SAN RAMON, Calif.--(BUSINESS WIRE)--Armanino LLP (Armanino), a top 20 accounting and consulting firm, continues to revolutionize the SOC 2 assessment process with the integration of bespoke, generative AI updates to Audit Ally™, the firm's custom-built data compliance assessment tool. Already, Audit Ally’s AI enhancements have reduced evidence submission and approval processes by approximately 50%, saving clients and Armanino professionals significant time. These enhancements reinforce Armanino’s position as a premier provider for SOC 2 assessments.
“At Armanino, we are leading the charge in unlocking the transformative power of AI in the accounting and consulting space," said Matt Armanino, CEO of Armanino. "Audit Ally is just one example of our team’s commitment to deploying AI in smart ways to truly improve how we service our clients while maintaining the highest standards of quality and security. This is just the beginning of how we are reshaping the future of our industry to drive better outcomes for our clients.”
Audit Ally, powered by AWS Bedrock and Anthropic Claude 3, now boasts native generative AI capabilities to summarize highly-technical audit notes and translate them into actionable insights for clients, all while keeping the auditor fully in control of the communications. This new feature saves auditors valuable time while effortlessly informing auditees in plain English about the progression of their assessment, missing information or improper documentation, creating a self-contained paper trail within the dashboard. Audit Ally puts client privacy and data security at the forefront as well, ensuring compliance with data privacy regulations. To learn more about Armanino’s AI-powered accounting tools with Claude, click here.
Audit Ally also integrated Intercom’s Fin AI Agent, providing clients with instant responses to questions around their SOC 2 assessment from a trained chatbot. This chatbot can help immediately answer questions around progress, missing items, or alert and connect the client with an Armanino team member for a quick resolution.
“Any auditor can tell you how challenging it is to use compliance-friendly language that clients understand and how much they agonize over time lost trying to translate audit-speak into action items, so that clients and auditors are on the same page,” said AJ Yawn, Partner, Product & Innovation for Armanino. “With generative AI in Audit Ally, translating audit-speak into clear guidance speeds up the process significantly, improving clarity.”
Audit Ally’s updates build on the momentum of overwhelming, positive feedback from its early users. The tool’s enhanced security features, seamless user experience, and centralized data management have already translated to higher efficiency and ease-of-use. To learn more about Audit Ally click here.
About Armanino LLP
Armanino LLP is one of the 20 largest independent accounting and business consulting firms in the nation. A certified B Corporation®, Armanino provides an integrated set of audit, tax, business management, consulting and technology solutions to companies in the U.S. and globally. The firm helps clients adapt and change in every stage of business, from startup through rapid growth to the sale of a company. Armanino emphasizes smart technology, leading a cloud revolution of financial, operational, sales and compliance tools that are transforming the way companies do business. Armanino is an independent member firm of Moore North America Inc. (MNA), which is itself a regional member of Moore Global Network Limited (MGNL), one of the world’s major accounting and consulting membership organizations. All the firms associated with MNA and MGNL are independent entities, owned and managed in each location. Their membership in, or association with, MNA or MGNL should not be construed as constituting or implying any partnership between them. In addition to its core consulting and accounting practices, Armanino operates its division, AMF Media Group (amfmediagroup.com), a media and communications services agency.
