Klarity’s GenAI solution revolutionizes accounting and operations with human-level understanding. By automating complex processes like document review, data extraction, validation, and analysis, it boosts efficiency and accuracy, reduces staffing needs, and empowers your team to focus on strategic decision-making and high-impact activities.
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Check out our mention by a16z highlighting the growing role of AI in everyday life, especially sectors like accounting. At Klarity, we use AI to help enterprise customers streamline workflows for reviewing and extracting information from various document types.
#GenerativeAI is working its way into everything, and firms want to show they are implementing this new tech — especially those that serve the #accounting market.
🎉 We’re excited to announce that Klarity has raised a $70 million Series B! The round was led by NFDG, with participation from Y Combinator, Tola Capital, Picus Capital, Invus Capital and Scale Venture Partners. With this new capital, we are investing in hiring incredible people across engineering, product and GTM teams to: 🤖 Continue building the first product that automates processes at the level of human cognition. 📈 Aggressively grow our customer base across all enterprise sectors. 🤝 Enable our customers to Build Exponential Organizations and dominate their industries. Read more about our Series B here: https://lnkd.in/ggYczY-K, and here: https://lnkd.in/g9eySghz 🌟A HUGE thank you to the Klarity team, our customers, investors and community, who have supported our mission to free humanity from repetitive document-centric tasks and focus their creative efforts on Building Exponential Organizations. Learn about Klarity 3.0 and how to Build Exponential Organizations! 🗓️ Join us on July 10 for an exclusive Klarity 3.0 webinar, led by our Co-Founders, Andrew Antos and Nischal Nadhamuni, who will discuss how to Build Exponential Organizations and showcase our latest product advancements. Register here: https://lnkd.in/gnxsfh3i #SeriesB #StartupSuccess #AI #FinanceTransformation #Klarity #BuildExponentialOrganizations
An exciting announcement from our partners at Connor Group - They’ve launched the first-ever enterprise risk framework for generative AI (GenAI): The GenAI Governance Framework. This free resource provides a detailed guide and methodology for organizations to assess AI readiness, manage risks, and adopt GenAI responsibly, with customization options to fit unique business needs. If you’re looking for insights on how to implement AI within your organization, Connor Group’s consultative services are readily available.
📣 Connor Group, Boomi, and a cohort of academic researchers collaborated to deliver 𝐭𝐡𝐞 𝐟𝐢𝐫𝐬𝐭-𝐞𝐯𝐞𝐫 𝐞𝐧𝐭𝐞𝐫𝐩𝐫𝐢𝐬𝐞 𝐫𝐢𝐬𝐤 𝐟𝐫𝐚𝐦𝐞𝐰𝐨𝐫𝐤 𝐟𝐨𝐫 𝐠𝐞𝐧𝐞𝐫𝐚𝐭𝐢𝐯𝐞 𝐀𝐈 (𝐆𝐞𝐧𝐀𝐈) ⬇ Connor Group, along with: Boomi David A. Wood (Brigham Young University Marriott School) Scott Emett (Arizona State University W.P. Carey School of Business) Marc Eulerich (University of Duisburg-Essen Mercator School of Management) announce the 𝐆𝐞𝐧𝐀𝐈 𝐆𝐨𝐯𝐞𝐫𝐧𝐚𝐧𝐜𝐞 𝐅𝐫𝐚𝐦𝐞𝐰𝐨𝐫𝐤. Built in collaboration with over 1,000 business leaders, academics, and industry bodies, the GenAI Governance Framework provides a detailed guide and comprehensive methodology for organizations of all sizes to assess their AI readiness, identify and manage enterprise risks associated with GenAI technologies, and move into responsible GenAI adoption. The framework can be easily customized to align with a company's unique objectives, needs, and risk appetite, and empowers those responsible for risk management and governance — such as Internal Audit, IT/CISO, Legal, and Audit Committees — to identify, evaluate, and proactively address high-priority exposures. It also provides a structured approach to pinpointing vulnerabilities and implementing controls, facilitating the secure and responsible deployment of GenAI technologies. “Effective AI adoption will be a massive competitive advantage but many don’t know where to start and how to apply it. A few AI tools exist now with many on the way, and they are coming fast. Having a smart AI adoption strategy with underlying controls, data, and processes that are ready for AI takes time. The most competitive companies are doing these things now," explained Jeff Pickett, Chair and Founder at Connor Group. Provided as a free resource, the GenAI Framework includes comprehensive documentation and a robust set of risk and control considerations. Framework implementation and consulting services offered by Connor Group allow businesses to evaluate their current governance practices, identify areas for improvement, and strategically plan for future enhancements. By assessing maturity levels across various control considerations, companies can gain insights into their own strengths and weaknesses and take targeted actions to bolster their AI governance. “Overall, the GenAI Governance Framework and accompanying Maturity Model serve as essential resources for organizations seeking to navigate the evolving landscape of AI,” said David A. Wood. “By adopting these tools, organizations can enhance their preparedness, resilience, and capability to harness the benefits of AI while effectively managing its risks.” For information about Connor Group AI and Automation services, please comment or send us a DM. To download the GenAI Governance Framework, visit the link in the comments.
🖥️ Join Klarity’s Co-Founder and CEO, Andrew Antos, for a webinar exploring the Vertical Applications of AI, hosted by Ashish Aggarwal (Partner at PayPal Ventures) on Monday, June 24th. The conversation will dissect the latest trends, challenges, and opportunities in building different verticals and use cases leveraging AI. 📋Here’s what they aim to cover: - Why go vertical vs. horizontal? - How to assess which verticals to build in? - What are the likely drivers of differentiation? - Navigating competition from leading LLM platforms - Future trends and opportunities 🗓 When: Monday, June 24, 2024 - 7:00am PST/10:00 am ET – 7:50am PT/10:50 am ET ✍ Register here: https://lnkd.in/gYM-xhhs 🧑💻Meet the other panelists: Alan Nichol Co-Founder and CTO at Rasa Pranay Shetty Co-Founder and CEO at Sei Tricia Blatherwick CCO at AutogenAI Whether you're a seasoned operator or a budding founder, this event promises valuable insights and actionable strategies for success in the AI landscape. #klarity #GenAI #AccountingAutomation #FinanceTransformation
Yesterday we proved that we could indeed be in two places at once, as we hosted Tequila and Whiskey tasting experiences in both Austin and Boston. Each gathering brought Finance and Accounting Operation leaders together to explore the possibilities GenAI has to offer when considering new opportunities to streamline organizational workflows. Here are a few takeaways from the conversations 1. Adopting AI powered tools has continued to prove opportunistic for smaller teams by enabling them to expand (without additional headcount) and encourage the development of existing team members through increased bandwidth, allowing them to focus on more strategic projects. 2. To Identify automation opportunities, focus on tasks that are repetitive, time-consuming, or error-prone, particularly in areas with dedicated analysts. 3. Throughout the evolution of AI, data privacy continues to be a concern. Today, applications are utilizing enterprise versions that are closed and ensure data security. A special thank you to our partners at FloQast and CBIZ, who joined us in Austin at the Commodore Perry Estate, Auberge Resorts Collection.
Not all games are fun - this is one that our customers played all too often, before implementing Klarity. Let us help your organization build exponential teams by allowing your people to focus on larger projects, while ensuring that your data is error free. #klarity #financetransformation #revenuerecognition
❌ Manual errors are more common than you'd think, and when they occur, the blame game begins. Is it the AE who closed the deal without updating details in their CRM? Rev Ops for not validating the contract? Or Revenue Accounting for closing the books with incorrect data? The finger-pointing can be endless! 👉 Avoid the blame game entirely with Klarity's GenAI platform. Our advanced AI eliminates manual errors and automates complex tasks such as document review, data extraction, validation, and analysis (all while staying compliant with accounting standards 😉). ⚡ Let Klarity handle the details with precision, so your team can focus on what they do best. #accountingautomation #accounting #klarity #revenuerecognition #revops #contractreview #monthend
🥃 Are you based in Boston, want to learn about GenAI, AND like Whiskey? We have a few additional seats at our upcoming Boston Harbor Distillery tour and tasting on 6/11. Together, we'll explore ways to leverage cutting-edge GenAI advancements and strategies for scaling internal Accounting and Finance teams. You'll have the opportunity to connect with fellow leaders who share your interest in exploring the potential of GenAI and discover diverse perspectives, share experiences, and see how existing customers are streamlining workflows with our GenAI applications. Join our waiting list , or share this with someone from your team/network who would like to attend - https://lnkd.in/gzP6zKhs
🎉 Last Wednesday, we hosted a Klarity 3.0 Launch party to unveil major advancements in our company story. We brought together 100 close friends at the SF Exploratorium for an afternoon of demos and celebration, and we now look forward to sharing what we’ve been building with all of you! What does Klarity 3.0 mean? 🔓 Unlock new possibilities with advanced features like free-text analysis, tabular data handling, precise matching, complex calculations, and bulk exports - ALL designed to cater to high volumes of documents and diverse use cases. ⏳ Experience rapid value from Klarity 3.0 with faster implementation and automated validations to guarantee accuracy 🤝 Automated configurations making teams more independent across the ecosystem Eager to learn more about what this means for your team? Comment/DM us to schedule a lunch & learn with our team. #Klarity #AIinFinance #AITransformation
🎉 Wrapping up a busy, yet exciting, couple of weeks on the East Coast where we hosted and attended several events that focused on bringing together leaders who share an interest in exploring the potential of GenAI and look to discover the diverse perspectives, and shared experiences of those using Klarity. 🦈 Andrew Antos attended HFS Research's Hot Tech Spring Summit, where he pitched Klarity to a panel of Sharks as the “Hottest of the Hot”. He told them about the cognitive capabilities that Klarity provides to Accounting and Operation teams looking to streamline their document-centric workflows using GenAI. 🥃 We went to NYC for a Distillery Tour & Whiskey Tasting at Great Jones Distilling Co, in partnership with our friends at Connor Group. 🍽 Then we trained on to Philadelphia, where we hosted our first ever CFO Roundtable Dinner with Donnelley Financial Solutions (DFIN) in the area. 📣 We finished off the week in DC/MD at Gartner's CFO & Executive Conference - The audience was highly inquisitive, and it's clear that the adoption of GenAI is moving at a rapid pace. Em Daigle took the stage to share ways to Unlock Infinite Productivity. 👀 👀 👀 Once getting back to home base in San Francisco, on Wednesday, we hosted a Klarity 3.0 Launch Party. 3.0 you ask?? Keep an eye out for the next announcement on the major advancements we have in store to help you and your team build exponentially. #generativeai #ai #aitransformation #klarity