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Choosing the Right Accounting Tools for your Franchise

MineralTree

It also provides a better audit trail than manual methods. Streamlined Company Audits: Automated AP software creates an audit trail with evidence of who did what, and when. This makes it easier to track transactions and identify any anomalies, streamline the audit process , and reduce the risk of non-compliance.

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The Accounting Technology Lab Podcast: Jan. 2024 – Recap of Thomson Reuters Synergy Conference

CPA Practice

And they’re launching, they will launch in the cloud audit suite, a smart analysis capability to find anomalies or high risk transactions, that’s going to streamline the data ingestion, use AI to identify transactions, and then automate testing and confirmations back. So even those types of announcements were made throughout the process.