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Audit procedures require accountants to deal with a
lot of files. For example, auditors reconcile hundreds of sales records with
corresponding contracts, purchase orders, shipping notices, invoices and subsequent
cash receipts. In addition, many client companies keep these files as papers and
PDF. As a result, auditors are forced to manually read the files to check if the
sales records are correct. Auditors also have to handle large datasets, such as
general ledger and sub-ledgers to find errors and frauds.
GenialAI supports those who want to fix these issues.
Auditors interact with GenialAI to automate the revenue testing and other audit
procedures. Let GenialAI take care of repetitive audit tasks. GenialAI also assists
human judgments such as sampling. Furthermore, GenialAI smoothly integrates with
ERP systems to extract and analyze ledgers with AI. This wil give auditors another
tool to investigate accounting data.
At core, GenialAI adheres to the following four
Does GenialAI make unpleasing changes? Not at all.
GenialAI will not edit things without your review. Moreover, GenialAI gets smarter
as it learns from past user actions, but we know that going too far can turn things
messy. Algorithms are helpful but not perfect. So, just leave routine analysis to
GenialAI. Only human can disentangle misunderstandings and misinterpretations.
GenialAI automatically processes data to eliminate
technological issues like difference in file type and encoding. Once a user gives a
command, GenialAI analyzes the data to suggest possible modifications or enrichments
by using algorithms and internal databases. This suggestion liberates the user from
manually finding data inconsistencies and manually fixing them. Therefore, the user
will be able to (go home earlier or) take more time communicating with people to
treat things that only people can solve.
GenialAI takes advantage of cloud computing to save
your time. To provide you with the result quickly, GenialAI’s engine
temporarily increases the background resource. On the other hand, intuitive user
interface solicits you to explore the functions. No need to take time on searching
online manuals. Human-computer interaction is our priority.
All accounting data are confidential. GenialAI turns on account control, separates
database by customer and encrypts connections by default. Users can delete the data
from the server at any time. We are under review to acquire an ISO 27001 (ISMS)
certificate. Per request, SOC 2 reports will be provided.