AI Products

AI Products: AI Agent Suite that Elevates Accounting

Helping accountants realize their potential

The Fiscalix suite of AI Agents is transformational
  • Automates the audit life cycle and reclaim time
  • Ingests financial documents to fast-track analyses and recommend actions
  • Provides advanced analytics tools for effective sampling and error detection
  • Turbo-charges processes to enhance output within compressed timelines
  • Provides a natural, intuitive, and seamless interface
  • Delivers reliable automation with accuracy, security and compliance

Our suite empowers accounting and audit professionals to shift their focus from time-consuming chores to high-impact, value-added activities such as performing insightful financial analysis, solving difficult accounting and compliance challenges, and fostering more meaningful client interactions.

About Fiscalix AI Agents Suite

Our AI agents act as intelligent assistants, seamlessly integrating into business processes with a human-in-the-loop approach. They assist with financial workflows, risk assessments, document analysis, and compliance tasks while ensuring transparency, auditability, and quality control. Our agents simplify the end-to-end audit process from Engagement and Planning to Execution and Closure.

Engagement:

Laying the Foundation for a Seamless Audit Journey

  • Onboarding Streamlines the client onboarding process by intelligently analyzing data from both internal and external sources. Automates workflows with precision and ensures compliance
  • Budgeting Automates the budgeting process, drawing on internal metrics and finalizes pricing based on tiered structures
  • Staffing Optimizes team selection and role assignment, facilitates conflict and independence checks, and drives robust practice management

Planning:

Strategizing with Precision for an Impactful Audit

  • Preliminary Analytics
    • Decoder Converts client financial statements into a unified format, making financial analysis easier
    • Financial Ratios Automates calculation of financial ratios, providing AI generated insights on the audit impact of ratio changes
    • Variance Analysis Tracks variances in financial statements to better understand company performance over time
    • Materiality Analysis Calculates minimum thresholds based on multiple factors to support audit planning and execution
  • 8-K Analyzer Automates analysis of 8-K filings, extracting key details and mapping them to financial statement line items. Provides auditors with insightful summaries and a clear view of audit impact
  • Audit Planner Creates detailed, comprehensive and customized master audit plans, synthesizing insights

Audit Execution:

Ensuring Accuracy and Depth in Financial Examination

  • Policies & Compliance Evaluates client policy compliance against relevant accounting standards
  • Audit Programs Automates substantive procedures, improving accuracy and efficiency when assessing financial statement integrity.
  • Controls & Risk Facilitates comprehensive risk analysis and controls testing to evaluate the efficacy of internal controls and assess the degree of client risk

Audit Closure:

Bringing it All Together with Quality and Compliance

  • Execution ReviewStreamlines the iterative review process between Engagement Quality Reviewer, Partner and Manager, enforcing quality standards and ensuring completeness
  • Audit Report Compiles all findings, synthesizes data and generates insights to support drafting of the Audit Report
  • Closing Streamlines audit closure meetings, minutes, workpaper sign-offs, closure emails and audit trails

Workflow & Practice Management Toolkit

Focuses on efficient project and firm management

  • Practice Manager Provides complete overview of your firm’s operations. Manages client portfolios, tracks ongoing projects, monitors staff and skill inventories, and provides insights into billing and financials to enhance productivity and improve financial metrics
  • Clients Overview Offers a comprehensive client dashboard, covering performance, key personnel, contacts, accounting standards, and preferences.
  • Engagement Planner Provides comprehensive project details, charter, dependencies, resources and ongoing task management with timesheets and productivity modules

Coming soon

Other AI agent suites are under development

  • Direct and Indirect Tax Comprehensive direct and indirect taxation agent suite virtualizing each step of the tax process from engagement, planning, return preparation, review and submission to post-submission activities
  • Internal Audit & Pre-Audit Comprehensive Internal Audit & Pre-Audit agent suite embedding AI in the end-to-end workflow including scoping, risk assessment, audit plan development, execution, reporting, communication and monitoring

Fiscalix is a part of

307 Seventh Avenue Suite 1601,
New York, NY 10001.

Contact Us

info@fiscalix.com

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