Afrozy Ara
Founder
LuminaData Inc.
This AI-enabled productivity software centralizes and connects financial data silos, deriving insights and automating tasks for finance professionals. The platform empowers users to make data-driven decisions and execute efficiently, leading to superior financial performance.
- Artificial Intelligence
- Data & Analytics
- Enterprise Software
- Financial Technology
- Software Only
Updated 6 months ago
Funding
Funding not disclosed
Funding rounds are not available yet.
Founders
Product
Problem
Finance professionals spend significant time manually reconciling financial data from disparate sources due to disconnected tools and inconsistent file formats, leading to errors, delayed closing processes, and increased compliance risk. Rebuilding reconciliation logic monthly and struggling with version control further exacerbate these inefficiencies.
Solution
LuminaData offers an AI-powered platform that automates financial data reconciliation, eliminating manual processes and accelerating month-end closing. The platform, powered by an AI agent named Emma, understands natural language instructions for matching data across various formats, including Excel, CSV, and PDF. It learns and remembers reconciliation logic, enabling reuse across clients and months, while also providing intelligent exception handling to flag mismatches with clear resolutions. LuminaData delivers audit-ready reports with complete audit trails, version control, and SOC 2 compliance, ensuring accuracy and security.
Target Audience
LuminaData targets accounting firms seeking to serve more clients efficiently and accounting teams aiming to close faster across disconnected systems.
Features
- AI-powered reconciliation engine that automates matching across various data formats
- Natural language interface for instructing the AI on how to reconcile data
- Reusable reconciliation logic that eliminates the need to rebuild rules for each client or month
- Intelligent exception handling that flags mismatches and provides clear resolutions
- Automated data mapping and transformation to handle inconsistent file formats
- Audit-ready reports with complete audit trails and version control
- Secure platform with SOC 2 compliance
- API integration for seamless data import and export