AI In Finance

Auditoria Recognized as a Gartner Cool Vendor in Finance

Written by Elaine Nowak | Feb 6, 2023 4:19:37 PM



We’ve always known we’re pretty cool, but it’s nice to be recognized as a 2022 Gartner Cool Vendor in Finance!

Gartner recently named us a Cool Vendor based on the October 7, 2022, report titled Cool Vendors™ in Finance by Mark D. McDonald and Matthew Mowrey at Gartner. 

What’s their definition of cool?

According to Gartner, “this Cool Vendors report introduces CFOs to a curated list of currently available solutions that are challenging the traditional finance software market.”
And we totally agree. 

Finance is changing, and we’re proud to be recognized as a Cool Vendor which we believe is for  our efforts to transform the finance back office. 

A new breed of modern software vendors is building intelligent applications that offer compelling benefits for finance leaders who are hesitant to hand over decision making to a computer.

- Gartner 

We are increasing finance teams’ speed, accuracy, and efficiency using intelligent apps to automate manual and time-consuming Accounts Payable and Receivable processes while deriving greater cash position visibility. 

Purpose-built for finance, our SmartBots connect to your systems of record and shared email inboxes to effortlessly respond to communications with key stakeholders, capture documentation, create prioritized tasks, and assign items for human intervention.

Modernizing the Finance Back Office 

Modern intelligent finance applications deliver compelling value with which legacy providers cannot keep up with. These vendors tailor their platforms specifically for the finance audience, and each includes carefully developed features that fit squarely into the existing finance workflow. These modern applications minimize manual effort while boosting accuracy, speed, reliability, and ultimately, business performance.

- Gartner

This report also provides recommendations for CFOs that are looking to modernize solutions and advance productivity. These include: 

  1. Include non-traditional vendors in the search for finance software solutions by working with IT and procurement to bridge the concerns of using products from smaller and lesser-known providers.

  2. Build confidence in advanced technologies without assuming unnecessary risk by gradually implementing advanced features in small and deliberate stages so their performance could be validated prior to rollout.

  3. Get the most out of new software technology by using it across various use cases and finance departments. CFOs should review new vendors to see if they solve problems the organization had never considered with a purchased solution.

We are thrilled to be driving the future of Finance with intelligent, cognitive, and autonomous applications. We believe our cutting-edge technology, coupled with our market leadership, makes Auditoria the definitive choice for finance leaders ready to embrace the future of finance.

- Rohit Gupta, CEO and co-founder, Auditoria

Want to check out the report for yourself? Download a copy at Gartner.com.  

Gartner Disclaimer

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, COOL VENDORS is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved. Gartner does not endorse any vendor, product, or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s Research & Advisory organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.