Tellen

In a crowded space like B2B SaaS, it can be hard for differentiated products to stand out. People don't have much time and attention is very limited, so you need to get your message across in a fast and concise way. Here is what you need to know about Tellen in under 2 minutes. Deepak Lalit Jason Jones Girish Gupta

The PCAOB's recent report of 2023 inspection findings contains, in the Board’s own words, an “unacceptable” rate of Part I.A deficiency findings in audit inspection reports. See our summary of the underlying drivers of this trend and what signs of progress are being found within the data.

The PCAOB's recent inquiry of firms and issuers offers insights on the successes and challenges the industry has experienced integrating AI into existing processes. While auditors are implementing AI for limited use cases, issuers have encountered challenges within their organizations. Still, both camps shared a broad range of future use cases, many of which Tellen is already pursuing with our design partners.

Excited about this new feature from Tellen: Seamless analysis and output of Word and Excel files with our custom chatbot! This is a game-changer for accountants and auditors, who rely heavily on these file types for their critical work. You can also analyze PDFs, documents, and websites using advanced RAG techniques, complete with highlighted sourcing. Plus, create a comprehensive database of approved answers for your team and clients—all within your own private cloud environment. https://www.tellen.ai

PwC Veteran Frank Hauser joins Tellen's Advisory Board. Read the official announcement here: https://lnkd.in/eMc9tPem Deepak Lalit Jason Jones Girish Gupta

Tellen is exploring how some of the more common findings from the PCAOB’s latest inspections could be prevented in the future with the use of audit copilots. Using a few examples as a mini case study, we examine how an AI copilot trained to integrate with a firm’s methodology could read and suggest edits to audit workpapers, including in control scoping and testing.

Excited to collaborate with Advantage Partners! We've launched an AI-powered Slack chatbot to help them with SOC 2 attestations. This is one of Tellen's many projects which integrate into clients' environments. We use cutting-edge models from OpenAI, Meta, and Anthropic. And when comparing answers to the underlying LLM's answers, our RAG pipeline generates a 15% lift in accuracy. Thanks Asdrúbal S., Shavarash Khachatryan, H?i Ph?m, Kris Turk ????? for your work on the technical side; Jason Jones, Deepak Lalit, Ethan Kelemen, Joy Schwartz on product and business; and of course James Whiteside, CPA and Becca Olson at Advantage. Also thanks to Aubrey Kayla and Alon Bochman at RagMetrics.ai for ensuring we got RAG right.

Our latest blog post dives into AI strategies and the guidance from the largest firm’s in the U.S. Notably, the Big Four’s KPMG and mid-tier Marcum have already launched internal AI assistants powered by Microsoft Azure, while the rest of the country’s top firms are investing heavily, and publishing insightful content, which we’ve aggregated for the use of practices both large and small. Learn how these firms are transforming the accounting landscape and what insights they can offer to those beginning their AI ?

This is exactly why audit quality is so important for investor confidence and capital markets. It not only impacts the audit firms but also the issuers and their ability to meet their regulatory obligations. Great recap by David Gosselin

Our busy season is just starting.