iRM harnesses its latest data anomaly detection capabilities for audit and finance, offering transparency, speed, and scalability.
"iRM's Latest Release Enhances Financial Risk Discovery and Anomaly Detection"
iRM, a renowned provider of cloud-first AI software for financial risk discovery and anomaly detection, has announced its latest global release, focusing on improving transparency, speed, and scalability for professionals in the financial sector.
Sayantan Polley, the Chief Technology Officer (CTO) of iRM, emphasized the importance of swiftly identifying risks within financial data sets, noting that this capability empowers businesses to make more informed decisions and respond with precision and agility. iRM’s role in ensuring ethical and transparent financial transactions by detecting potential irregularities and reducing risks is a source of pride. The latest release showcases significant product enhancements within the iRM platform, designed to help organizations continue to leverage iRM’s cutting-edge capabilities.
Within this update, iRM introduces three new financial algorithm analytics tests, providing valuable insights through comparisons with previous periods, supported by new visualizations for assessing current and historical performance. iRM also offers greater flexibility with the introduction of configurable risk scores to evaluate account-specific risks and enhance the auditing process. Additionally, iRM expands its performance capabilities to accommodate even larger data sets, reinforcing its position as a leader in data anomaly and risk detection while enhancing the user experience.
Built by financial professionals, for financial professionals
We know that all of the new and improved technology in the world can’t make up for the preparation and stress of an internal or external audit.
The iRM team of CPAs constantly tests our product to make sure we meet your expectations, and continue to improve and expand. On top of that, our Customer Advocacy Program captures consistent data to help our team deliver on our promises.