[EXCERPT – WAI Connect] CFOs, Integrate AI into Your Daily Work !

Publié le : 3 mars 2024 à 11:25

Frédérick Dupont Presents CoAudit Group’s Innovative Solutions at WAI Connect

Paris, May 16, 2024 – At the WAI Connect event, Frédérick Dupont, founder of CoAudit Group, explained how artificial intelligence (AI) is transforming the field of audit and compliance.

A Future Technology Serving Audit

“AI holds enormous potential for finance, legal, and procurement departments, but especially for audits,” explained Frédérick Dupont.

CoAudit Group, specialized in both consulting and software development, is creating solutions focused on audit, compliance, risk management, and sustainability.

Traditionally manual audit work could soon be revolutionized by AI:

“There are major gains to be made, especially by analyzing all available data and detecting abnormal patterns,” Frédérick noted.

This approach enables auditors to focus on pre-sorted, AI-filtered analyses, significantly reducing time spent on repetitive tasks.

CoAudit PRO: Facilitating Audit Interactions

Frédérick introduced CoAudit PRO, a software designed to facilitate interaction between all audit stakeholders.

“Many solutions focus only on auditors, but we also support the auditees,” he emphasized.

CoAudit PRO helps organizations:

Identify the most important audit topics
Formulate optimal recommendations
Define contextualized action plans

“AI will make it possible to cover this entire spectrum, improving over time as data grows,” added Frédérick.

CoESG: Preparing for CSRD Sustainability Reporting

In addition to CoAudit PRO, Frédérick presented CoESG, a software under development to support sustainability reporting under the CSRD directive.

“CSRD is a major challenge for many companies, particularly mid-sized ones. Our tools will cover a broad range of control points and help organizations produce compliant sustainability reports,” he explained.

The full replay of the WAI Connect session is available here: 🔗 Replay – WAI Connect: CFOs, Integrate AI into Your Daily Work