Inscope is a cloud‑based financial reporting platform that centralizes the drafting, reviewing, and approval of financial statements. It automates roll‑forward of prior‑year numbers, generates AI‑assisted disclosures, and applies smart formatting to produce audit‑ready tables, while AI Review Assistants check footings and consistency and maintain an immutable audit trail. The solution speeds first‑draft creation and reduces review effort for accounting firms and corporate finance teams.
Funding
$4.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
5OFounders
Product
Problem
Financial statement preparation and review in accounting firms and corporate finance teams is often manual, involving repetitive copy‑paste, formatting, and error‑prone footings, which leads to long cycle times, version‑control issues, and high risk of inconsistencies.
Solution
Inscope provides a cloud‑based financial reporting platform that centralizes drafting, reviewing, and approving financial statements in a single workspace. The system automates roll‑forward of prior‑year numbers, generates required disclosures with AI assistance, and applies smart formatting to produce audit‑ready tables instantly. Integrated AI Review Assistants scan the entire document for footing errors, cross‑footing mismatches, and internal consistency issues, flagging problems before they reach auditors. An immutable audit trail records version history, milestones, and black‑line changes, ensuring traceability and compliance. By eliminating manual linking and formatting tasks, Inscope accelerates the first‑draft creation by up to 60% and reduces review effort by roughly 70%.
Target Audience
Inscope is designed for accounting firms, corporate finance departments, controllers, and audit teams that need to produce accurate, audit‑ready financial statements efficiently.
Features
- Auto‑roll forward of prior‑year financials, footnotes, and disclosures without manual copy‑paste
- AI‑driven Disclosure Assistant that suggests required disclosures based on entity type and peer benchmarks
- Smart formatting engine that inserts SEC‑ready, audit‑compliant tables with a single paste
- Review Assistant that automatically checks footings, cross‑footings, and internal consistency across the entire document
- External consistency checks that flag language deviations from prior filings or industry standards
- Full audit trail with version history, milestones, and black‑line comparison for traceable reviews
- Centralized draft, review, and approval workflow that consolidates all collaborators in one platform