MUMBAI: Auditoria.ai and MCS Group have announced a partnership that will deliver AI-based finance automation to Indian corporates. With this new agreement, several of MCS Group customers will be able to leverage artificial intelligence to automate routine repetitive business processes that take days to complete.
The enterprise AI market India is estimated to be at $ 100 million, growing at 200-250% CAGR, according to recent research and market reports.
Automation is the need of the hour, and is something that India’s vast SME sector needs to adopt in order to avoid inefficiencies and improve their productivity. To fill this gap, MCS will help MSMEs and large corporates to define and achieve their financial goals with AI driven automation.
“We are excited to bring Auditoria’s innovative technologies including Machine Learning, Natural Language Processing and more to our clients, thereby helping them accelerate their digital transformation initiatives, and bring greater efficiencies and productivity to the back office function,†said Chetan Shah, Senior Partner, MCS, in a statement.
Auditoria SmartFlow Skills offers an alternative to traditional approaches to execute typical finance back-office processes, which result in significantly improved business resiliency. Using natural language-driven configurations, it automates finance business processes while querying and reconciling data into financial systems of record.
Auditoria SmartFlow Skills is available for companies in India, Singapore and the Middle East through MCS Group.
