Auditoria – a pioneer in automated AI-powered intelligent applications for finance – recently 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 for transforming finance processes and accelerating cash performance through sophisticated AI technology.
KPMG recognizes the potential for Auditoria’s technology to reshape the corporate finance landscape, including its powerful integration with Workday. And as a Workday-Approved software partner, Auditoria seamlessly processes Workday data to help organizations achieve greater cash position visibility by automating and orchestrating AP, AR, and GL business processes.
Organizations like FreshWorks, UserTesting, and others adopted Auditoria’s innovative technology. And these forward-thinking companies have embraced Auditoria’s AI-based applications to enhance business value, reduce IT complexities, boost business resilience, lower attrition rates, and expedite decision-making processes.
KEY QUOTES:
“We are thrilled to announce this investment from KPMG Ventures, reaffirming our commitment to driving innovation in finance. Not only does this solidify our unwavering dedication to spearheading innovation, but it also heralds a new era of transformative possibilities in the realm of generative-AI-enhanced products. Auditoria and KPMG will collaborate to deliver comprehensive finance transformation services that combine KPMG’s deep industry knowledge with Auditoria’s AI technology prowess.”
- Rohit Gupta, CEO of Auditoria
“We see potential in Auditoria.AI’s intelligent applications for corporate finance. Auditoria’s AI-enhanced products offer solutions that can support corporate finance transformation and automate complex financial tasks to improve both efficiency and accuracy.”
- Andrew Matuszak, Managing Director, KPMG Ventures
