Revolutionizing internal auditing — lightning fast analysis powered by expert AI
MindBridge Ai Auditor is a game-changing platform for analyzing financial data, and it’s empowering internal audits to be prepared with confidence, so you can protect, govern and analyze like never before. From file ingestion to an audit plan in seconds. That’s not a pipe dream for the future, that is the reality today with MindBridge Ai Auditor.
Identify all the risk, in seconds
The world’s first and only artificial intelligence powered auditing platform, Ai Auditor performs a full-coverage analysis, handles big data with ease, and assesses the risk of general ledger and sub-ledger datasets to provide a comprehensive assessment of journal entry risks, as well as end-user and vendor risks for accounts payable, and accounts receivable sub-ledger data through its visual interface. Ai Auditor provides organizations with the ability to quickly ingest general and sub-ledger data to provide greater effectiveness and higher assurance for its internal financial audit team.
The most comprehensive analysis, with zero scripting or training
With Ai Auditor, cumbersome CAAT tools are a thing of the past, and with them go the associated risk of missing errors or fraud in the data. With completeness, granularity and speed, Ai Auditor performs near-instant analysis of 100% of the datasets and across complete transactions.
Powerful testing, transparent results
The analysis is comprehensive – dozens of analysis criteria cross-correlate to assess risk on every transaction, user and vendor. These controls points are a wealthy mix of business rules, statistical methods and AI Machine Learning, seeded by the domain expertise of some of the world’s top CPAs.These control points do all the analysis, so you don’t have to worry about it. No black-box magic, all the details of these risk rankings are at your fingertips, in our sleek, intuitive reporting interface, so you can explore, investigate — seeing exactly what is drawing concern, and why.
Ai Auditor key features
- Smart data import with numerous third-party integrations
- Advanced machine learning and rules-based control points
- 20+ reports including income statements, financial trending analysis and financial analysis
- Risk-based scoring on every user, vendor and transaction
- Intuitive user interface with no required scripting or training
- Intelligent transaction sampling
- Highly extensible with automatic service updates
Governance and cost, take the power back
The time and resource savings provided by MindBridge Ai can be staggering. Wasting time on data ingestion and account groupings are now a relic of the past. Solutions that require IT resources, scripting and training on CAAT tools, those solutions are working against you, not with you.
Ai Auditor works by your side, taking care of the heavy lifting, proving the best possible analysis for your audits, while freeing you spend time where it matters. Ai Auditor alleviates the reliance on sampling techniques and gut instincts to identify issues in data, for the very first time, removing human involvement and bias from audit insights. Decrease operational cost, increase independence, and achieve greater governance.
Be ready for your audit, ahead of time
Ai Auditor has been engineered, from the ground up, as a fast and intuitive tool that encourages exploration and presents you the best opportunities to discover new insights. This allows you to continually monitor your business throughout the year, create a real-time feedback loop with your auditors and have less of an annual marathon, with more time to spend on strategic advice.
Redefining reasonable assurance
Dozens of the most powerful risk-detection criteria on Earth, including expert taught AI and machine learning algorithms, working together to analyze 100% of your data, including all monetary flows between accounts? That’s not some pipe dream for the future, that’s MindBridge Ai Auditor today. Welcome to reasonable assurance, redefined.
100% data analysis
A wise man once said, “Sampling is a coping mechanism for dealing with large data.” Don’t leave risk assessment to chance, Ai Auditor analyzes your entire data set, and unlike any other solutions it examines full transactions, looking at the monetary flows between accounts, all credits and all debits. Oh, and we also provide a sleek sample-selector tool that helps you adhere to current processes, and to justify if required, precisely why those samples were selected.
Zero scripting, zero training
Wasting time on data ingestion and account groupings are now a relic of the past. Solutions that require IT resources, scripting and training on CAAT tools, those solutions are working against you, not with you. Ai Auditor works by your side, taking care of the heavy lifting, providing the best possible analysis for your audits, while freeing you spend time where it matters.
Identify risk, in seconds
With a powerful and intuitive reporting interface, Ai Auditor empowers you to examine and compare risk assessments across the entirety your entire data, whether it be by account, by time, by user, vendor or transaction. The visually compelling drill down functionality provides a beacon to explore the data at a more granular level, where detailed risk assessments, and their explanations are just a click away.
Demystifying Artificial Intelligence and the Impact on Auditing
AI is helping of a number of professions, including auditors, deal with a changing landscape. Learn how the Ai Auditor platform leverages AI to provide faster, more highly assured audits than ever before.
MindBridge Ai Technology, Mission and Product Overview
Learn about our MindBridge Ai technology, why we created it and how we take a hybrid approach cross-correlating business rules, statistical methods and machine learning to deliver better financial analysis.
Interview with Becky Shields of Kingston Smith
Kingston Smith, a top 20 UK chartered accountancy and audit firm is leveraging MindBridge’s Ai Auditor. Becky Shields talks about the value that Ai Auditor brings to the firm.