Autire secures investment from Serent Capital to scale EBP audits

Autire, the developer of a cloud-based bundle level that helps certified nationalist accountant (CPA) companies execute worker payment program (EBP) audits, has secured concern from backstage equity steadfast Serent Capital.

The fiscal details of the transaction were not disclosed.

Developed by practicing CPAs, AI-powered Autire is designed arsenic a centralised, technology-enabled level to assistance CPA companies negociate EBP audits and automate cardinal workflows.

The instrumentality unites workflow tools, automated information handling and structured documentation enactment for status program audits, including 401(k), 403(b) and worker banal ownership program arrangements.

The level is intended to assistance companies standardise audit work, trim manual administrative tasks and enactment a much standardised audit methodology.

Serent Capital spouse Stewart Lynn said: “EBP audits beryllium astatine the intersection of regulatory complexity and operational intensity.

“Based connected Serent’s thematic work, we identified Autire arsenic 1 of the existent innovators successful this market.

“In an manufacture historically babelike connected manual processes, Autire has combined AI and exertion with heavy specialised cognition to thrust awesome ratio and beardown outcomes for its customers.”

Autire confirmed the concern successful a LinkedIn post.

“We are excited to denote our concern with Serent Capital arsenic we participate our adjacent signifier of growth. This milestone is simply a beardown ballot of assurance successful our imaginativeness and the enactment our squad is doing each day,” it said successful the post.

The collaboration volition alteration Autire to enactment with Serent’s Growth Team connected initiatives covering AI and merchandise enhancement, commercialized strategy, and longer-term strategical priorities of the company.

Autire laminitis and CEO Brian Price said: “We were looking for a spouse who understands vertical bundle and respects the value of gathering alongside practitioners.

"Serent brings that experience, on with operational enactment that volition assistance america standard thoughtfully.”

"Autire secures concern from Serent Capital to standard EBP audits" was primitively created and published by International Accounting Bulletin, a GlobalData owned brand.

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