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.
- iRM's Latest Release Simplifies Integration into Organizational Workflows: New financial data workflow capabilities in this release streamline the process of incorporating iRM into an organization's operations.
- iRM Enhances Scalable and Consistent Financial Analyses: iRM empowers organizations to conduct consistent, practical analyses at scale, further enhancing the time-saving benefits and return on investment for its users.
- iRM Introduces Three Innovative Financial Algorithm Analytics Tests: iRM presents three novel financial algorithm analytics tests, offering fresh insights through comparisons with prior periods and new visualizations for evaluating current and historical performance.
- iRM Provides Enhanced Flexibility with Configurable Risk Scores: iRM offers greater flexibility with the introduction of customizable risk scores, enabling organizations to assess account-specific risks and enhance their audit sampling and insights.
- iRM Boosts Performance for Handling Large Data Sets: iRM extends its performance capabilities to manage even larger data sets, strengthening its position as a leader in data anomaly and risk detection while improving the overall 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.
