Aprio, which is one of the largest business advisory and accounting firm in the U.S., announced a five-year, $300 million investment in AI and automation, along with acquiring TimeCredit, a 2024 AICPA and CPA.com Startup Accelerator company.
This marks a milestone in Aprio’s goal to build an AI-enabled firm that offers smarter, faster, and more valuable services across audit, tax, legal, and advisory practices.
TimeCredit, known for its AI-powered automation platform, enhances accuracy and speed in accounting processes, expanding Aprio’s AI portfolio and capabilities in audit, tax, reporting, and advisory services.
Three key members of the TimeCredit team, including CEO Ndonga Sagnia, have joined Aprio, with Sagnia serving as Senior Director of AI Transformation to advance AI strategy.
The $300 million investment, spread over five years, aims to develop a scalable, AI-driven firm providing value to clients and staff. This transformation will be guided by Aprio’s AI Council, aligning technology investments with business needs.
As Aprio expands its AI ecosystem, it remains committed to developing intelligent solutions that meet market demands, grow with clients, and empower professionals.
The company’s AI strategy includes integrating TimeCredit’s platform and advanced tools for drafting, legal analysis, automation, and workflow streamlining, improving accuracy, reducing turnaround times, and enabling higher-value work.
KEY QUOTES:
“At TimeCredit, we have always believed that technology will be the key driver for growth in the accounting profession. With Aprio, we are combining truly advanced technology with strong domain expertise to create smarter solutions for clients and professionals alike. I’m excited to join a firm that is on the leading edge of the profession.”
Ndonga Sagnia
“This investment is about more than just adopting new tools. It’s about fundamentally reimagining how we work. By adding new platforms to our growing AI ecosystem, we are doubling down on our belief that technology, when paired with the best people, can reshape the future of professional services.”
Richard Kopelman, CEO, Aprio
“By integrating intelligent automation into our workflows, we are building a more agile, responsive organization that delivers faster insights for clients and a more fulfilling experience for our team members. We believe our AI ecosystem can truly scale with our goals, helping us stay ahead of client needs while empowering our people to do their best, most impactful work.”
Brent McDaniel, Chief Digital Officer, Aprio
