3 ways AI is revolutionizing Professional Services

AI in professional services

or nearly every sector, AI and ML are not elements of a far flung future, but real tools useful to companies right now. Few industries feature more paperwork or repetitive tasks than the big two professional services — accounting and legal work — and tasks like invoice review, budgeting and compliance are particularly well-suited for AI intervention.

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Osome raises $16M to automate repetitive accounting tasks

Osome

AI-powered accounting platform Osome today announced that it raised $16 million in a series A funding round. The company plans to put the proceeds, which bring its total raised to over $24 million, toward expanding its footprint internationally and building new product integrations.

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Auditoria raises $15.5M to expand AI platform automating repetitive accounting tasks

Auditoria AI

Auditoria, a startup offering AI-driven automation products for corporate finance teams, today announced that it raised $15.5 million in series A funding. Cofounder and CEO Rohit Gupta says that the proceeds will shore up Auditoria’s investments in data science and the expansion of its sales, marketing, and customer success teams.

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Zeni raises $13.5M to automate bookkeeping with AI

Stack of papers

Zeni, an AI-powered finance concierge for startups, today announced it has raised $13.5 million in a series A round led by Saama Capital. The company says this will bolster the launch of its new product, Zeni, an intelligent bookkeeping, accounting, and CFO service available to startups across the U.S.

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Docyt raises $1.5M for its ML-based accounting automation platform

Docyt

Accounting isn’t a topic that most people can get excited about — probably not even most accountants. But if you’re running any kind of business, there’s just no way around it. Santa Clara-based Docyt wants to make the life of small and medium business owners (and their accounting firms) a bit easier by using machine […]

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