Auditoria.AI closes $6m round and launches new product

Auditoria.AI, which provides finance teams with automation software, has collected $6m in funding, alongside the launch of its new SaaS solution.

The capital infusion was led by Neotribe Ventures, Engineering Capital, and Firebolt Ventures.

Its new SmartFlow Skills service automates routine business processes to help accelerate financial insights and improve visibility and decision making. The SaaS solution combines AI-based finance process automation with natural language-driven configuration.

The service automated mission-critical finance business processes as well as querying and reconciling data into financial systems of record. It also builds predictive analytics to help companies access key financial indicators and be continuously audit ready while mitigating risks, eliminating errors and reducing accounting infractions.

Auditoria.AI co-founder and CEO Rohit Gupta said, “Auditoria SmartFlow Skills remove the friction, repetition, and wasted effort in the payables, receivables, FP&A and audit functions within a typical enterprise.

“For CFOs looking to identify hard-to-spot trends, accelerate predictive forecasting, improve business continuity, and make their accounting and back office teams more productive and efficient than ever before, Auditoria offers a modern, AI-driven automation platform that supercharges their ERP applications while streamlining their planning and audit efforts.”

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