AI and the Audit
Business shouldn’t be limited by what’s humanly possible — and neither should the audit.
We challenged ourselves to capture AI's extraordinary speed and accuracy to transform audit quality.
AI Audit for Cash
Duration: 00:02:29
“AI Audit for Cash demonstrates our commitment to investing in AI technologies to keep the audit fit for purpose and relevant for the future.”
Auditing cash across five key tests
AI Audit for Cash enables cash audit procedures to be executed effectively by technology including AI. It covers these areas of the audit of cash:
Cash balances
Bank reconciliations
Bank confirmations
Foreign exchange
Financial condition
The process is fast, seamless and intuitive and the result is a more hassle-free, frictionless experience, driving audit quality, accuracy and reliability.
Innovating to meet stakeholder needs
Expert auditors from around the world, working with Silicon Valley data scientists and expert UI/UX designers, came together to build AI Audit for Cash. This intelligent machine works with speed and accuracy to perform routine audit activities previously carried out manually by audit teams, providing insights in time to act.
Trained on millions of lines of data
Working with extraordinary speed and accuracy
Doing in minutes what once took days
Awarded Audit Innovation of the Year
“It’s got huge potential to completely revolutionise the way that we audit cash”
Awarded Audit Innovation of the Year
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