INTERVIEW

The big 5F interview about the future of auditing with the help of artificial intelligence

Marco Bogendörfer spoke with Prof. Dr. Kai-Uwe Marten from the University of Ulm and Eli Fathi, CEO of MindBridge in Ottawa.

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Data analysis

Ai Auditor: AI-based data analysis for auditors and tax consultants

As a sales partner of the Canadian company MindBridge, 5FSoftware relies on the software solution Ai Auditor, the world’s first and only AI-based platform for risk detection and assessment of business data.

With this, a powerful tool is provided that is capable of detecting and displaying suspicious deviations in business processes.

Faster than any human being, “Ai Auditor” uncovers unintentional mis-bookings, but also attempts at manipulation (fraud), up to complex, internationally intertwined embezzlement attempts.

MindBridge has been named a “technology pioneer” by the World Economic Forum 2020.

Identify errors, omissions, duplicates, and anomalies in financial data in no time
You can use the risk-based assessment of each transaction to improve sample selection for all financial and audit procedures
Stop searching for the smallest misposting
You can process and analyze data from all common systems
Save your frequently used audit queries for recurring transactions
Provide your clients with visually easy-to-understand evaluations

Benefits for auditors and tax advisors

  • The software is able to analyze all business data in full within the shortest possible time

  • The “Predictive Analytics” function provides visually well-prepared evaluations that show future business developments. This shortens key decision-making processes for your clients

  • Intuitive operation, no programming skills required

  • More certainty than ever before

  • Save time and resources in the audit

NEW

Please read the detailed experience report by tax consultant and auditor Stephen McIntosh, authorized signatory of INTARIA AG, Munich, about his experiences with the Ai Auditor from MindBridge in our blog.

Read our Interview

Time for the essentials

The AI-supported analysis tool “Ai Auditor” is not only a consistent step towards digitalization, it also supports auditors and tax consultants in concentrating on their core business: the individual and optimal advice of their clients.

About MindBridge

MindBridge is a privately held FinTech company based in Ottawa, Canada. Using machine learning and artificial intelligence, MindBridge systems detect anomalies in financial data, such as unintentional or intentional errors. They are therefore used in particular for fraud detection (fraud).

MindBridge was recognized by the World Economic Forum in 2020 as a technology pioneer in recognition of the advancement and transformation of the ability to analyze data in tax and business consulting professions worldwide.

Do you have any questions about using AI in practice?

We are happy to demonstrate the performance of this new instrument personally.

Schedule a free presentation.

Do you have any questions about using AI in practice?

We are happy to demonstrate the performance of this new instrument personally.

Schedule a free presentation.