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Auditoria Receives Investment from KPMG U.S.

Oct 04, 2023 - finsmes.com
Auditoria, a Santa Clara-based company specializing in AI-powered applications for finance, has received a minority investment from KPMG U.S. The financial details of the deal were not disclosed. The company plans to use the investment to improve its finance processes and speed up cash performance through AI technology.

Auditoria's applications help finance teams automate business processes in accounts payable, accounts receivable, general ledger, and vendor management. The company's technology uses natural language technologies, artificial intelligence, machine learning, OCR, and advanced RPA to automate tasks and provide real-time visibility into cash performance. Several leading companies use Auditoria's services to accelerate business value while minimizing IT involvement, improving business resilience, lowering attrition, and accelerating business insights.

Key takeaways:

  • Auditoria, a company specializing in AI-powered intelligent applications for finance, has received a minority investment from KPMG U.S.
  • The exact amount of the deal was not disclosed.
  • Auditoria plans to use the investment to enhance its finance processes and accelerate cash performance through AI technology.
  • Auditoria's services are used by leading companies including Bring IT, Folio3, Freshworks, GameChange Solar, Momentum Telecom, UserTesting, and more.
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