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Auditoria.AI, BrainSell partner for corporate finance back office transformation
AI-driven automation solutions provider Auditoria.AI has partnered with growth enablement company BrainSell to deliver intelligent automation and power the zero-touch finance back office.
BrainSell is a growth enablement company that helps its clients and partners by solving business challenges with guidance and technology. According to BrainSell, most ‘enablement’ discussions revolve solely on the empowerment of the sales department; but BrainSell believes the entire organisation should be working together to help the business grow, as stated by the official press release. Auditoria increases the productivity of finance teams with SmartFlow Skills to automate, analyse, audit, and collaborate across the modern finance organisation with AI, Cognitive RPA, Natural Language Processing, and Machine Learning technologies.
This collective partnership will provide opportunities for Auditoria and BrainSell to be a part of ERP automation. While the finance back-office has been slow to implement artificial intelligence, Auditoria and BrainSell will work together to provide clients with new opportunities to automate financial back-office processes.
Oracle ERP Integrates Auditoria.AI Automation
Artificial intelligence (AI)-driven solution firm Auditoria.AI, which works with corporate finance teams, will partner with Applications Software Technology (AST) to improve automation for businesses, according to a press release.
With the partnership, Auditoria.AI’s SmartFlow Skills program will integrate into Oracle ERP Cloud, and it will work to help boost delivery for quick financial insights, improve serviceability and help with customer needs. AST is one of the premier implementation firms in the U.S. for Oracle ERP Cloud, the release stated.
Auditoria.AI’s SmartFlow Skill now integrated into the Oracle ERP Cloud
US-based Auditoria.AI, an AI-driven automation solutions platform for corporate finance, has announced that Auditoria.AI SmartFlow Skills will now support the Oracle ERP Cloud.
The integration is a result of the strategic partnership with Applications Software Technology (AST), an 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, improve the delivery speed of financial insights, as well as serviceability, and respond to customer needs.
Auditoria SmartFlow Skills will natively support modules inside the Oracle ERP Cloud application platform, including accounts payables, accounts receivables, general ledgers, and budgeting and planning.
Helping CFOs Put The Back Office On Auto Pilot
As a provider of back-office financial technology, it’s vital to speak with chief finance officer (CFO) and finance executive end-users about what they need and which friction points are giving them the most pain.
For the users of corporate finance automation technology firm Auditoria.AI, CFO Rohit Gupta said the top of the priority list is clear for today’s CFOs.
The Digital Evolution of Back Office Finance
Exploration into the rapidly evolving world of the CFO, and the innovative technologies that power back office finance
The Digital Evolution of Back Office Finance
The challenges facing CFOs and back office finance teams have remained the same for decades – they seek automated solutions to simplify, enhance and streamline their activities, and ERPs simply don’t suffice. If you talk with the CFO or accountant of any small or mid-sized company, they will likely share the various work-arounds they have employed and the pain points they experience with manual data entry and systems that do not integrate.
Pandemic exposes need to automate finance function amid limited resources
Finance chiefs are caught in a vicious circle, CFOs said in a CFO.com webinar last week. They’re too preoccupied by the pandemic to make the shift to automation even though they know doing so would improve their ability to respond to it.
Cognitive Apps Help Drive the Future of Autonomous Enterprises
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Traditional transactional applications have run their course. The pressure to reduce margins, technical debt and investment in core systems creates tremendous incentives for the automated enterprise. Customers seek cognitive-based approaches in order to build the true foundation for automation and artificial intelligence–driven precision decisions. The benefits include less staffing, reduced errors, smarter decisions and security at scale. The quest for an autonomous enterprise starts with a desire to consider what decisions require intelligent automation versus human judgment.
How Finance Pros Solve Back-Office Woes
Whether it’s workflow processes, data quality, or reporting troubles (to name a few), accounting and finance pros are echoing the same pains regarding how they handle their ERP and back-office efforts.
New research from Auditoria shows that accounts payable (AP) and receivable are the most manual back-office processes in their company, and 72% waste one full day per month just reviewing outsourced work. Furthermore, only one out of every seven people surveyed said that their ERP is sufficient to meet their automation needs. Ultimately, a 20-person team could lose upwards of $125k per year in hours spent coordinating manual accounting practices.
Auditoria.AI Secures $6M in Funding
Auditoria.AI, Santa Clara, Calif.-based provider of a SaaS solution that addresses challenges of the enterprise finance back office, raised $6m in funding.
The round was led by Neotribe Ventures, Engineering Capital, and Firebolt Ventures.
The company intends to use the funds to continue to expand operations and its business reach.
Company Info
Quick Facts
- Year Founded: 2019
- Office Locations: United States, India, Romania
- HQ Location: Santa Clara, California
- Founding Team
- Investors
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Auditoria.AI Becomes First Autonomous Finance Provider to Release SOC 2 Type 2 Assurance Report
/0 Comments/in Press Releases /by Nick EzzoSANTA 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.
Auditoria.AI Hand-Selected for the 2021 CRN® Emerging Vendors List
/0 Comments/in Press Releases /by Nick EzzoSANTA 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.
Auditoria.AI Announces the Results of “Tipping Point: 2021 State of Automation in the Back Office Report”
/0 Comments/in Press Releases /by Nick EzzoAUDITORIA.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.
Auditoria.AI Recognized for AI-Driven Automation in TiE50 Awards
/0 Comments/in Press Releases /by Nick EzzoAUDITORIA.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.
Otto Car Adopts Auditoria.AI SmartFlow Skills to Streamline and Automate Critical Finance Processes
/2 Comments/in Press Releases /by Nick EzzoAUDITORIA.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.
Auditoria.AI Recognized in Exclusive Group of “Hot Vendors” from HFS Research
/0 Comments/in Press Releases /by Nick EzzoAUDITORIA.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
/1 Comment/in Press Releases /by Nick EzzoAUDITORIA.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
/0 Comments/in Press Releases /by Nick EzzoAUDITORIA.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
/1 Comment/in Press Releases /by Nick EzzoSANTA CLARA, CA – January 14, 2021 – 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, […]
Auditoria.AI Named the Best Compliance Solution by the 2020 Tech Ascension Awards
/0 Comments/in Press Releases /by Nick EzzoSANTA 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 […]
Auditoria.AI and BrainSell Team Up to Transform the Corporate Finance Back Office
/0 Comments/in Press Releases /by Nick EzzoSANTA CLARA, CA – NOVEMBER 17, 2020 – 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 […]
Auditoria.AI Announces Support for Oracle ERP Cloud Through Global Alliance with AST LLC
/0 Comments/in Press Releases /by Nick EzzoSANTA CLARA, CA – OCTOBER 26, 2020 – 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 […]
Auditoria.AI and Armanino Create Global Alliance to Power the Self-Driving Back Office
/0 Comments/in Press Releases /by Nick EzzoSANTA CLARA, CA / ACCESSWIRE / October 8, 2020 / 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 […]
Auditoria.AI Transforms the Corporate Finance Back Office with New Intelligent Automation Capabilities
/0 Comments/in Press Releases /by Nick EzzoSANTA CLARA, CA – SEPTEMBER 22, 2020 – 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 […]
Auditoria.AI Named to Constellation ShortList™ for AI-Driven Cognitive Applications
/0 Comments/in Press Releases /by Nick EzzoSANTA CLARA, CA – August 24, 2020 – 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 […]
Auditoria.AI and MCS Group Join Forces to Accelerate Finance Transformation
/0 Comments/in Press Releases /by Nick EzzoSANTA CLARA, CA – August 20, 2020 – 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 […]
Auditoria.AI SmartFlow Skills Now Available on the Sage Intacct Marketplace
/0 Comments/in Press Releases /by Nick EzzoSANTA CLARA, CA – July 29, 2020 – 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 […]
Auditoria.AI’s 2020 Survey of Finance Professionals Finds the Finance Back Office Is Underserved by Automation Solutions
/0 Comments/in Press Releases /by Nick EzzoSANTA CLARA, Calif., May 20, 2020 – 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 […]
Auditoria.AI raises $6 million and introduces SmartFlow Skills to Power the “Self-Driving” Finance Back Office
/0 Comments/in Press Releases /by Nick EzzoSANTA CLARA, Calif., April 22, 2020 – 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 […]