MCS enters the $100 million Indian AI automation market with Silicon Valley based Auditoria.AI

AUDITORIA.AI, provider of AI-driven automation solutions for corporate finance teams, and MCS Group, a multifunctional professional service group rendering range of value-added services, announced a partnership that will deliver AI-based finance automation to Indian Corporates. With this new agreement, several of MCS Group customers specifically in India will be able to leverage cutting edge artificial intelligence to automate routine repetitive business processes that otherwise take days or weeks, while accelerating surgical financial insights that improve visibility and decision making.

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. Business owners now need to start looking at technology as a boon, which can take care of the processes, and allow them to focus on their customers, on their revenues and on their business growth. And in order to do that, one need systems which are fast and systems which are simple. To fill this gap, MCS will help MSMEs and large corporates to define and achieve their financial goals with AI driven automation.

“We are very pleased to partner globally with MCS Group,” said Rohit Gupta, Auditoria’s CEO and Co-Founder. “The Group’s impeccable reputation and long history of providing innovative solutions will be a key asset as we streamline and automate critical processes in the finance back office.”

“Throughout our group’s history, we have striven to deliver the highest quality of service and the best technical solutions to our clients,” said Abhay Mehta, Senior Partner at MCS. “Auditoria brings an incredibly compelling array of AI-driven automation solutions that will delight our customers, and corporate finance teams, at large. In particular, 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 at MCS.

Auditoria SmartFlow Skills offers a reliable alternative to traditional approaches to execute typical finance back-office processes, which result in significantly improved business resiliency. Using natural language-driven configurations, Auditoria SmartFlow Skills ephemerally automates mission-critical finance business processes, while querying and reconciling data into financial systems of record.

Additionally, SmartFlow Skills includes modern machine learning algorithms to drive statistical and predictive analytics, allowing companies to have rapid access to key financial indicators, higher accuracy and precision in predictive recommendations, and being continuously audit-ready while mitigating risks, eliminating errors, and reducing accounting infractions.

Auditoria SmartFlow Skills is generally available for companies in India, Singapore and the Middle East through MCS Group.