audity
automated financial auditing
0
Created on 7th February 2025
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audity
automated financial auditing
The problem audity solves
20-30% of business invoices contain errors or manipulation.
Fake vendors and duplicate invoices inflate financial statements, leading to compliance risks
Manual audits are slow and struggle with crores of records.
₹1.5 trillion ($18 billion) lost annually to fraudulent invoicing (Source: ACFE)
Challenges I ran into
bill verification
Technologies used
Discussion
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