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audity

audity

automated financial auditing

0

Created on 7th February 2025

audity

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

Discussion

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