARA, CA – FEBRUARY 10, 2022 – AUDITORIA.AI, a pioneer in AI-driven automation solutions for corporate finance teams, today announced the addition of Jason Murante and Sandeep Maharia to the Auditoria executive team. Each executive brings a wealth of experience in Enterprise Software and Engineering Product Development as Auditoria continues to disrupt and redefine the corporate finance back office. 

Auditoria.AI Awarded the Shared Services Outsourcing Network Impact Award for Technology of the Year

SANTA CLARA, CA – DECEMBER 9,  2021 – AUDITORIA.AI®, a pioneer in AI-driven automation solutions for corporate finance teams, today announced that the Shared Services Outsourcing Network (SSON) has awarded Auditoria® with the Impact Award for Technology of the Year. SSON’s Shared Services & Outsourcing Impact Awards is a globally recognized, annual industry awards ceremony, which honors and celebrates Shared Services Center (SSC) and service delivery teams who have exceeded industry standards in their shared services and outsourcing initiatives.

The era of SaaS is ending, Intelligent Apps are the future – Introducing the Intelligent Applications Top 40

Auditoria.AI Named to the Intelligent Apps Top 40 List

SANTA CLARA, CA / ACCESSWIRE / December 2, 2021 / AUDITORIA.AI®, a pioneer in AI-driven automation solutions for corporate finance teams, is honored to have a top 40 place in the industry-driven Intelligent Apps 40 list (#IA40) sponsored by Madrona Venture Group and Goldman Sachs. The list identifies companies at different stages that are building applications with AI. Meant to cut through the hype around AI, the winners were determined by a panel of more than 40 judges from top-tier venture firms that are investing in these areas.

Auditoria SmartPay

Auditoria.AI Debuts SmartPay at SuiteWorld 2021

SANTA CLARA, CA – OCTOBER 19, 2021 – AUDITORIA.AI, a pioneer in AI-driven automation solutions for corporate finance teams, today introduced Auditoria SmartPay, an automated B2B Payments offering, at SuiteWorld 2021. Combining artificial intelligence (AI), finance process automation and payments processing, Auditoria SmartPay significantly expands Auditoria’s finance automation market leadership by providing enterprises with a wide range of automated options to collect payments from their customers.

Auditoria.AI Named a Winner of the Inaugural Pitch Event By Constellation Research

SANTA CLARA, CA – September 16, 2021 – AUDITORIA.AI, a pioneer in AI-driven automation solutions for corporate finance teams, today announced it was named a first-place winner of The Pitch, a new competition for enterprise startups hosted by Constellation Research held earlier this week. The industry-wide two-day event brought together startup founders, enterprise technology decision-makers, venture capitalists, and system integrators to identify the next big player in enterprise technology innovation.

Auditoria.AI Named to Constellation ShortList for AI-Driven Cognitive Applications for the Second Consecutive Year

SANTA CLARA, CA – August 18, 2021 – AUDITORIA.AI, a pioneer in AI-driven automation solutions for corporate finance teams, today announced it was named to the Constellation ShortList™ for AI-Driven Cognitive Applications in Q3 2021. This is the second consecutive year Auditoria has been recognized by Constellation Research for its cutting-edge SmartFlow Platform and powerful SmartFlow Skills to accelerate finance transformation and improve cash flow performance across the corporate finance back office. 

Auditoria.AI Becomes First Autonomous Finance Provider to Release SOC 2 Type 2 Assurance Report

SANTA CLARA, CA – July 27, 2021 – AUDITORIA.AI, a pioneer in AI-driven automation solutions for corporate finance teams, today announced that the company has successfully undergone a System and Organization Controls (SOC) 2SM examination resulting in a CPA’s report stating that management of Auditoria maintained effective controls over the Security, Confidentiality, and Availability of its SmartFlow Skills Platform. The engagement was performed by BARR Advisory, P.A.

CRN Emerging Vendors

Auditoria.AI Hand-Selected for the 2021 CRN® Emerging Vendors List

SANTA CLARA, CA – July 19, 2021 – AUDITORIA.AI, a pioneer in AI-driven automation solutions for corporate finance teams, today announced that CRN, a brand of The Channel Company, has named Auditoria.AI to its 2021 Emerging Vendors list in the cloud category. This annual list honors new and up-and-coming technology vendors that have proven their commitment to innovation and growth within the larger IT channel. 

Tipping Point: 2021 State of Automation in the Back Office Report

Auditoria.AI Announces the Results of “Tipping Point: 2021 State of Automation in the Back Office Report”

AUDITORIA.AI, a pioneer in AI-driven automation solutions for corporate finance teams, today announced the results of the second-annual State of Automation in the Back Office report. Tipping Point: 2021 State of Automation in the Back Office Report revealed that while automation adoption is widespread across industries, it has yet to permeate the corporate finance department fully.

TiE 50 2021

Auditoria.AI Recognized for AI-Driven Automation in TiE50 Awards

AUDITORIA.AI, a pioneer in AI-driven automation solutions for corporate finance teams, today announced it has been selected as a 2021 TiE50 Winner in the prestigious TiE50 Awards Program. This annual awards competition is a program of TiEcon, the world’s largest conference for tech entrepreneurs. As a member of the exclusive group of startup award winners, Auditoria.AI was chosen by the TiE50 team for its powerful SmartFlow Skills, delivering AI-driven workflows and decision support across the massive volumes of enterprise data in the corporate finance back office. 

Robotic Process Automation (RPA)

Otto Car Adopts Auditoria.AI SmartFlow Skills to Streamline and Automate Critical Finance Processes

AUDITORIA.AI, a pioneer in AI-driven automation solutions for corporate finance teams, today announced Otto Car, London’s largest private-hire rental fleet, has selected Auditoria.AI to streamline and automate critical business processes. As one of the fastest-growing leasing companies for Uber drivers, Otto Car chose Auditoria’s powerful SmartFlow Skills and platform to help further scale its business while efficiently managing accounting and finance headcount. 

HFS Hot Vendor

Auditoria.AI Recognized in Exclusive Group of “Hot Vendors” from HFS Research

AUDITORIA.AI, a pioneer in AI-driven automation solutions for corporate finance teams, today announced it has been awarded the “Hot Vendor” designation by global business research consultancy HFS Research for Q1 2021. As one of only six elite vendors recognized within the report, Auditoria was chosen by HFS due to its intelligent delivery of data and insights, accelerating enhanced and automated decision-making across the corporate finance back office. 

Auditoria.AI Raises $15.5 Million to Usher in the Era of Zero-Touch Autonomous Finance

AUDITORIA.AI, a pioneer in AI-driven automation solutions for corporate finance teams, today announced it has raised $15.5 million in an oversubscribed Series A round. Venrock led the round, with participation from new investors like Workday Ventures and existing investors, including B Capital Group, Engineering Capital, Firebolt Ventures, and Neotribe Ventures.

Auditoria.AI and RSM Unveil Global Agreement to Strengthen Finance Automation Leadership

AUDITORIA.AI, a pioneer in AI-driven automation solutions for corporate finance teams, today announced an agreement with RSM US LLP (RSM), the nation’s leading provider of audit, tax, and consulting services focused on the middle market.

Auditoria.AI SmartFlow Skills Achieves ‘Built for NetSuite’ Status

AUDITORIA.AI, a provider of AI-driven automation solutions for corporate finance teams, today announced that its Auditoria.AI SmartFlow Skills has achieved the ‘Built for NetSuite’ status. The new SuiteApp, built using the Oracle NetSuite SuiteCloud Platform, helps organizations empower finance, accounting and audit teams to execute business processes, deliver predictive analytics and quickly respond to customer needs. 

Tech Ascension Awards Winner

Auditoria.AI Named the Best Compliance Solution by the 2020 Tech Ascension Awards

SANTA CLARA, CA – DECEMBER 10, 2020 – AUDITORIA.AI, a pioneer in AI-driven automation solutions for corporate finance teams, today announced Auditoria.AI SmartFlow Skills has been recognized as the Best Compliance Solution by the 2020 Tech Ascension Awards. Auditoria was one of only three companies recognized as a FinTech Award Winner by the Tech Ascension team. 

Auditoria.AI and BrainSell Team Up to Transform the Corporate Finance Back Office

AUDITORIA.AI, a pioneer in AI-driven automation solutions for corporate finance teams, today announced a strategic partnership with BrainSell, the growth enablement company specializing in end-to-end business technologies consulting and implementation services. Through this partnership, BrainSell will have access to the powerful SmartFlow Skills from Auditoria to deliver intelligent automation and power the zero-touch finance back office. 

Auditoria.AI Announces Support for Oracle ERP Cloud Through Global Alliance with AST LLC

AUDITORIA.AI, a pioneer in AI-driven automation solutions for corporate finance teams, today announced that Auditoria.AI SmartFlow Skills will now support the Oracle ERP Cloud through a strategic partnership with Applications Software Technology (AST) LLC, an award-winning, full-service enterprise solutions provider. Auditoria.AI SmartFlow Skills will be integrated into the Oracle ERP Cloud and as an AI-enabled RAPID ERP Solution to deliver intelligent automation to execute corporate finance business processes, accelerate the delivery of rapid financial insights, improve serviceability, and respond to customer needs. 

Auditoria.AI and Armanino Create Global Alliance to Power the Self-Driving Back Office

AUDITORIA.AI, a pioneer in AI-driven automation solutions for corporate finance teams, today announced a global alliance with Armanino LLP, one of the largest accounting and business consulting firms in the U.S. This new partnership will allow Armanino and its clients access to the powerful Auditoria SmartFlow Skills to augment corporate finance teams with intelligent automation to execute business processes, deliver rapid insights, and respond to customer needs.

RPA Robotic process automation

Auditoria.AI Transforms the Corporate Finance Back Office with New Intelligent Automation Capabilities

AUDITORIA.AI, a pioneer in AI-driven automation solutions for corporate finance teams, today announced new Intelligent Automation capabilities to transform the finance back office. Automated Intelligent Collections, Autonomous Planning and Intelligent Vendor Management reinvents how CFOs and corporate finance teams interact with collections and payments. After introducing SmartFlow Skills earlier this year, these three new capabilities significantly expand Auditoria’s approach to hyperautomation for the recovery of time, removal of friction and improved cash flow performance across the corporate finance function. 

Auditoria.AI Named to Constellation ShortList™ for AI-Driven Cognitive Applications

AUDITORIA.AI, provider of AI-driven automation solutions for corporate finance teams, announced today it was named to the Constellation ShortList™ for AI-Driven Cognitive Applications in Q3 2020. The technology vendors and service providers included in this program deliver critical transformation initiative requirements for early adopter and fast follower organizations.

Auditoria.AI and MCS Group Join Forces to Accelerate Finance Transformation

AUDITORIA.AI, provider of AI-driven automation solutions for corporate finance teams, and MCS Group,  a multifunctional professional service group rendering a range of value-added services, announced a partnership that will deliver AI-based finance automation to MCS Group clients. With this new agreement, several of MCS Group customers in India, Singapore, and the Middle East, will be able to leverage cutting-edge artificial intelligence to automate routine, repetitive business processes that otherwise take days or weeks, while accelerating surgical financial insights that improve visibility and decision making. 

Auditoria.AI SmartFlow Skills Now Available on the Sage Intacct Marketplace

AUDITORIA.AI, provider of AI-driven automation solutions for corporate finance teams, announced today that its SmartFlow Skills Platform is immediately available in the Sage Intacct Marketplace. As the first-ever “cognitive AI” solution to be Sage Intacct certified, Auditoria automates routine repetitive business processes that otherwise take days or weeks, while accelerating surgical financial insights that improve visibility and decision making.

Auditoria Survey eBook

Auditoria.AI’s 2020 Survey of Finance Professionals Finds the Finance Back Office Is Underserved by Automation Solutions

Auditoria.AI, a provider of AI-driven automation solutions for finance teams, today announced results of its 2020 survey entitled “Automation in ERP and the Finance Back Office,” which polled hundreds of finance professionals, showing that most companies automate a small fraction of back-office processes. Further, a majority say they are not getting the automation they need from their ERP systems.

Auditoria.AI raises $6 million and introduces SmartFlow Skills to Power the “Self-Driving” Finance Back Office

Auditoria.AI today announced SmartFlow Skills, a groundbreaking new SaaS solution that addresses the most pressing challenges of the enterprise finance back office. Auditoria is the first company to combine AI-based finance process automation with natural language-driven configuration and powerful recommendation analytics to produce a system of intelligent engagement for ERP applications. Auditoria also announced $6 million in venture financing led by Neotribe Ventures, Engineering Capital, and Firebolt Ventures.