Digilence offers a cloud-based digital intelligence platform that automates repetitive accounting tasks using artificial intelligence, machine learning, and intelligent document processing. This solution addresses the inefficiencies of manual compliance work in accounting firms, enabling them to achieve a minimum of 400% ROI in the first year and reduce operational costs by 35% to 80%.
Funding
Funding not disclosed
Founders
Product
Problem
Accounting firms often struggle to effectively leverage emerging technologies to automate, scale, and grow due to complex, non-integrated systems and inconsistent processes, leading to repetitive and mundane tasks. Practice areas frequently operate in silos with duplicate technologies, making technology-driven transformation costly and time-consuming.
Solution
Digilence offers a cloud-based digital intelligence platform designed to automate repetitive accounting tasks across audit, tax, client accounting, and other back-office functions. The platform leverages artificial intelligence, machine learning, and intelligent document processing to digitize inefficient processes and transform documents into actionable data. By integrating with existing software providers, Digilence consolidates tools and data across the firm, enabling a digital-first approach with consistent processes and advanced vendor systems. This allows firms to reduce operational costs and improve efficiency.
Target Audience
The primary customers are accounting firms seeking to automate repetitive tasks, reduce operational costs, and improve efficiency through digital transformation.
Features
- Cloud Integration: Connects and consolidates the ecosystem of tools and data across the firm.
- Cloud Automation: Leverages AI, ML, and intelligent document processing (IDP) to automate processes.
- Cloud Applications: Provides an all-in-one digital-first application suite to transform the user experience for accounting firms and their clients.
- Integrates data, documents, and workflow with existing systems.
- Combines artificial intelligence and machine learning with document processing, workflow, and analytics.
- Automates client data, workflow, and engagement documents.