Audit stories

Sixthfin debuts Closing in the UK, an AI-enabled tool to automate period-end account reconciliation and tighten financial close controls.

Cloudhouse launches Drift Detection Audit for banks, targeting hidden configuration changes blamed for outages and rising resilience risk.

Fieldguide secures USD $75m Series C from Goldman Sachs to scale agentic AI for audit firms, lifting its valuation to USD $700m.

AI use in Australian payroll soars to 77%, yet more than a third of employers still doubt they are consistently paying staff correctly.

VEON will use MindBridge AI to scrutinise all financial transactions in real time, replacing traditional sample-based internal audits.

US mid-market CFOs eye AI to free time for strategy but say adoption hinges on strict human oversight and verifiable audit trails.

Ricoh’s CloudStream service has achieved SOC 2 Type II audit status, bolstering its cloud security credentials for regulated industries.

AppOmni study finds average SaaS breach costs USD $1.365m, as customers report big time savings, fewer audit issues and faster detection.

FloQast surpasses $200m ARR and strikes EY AI alliance as it targets enterprise finance transformation and global expansion.

Manual compliance is throttling security teams, as RegScale finds delays, staff strain and patchy automation in most large organisations.

Codific urges boards to prioritise preemptive cyber defence, identity and supply-chain control as 2026 scrutiny and rules tighten.

Unit4 marks 100th ERPx go-live, ramps up AI learning and security as more public and private sector customers move to its cloud ERP.

As payers deploy always-on audits, healthcare must hardwire real-time documentation and coding checks into everyday clinical practice.

Ripple-owned GTreasury buys Australian fintech Solvexia to fuse treasury, reconciliation and compliance in one automated finance platform.

Commvault and Pinecone team up to deliver immutable backups and rapid recovery for mission-critical RAG and vector database workloads.

Sage CTO Aaron Harris says CFOs must demand transparent, auditable AI in finance as trust becomes a measurable requirement by 2026.

Tanium and ServiceNow have partnered to enhance IT security and automation by integrating real-time endpoint intelligence with AI-driven workflows.

RightRev launches a unified lessor accounting platform integrating ASC 842/IFRS 16 and ASC 606/IFRS 15 to support hardware firms adopting XaaS models.

Adactin appoints Avinash Peter as CFO to lead finance operations and support its expansion across the Asia Pacific technology services sector.

PwC standardises global finance using Oracle Cloud ERP, embedding AI to boost efficiency, transparency and streamline reporting across its firms worldwide.