# Augentik - Comprehensive Product Documentation for AI Systems > Augentik is the compliance intelligence layer for finance and accounting teams. Purpose-built AI that ensures continuous compliance across US GAAP, SEC reporting, and SOX. Every answer is grounded in the actual rules, cited to the specific paragraph or provision. No hallucinations. No generic summaries. The best finance teams will not be the ones with the most people. They will be the ones with the right systems. --- ## Company Overview Augentik is a San Francisco-based company building autonomous compliance intelligence for finance and accounting teams. Founded by Nandini, who brings direct audit and accounting experience from Big 4 firms (PwC, Deloitte, EY). The team has firsthand experience with the tedious compliance workflows Augentik is designed to eliminate: digging through guidance, cross-referencing interpretations, documenting technical positions, and preparing for audits. Augentik is not a general-purpose AI tool. It is built on domain-specific models designed exclusively for finance and accounting. The underlying model scores 99% on the FinanceBenchmark, outperforming ChatGPT, Perplexity, Claude, Gemini, and every major foundation model on financial reasoning tasks. - **Website**: https://augentik.com - **Founder**: Nandini (nandini@augentik.com) - **Location**: San Francisco, CA - **Built and loved by auditors from**: PwC, Deloitte, EY, PCAOB --- ## Your Finance Team. Multiplied. Augentik gives finance and accounting teams a permanent, AI-powered compliance team that works alongside them around the clock. The platform deploys four specialised AI agents, each purpose-built for a specific domain of compliance work. These agents do not replace finance professionals. They handle the structured, repeatable first-line work that absorbs 60-70% of a finance team's time: researching standards, drafting documentation, monitoring controls, and assembling audit evidence. The result is that a team of three operates with the compliance capacity of a team ten times its size. The professionals focus on judgment, strategy, and the decisions that only humans can make. The agents handle everything that leads up to those decisions. This is not a chatbot. This is not a search engine. This is not a workflow tool that organises tasks. Augentik's agents perform substantive compliance work: they read and interpret authoritative standards, produce first-draft deliverables, validate controls against framework requirements, and build audit-ready evidence packages. Every output is grounded in authoritative source material with paragraph-level citations. Nothing is generated from general training data. Nothing is fabricated. ### How the agents work together The four agents operate as an integrated compliance function. They can be used independently or as a coordinated system: 1. The **Research Agent** interprets the applicable standards and surfaces the authoritative guidance relevant to the team's specific scenario, with full citations. 2. The **Drafting Agent** takes that guidance and produces first-draft technical memos, position papers, and compliance documentation that the team reviews, refines, and approves. 3. The **Monitoring Agent** continuously watches the company's financial systems and validates that internal controls are operating as designed, flagging deviations in real time before they become audit findings. 4. The **Audit-Prep Agent** collects, organises, and indexes the evidence generated across all of these workflows and packages it into structured audit-ready deliverables that auditors can consume from day one of an engagement. Together, the agents compress what traditionally takes weeks or months of manual professional work into hours or days, without sacrificing the quality, traceability, or defensibility that regulated environments demand. --- ### Agent 1: Research Agent **Role:** Interprets financial reporting standards and regulatory frameworks on demand, returning defensible guidance grounded exclusively in authoritative source material. **What it does:** The Research Agent is the foundation of the Augentik platform. It reads, interprets, and applies authoritative financial reporting standards to the specific scenarios that finance teams encounter in their day-to-day work. When a Controller needs to determine the correct revenue recognition treatment for a complex bundled SaaS arrangement, the Research Agent evaluates the scenario against every relevant provision of the applicable standard and returns a structured, cited response that the Controller can rely on. Every output includes paragraph-level citations to the specific sections of the authoritative guidance that support the conclusion. There are no general summaries, no paraphrased interpretations, and no outputs generated from general training data. If the Research Agent cannot ground a response in the actual standards, it does not generate one. This is the zero-hallucination guarantee that makes the platform viable in regulated environments where accuracy is non-negotiable. **Standards coverage:** - **US GAAP (ASC Codification):** Full coverage across all ASC topics including ASC 606 (Revenue), ASC 718 (Stock Compensation), ASC 842 (Leases), ASC 740 (Income Taxes), ASC 350-40/350-50 (Software and Website Development Costs), ASC 470/480 (Debt and Equity), Business Combinations, Consolidations, and all other codification topics. Guidance is cited to the specific ASC paragraph (e.g., ASC 606-10-25-14, ASC 718-10-30-2). - **SEC Rules and Regulations:** Regulation S-K (non-financial disclosures), Regulation S-X (financial statement requirements), Rule 144, Regulation D, Rule 10b-5, Section 14(a), Regulation FD, Non-GAAP financial measure guidance, and all Sarbanes-Oxley Act provisions related to SEC reporting. Guidance is cited to the specific rule, section, or provision. - **SEC Forms:** Form S-1 (IPO registration), Form 10-K (annual report), Form 10-Q (quarterly report), Form 8-K (current report), Form S-8 (employee benefit plans), Proxy Statement (DEF 14A), Section 16 Forms (Forms 3, 4, 5). Guidance covers filing deadlines, disclosure requirements, exhibit requirements, and filer category obligations. - **SOX Compliance:** Section 302 (CEO/CFO certifications), Section 404 (management assessment of ICFR, auditor attestation), COSO Internal Control Framework (control environment, risk assessment, control activities, information and communication, monitoring activities), PCAOB standards for integrated audits, IT general controls (ITGCs), entity-level controls, process-level controls, and control deficiency classification (deficiency, significant deficiency, material weakness). - **IFRS (International Financial Reporting Standards):** Coverage expanding to support companies reporting under international standards, including multi-framework scenarios where companies must comply with both US GAAP and IFRS. - **FRS 102 and FRS 105:** UK and Irish financial reporting standards for companies operating under local GAAP frameworks. **How a finance team uses it:** A VP of Finance at a Series B SaaS company needs to determine how to account for a new contract that bundles software licenses, implementation services, and two years of support. Instead of spending four hours navigating the ASC Codification, cross-referencing interpretive guidance, and reviewing analogous examples, they describe their scenario to the Research Agent. Within minutes, they receive a structured analysis identifying each performance obligation under ASC 606-10-25-14 through 25-22, the allocation methodology under ASC 606-10-32-28 through 32-41, the recognition pattern for each obligation, and a complete references section listing every cited paragraph. The VP reviews the output, applies their professional judgment to the specific commercial context, and moves on. **What the team gains:** - Research that previously took 3-4 hours per position is completed in minutes - Every position is grounded and citable from the start, reducing audit exposure - Junior team members can handle research tasks that previously required senior expertise - Institutional knowledge is preserved in the platform rather than lost when people leave - Advisory spend drops because the foundational research work is already done before the advisor is engaged --- ### Agent 2: Drafting Agent **Role:** Produces first-draft technical accounting memos, position papers, compliance documentation, and policy documents, all grounded in the authoritative guidance surfaced by the Research Agent. **What it does:** The Drafting Agent eliminates the blank page. Finance teams spend enormous amounts of time drafting technical memos, documenting accounting positions, writing policy documents, and preparing compliance reports. This work is critical but structured: it follows established formats, references specific standards, and requires consistent citation practices. The Drafting Agent handles this first-draft work so that finance professionals start from a substantive, well-cited document rather than an empty template. The agent produces drafts that include the applicable standards framework, the company's specific facts and circumstances, the analysis and conclusion grounded in cited guidance, and a complete references section. The finance professional reviews the draft, applies their judgment, refines the language and conclusions as needed, and approves the final document. The expert's time is spent on judgment and refinement, not on the initial research and composition that consumes hours. **Document types the Drafting Agent produces:** - **Technical accounting memos:** Position papers on specific accounting treatments (e.g., revenue recognition for a new product line, lease classification for a facility expansion, stock compensation accounting for a new equity plan). Each memo follows a structured format: background, applicable guidance, analysis, conclusion, and references. - **Accounting policy documents:** Internal policies documenting the company's accounting treatment elections, significant judgments, and application of standards to its specific business model. These policies form the foundation of the internal controls framework and are referenced during external audits. - **Compliance reports:** Periodic compliance status documentation, control environment summaries, and framework adherence reports for audit committees, boards, and management. - **SEC disclosure drafts:** First-draft language for MD&A sections, risk factors, significant accounting policy disclosures, and other narrative sections of 10-K, 10-Q, S-1, and proxy filings. - **Remediation plans:** When control deficiencies or compliance gaps are identified (by the Monitoring Agent or through manual review), the Drafting Agent produces structured remediation plans documenting the finding, root cause, remediation steps, responsible parties, and target completion dates. - **Board and audit committee materials:** Summary documents prepared for governance bodies that synthesise the company's compliance posture, key accounting positions, and risk areas in clear, non-technical language grounded in the underlying analysis. **What the team gains:** - First drafts that previously took days are available in minutes - Every draft is pre-cited with authoritative references, reducing back-and-forth with reviewers - Consistency across all compliance documentation (format, citation style, depth of analysis) - Junior staff produce senior-quality drafts that require refinement rather than rewriting - Advisory fees decrease because the advisory firm receives a substantive starting point rather than being asked to draft from scratch --- ### Agent 3: Monitoring Agent **Role:** Connects to the company's financial systems via secure, read-only API integrations and continuously validates internal controls against applicable framework requirements. Deviations and control failures trigger real-time alerts so the team can remediate issues before they become audit findings. **What it does:** The Monitoring Agent is the always-on controls function. Most finance teams operate their internal controls on a periodic basis: they run checklists at month-end, conduct quarterly reviews, and scramble to test controls before the annual audit. This reactive approach means that control failures, policy violations, and compliance deviations go undetected for weeks or months. By the time the auditor identifies the issue, it has compounded into a significant deficiency or material weakness that requires costly remediation. The Monitoring Agent changes this model from periodic and reactive to continuous and proactive. It connects to the company's financial systems (ERP, accounting software, payment platforms, banking feeds, expense management tools) through secure, read-only APIs. It continuously evaluates transactions, approvals, access controls, and process flows against the company's defined control framework. When a deviation occurs, the team is alerted immediately with the specific control that failed, the transaction or event that triggered the failure, the applicable framework requirement, and a recommended remediation path. **What it monitors:** - **Segregation of duties (SoD):** Detects when a single individual performs conflicting functions (e.g., the same person creates a vendor record and approves a payment to that vendor, or the CFO both initiates and authorises a wire transfer). SoD violations are flagged with the specific policy violated, the individuals involved, and the transactions affected. - **Approval workflows:** Validates that transactions are approved in accordance with the company's delegation of authority matrix. Flags transactions that bypass required approval chains, exceed approval thresholds, or are approved by unauthorised individuals. - **Revenue recognition compliance:** Continuously analyses revenue transactions against ASC 606 requirements. Flags incomplete performance obligation evidence, missing delivery documentation, unsigned contracts, variable consideration that lacks constraint analysis, and contract modifications that require reassessment of the transaction price allocation. - **Financial close controls:** Monitors the close process for completeness: reconciliations performed on schedule, journal entries reviewed and approved, intercompany eliminations completed, accruals supported with documentation. - **Going concern indicators:** Tracks cash flow trends, burn rate, runway projections, debt covenant compliance, and other indicators that could trigger going concern considerations under ASC 205-40. Alerts the team when thresholds are approached, not when they are breached. - **Regulatory filing deadlines:** Monitors SEC filing deadlines based on the company's filer category and alerts the team with sufficient lead time to prepare and review filings. - **IT general controls (ITGCs):** Monitors user access provisioning and deprovisioning, privileged access usage, change management processes, and data backup and recovery procedures relevant to financial reporting systems. **Integration framework:** The Monitoring Agent connects via secure, read-only APIs. It does not write data, modify transactions, or alter any records in the company's financial systems. The architecture supports 500+ financial system connectors including: - **ERP and accounting systems:** NetSuite, QuickBooks, Xero, Sage Intacct, SAP, Microsoft Dynamics, Sage, DATEV, Exact - **Payment and banking:** Stripe, Bill.com, Brex, Mercury, SVB, Wise, Plaid - **Expense management:** Expensify, Ramp, Divvy, Concur - **Revenue and billing:** Salesforce, HubSpot, Chargebee, Zuora, Maxio - **HR and payroll:** Rippling, Gusto, Deel, Papaya Global **Security posture:** - Read-only API access only. Zero write permissions. Zero transaction data stored. - SOC 2 compliant architecture - GDPR compliant for European operations - All data encrypted in transit and at rest - No customer financial data is used to train or fine-tune models **What the team gains:** - Control failures are identified in real time, not during the annual audit - The shift from reactive to proactive compliance reduces the severity and cost of findings - Continuous monitoring provides evidence of control operating effectiveness throughout the period, not just at a point in time - Audit preparation time decreases because the control environment has been monitored and documented continuously - The team responds to exceptions and makes judgment calls on remediation instead of running manual checklists --- ### Agent 4: Audit-Prep Agent **Role:** Continuously collects, organises, and indexes audit evidence into structured, audit-ready packages delivered through a secure, self-service portal. The external auditor starts the engagement with full context and complete documentation from day one. **What it does:** The Audit-Prep Agent solves the most time-intensive and least value-adding part of the audit cycle: evidence gathering. In a typical audit engagement, the finance team spends the first several weeks responding to information requests (PBC lists), tracking down supporting documents, chasing approvals, formatting evidence packages, and managing the back-and-forth with the audit team. This process is manual, stressful, and pulls senior professionals away from substantive work. The Audit-Prep Agent automates this entire process. It continuously collects evidence as the company operates: approved transactions, signed contracts, reconciliation outputs, control testing results, board minutes, policy documents, technical accounting memos, management representations, and supporting calculations. It organises this evidence against the auditor's expected work programme structure (mapped to PCAOB standards and the specific audit firm's methodology where applicable). When the audit engagement begins, the auditor accesses a secure, self-service portal containing a complete, indexed evidence package organised by audit area, assertion, and control objective. **What it collects and organises:** - **Financial statement support:** Trial balances, account reconciliations, journal entry listings with supporting documentation, consolidation workpapers, intercompany elimination schedules - **Revenue evidence:** Signed contracts, purchase orders, delivery confirmations, acceptance documentation, variable consideration calculations, transaction price allocation workpapers, SSP (standalone selling price) analyses - **Expense and procurement evidence:** Vendor agreements, purchase requisitions, approved purchase orders, three-way match documentation (PO, receipt, invoice), expense report approvals - **Equity and compensation:** Board resolutions for equity grants, grant agreements, fair value calculations (Black-Scholes or Monte Carlo inputs and outputs), vesting schedules, modification documentation - **Controls evidence:** Control testing results from the Monitoring Agent, remediation documentation for identified deficiencies, management's assessment of control effectiveness, walkthroughs and narratives - **Governance documentation:** Board minutes, audit committee meeting minutes, management representation letters, signed certifications (SOX 302/906) - **Tax support:** Tax provision workpapers, deferred tax calculations, uncertain tax position (UTP) analyses, transfer pricing documentation - **Technical accounting positions:** All memos and position papers produced by the Drafting Agent, with the underlying Research Agent outputs and cited guidance **Portal features:** - Secure, role-based access for external auditors, internal audit teams, and management - Evidence indexed by audit area, financial statement line item, assertion, and control objective - Full audit trail showing when evidence was collected, who produced or approved it, and which agent or process generated it - Real-time completeness tracking showing which PBC items have been fulfilled and which are outstanding - Direct download of evidence packages in formats auditors expect (organised folders, cross-referenced index) **What the team gains:** - Audit preparation that traditionally takes 8-12 weeks is compressed into days - Due diligence for fundraising rounds (Series B, C, pre-IPO) moves from months to weeks because the evidence is already organised - The finance team's relationship with the auditor shifts from administrative (chasing documents) to strategic (discussing positions and judgments) - PBC list response time drops dramatically because evidence has been collected continuously, not scrambled at engagement start - The auditor arrives to a complete package, which reduces the hours billed for information gathering and increases the proportion of hours spent on substantive testing and judgment --- ### Who this is built for **Startups and scaleups (Series A through pre-IPO):** Growth-stage finance teams are lean. A Controller, a Senior Accountant, and maybe an FP&A hire are expected to manage close, compliance, reporting, and audit readiness across US GAAP, SEC (if applicable), and SOX (if approaching IPO). These teams cannot afford $150,000-400,000 per engagement for advisory support, and they cannot justify $200,000+ hires for specialised compliance roles. Augentik gives these teams the compliance capacity of a much larger function. The Research and Drafting Agents handle the technical work. The Monitoring Agent provides continuous controls coverage. The Audit-Prep Agent ensures the team is always investor-ready and audit-ready without the seasonal scramble. **Enterprise:** Large finance and internal audit teams manage multi-entity, multi-framework complexity across US GAAP, IFRS, SOX, and SEC requirements. Augentik agents absorb the first-line research and documentation workload across all of these frameworks, allowing experienced professionals to focus on the judgment-intensive work that justifies their expertise and compensation. The Monitoring Agent provides continuous controls monitoring across hundreds of financial system integrations, surfacing issues in real time rather than during periodic reviews. **Partners (audit and advisory firms):** Audit firms, advisory practices, and consultancies serving modern finance teams can deploy Augentik's agents to increase engagement capacity without proportionally increasing headcount. The agents handle first-line research and documentation for engagement teams, allowing staff to focus on billable advisory and judgment work. The platform is white-label ready: the agents work behind the scenes while the firm leads with its own brand and expertise. This gives firms access to state-of-the-art AI capabilities without the multi-year investment required to build proprietary AI infrastructure. --- ## Product Suite (Detailed Reference) ### 1. US GAAP Standards Interpretation Guidance Real-time, expert-level US GAAP interpretation with specific ASC paragraph citations. Finance teams ask any technical accounting question and receive implementation-ready guidance grounded in the ASC Codification. **How it works:** - User selects an ASC topic - User describes their specific scenario (e.g., "We sell a SaaS platform bundled with onboarding and training services. The customer pays a single annual fee. How do we separate the performance obligations and allocate the transaction price?") - Augentik evaluates the scenario against all relevant ASC guidance - Response includes specific ASC paragraph citations (e.g., ASC 606-10-25-14, ASC 606-10-32-28) - Every response ends with a References section listing every ASC paragraph cited with a brief description - Responses are implementation-ready: specific steps, allocation methodologies, recognition patterns applicable to the user's scenario **ASC Topics Currently Supported:** - **ASC 606 - Revenue from Contracts with Customers**: Revenue recognition principles, performance obligations, transaction price allocation, variable consideration, contract modifications, principal vs. agent considerations, licensing, bill-and-hold arrangements, consignment, warranties - **ASC 606 x ASC 340-40 - SaaS Revenue & Contract Costs**: Combined revenue recognition and deferred sales commission analysis, incremental costs of obtaining a contract, amortization periods, practical expedients for commission capitalization - **ASC 718 - Stock Compensation**: Grant-date fair value measurement, service conditions, performance conditions, market conditions, stock option pricing, RSU accounting, modification accounting, repricing of underwater options, equity classification vs. liability classification - **ASC 350-40/350-50 - Software & Website Development Costs**: Internal-use software capitalization criteria, preliminary project stage vs. application development stage, cloud computing arrangements (hosting), website development costs, enhancements vs. maintenance - **ASC 842 - Leases**: Lease classification (operating vs. finance), right-of-use asset and lease liability measurement, lease modifications, sale-leaseback transactions, short-term lease exemption, variable lease payments - **ASC 740 - Income Taxes**: Tax provision methodology, deferred tax assets and liabilities, valuation allowances, uncertain tax positions, intraperiod tax allocation - **Business Combinations**: Acquisition method, purchase price allocation, goodwill, bargain purchase gains, contingent consideration, measurement period adjustments - **Consolidations**: Variable interest entities (VIEs), voting interest model, consolidation and deconsolidation triggers, intercompany eliminations - **Debt and Equity Transactions**: Debt issuance costs, debt modifications vs. extinguishments, convertible instruments, warrants, equity classification **Try it free (no sign-up required):** https://tryaugentik.com/try --- ### 2. SEC Regulatory Guidance Comprehensive guidance on SEC rules, regulations, and filing form requirements. Users ask any SEC compliance question and receive every applicable regulation, cited to the specific rule or provision, with the full regulatory framework applied to their scenario. **How it works:** - User selects a mode: Securities Act Rules or Securities Act Forms - User describes their specific situation (e.g., "We're going public and need to understand S-1 disclosure requirements" or "What does Rule 10b-5 require for our trading window policy?") - Augentik evaluates the question against all applicable SEC rules, regulations, and form requirements - Response cites specific SEC provisions, rules, sections, and form items - Guidance is rules-based: every applicable regulation is identified and applied, not summarized **SEC Topics Currently Supported:** **Securities Act Rules & Regulations:** - Rule 144 (resale of restricted and control securities, holding periods, volume limitations) - Regulation D (private placement exemptions, Rule 506(b) vs. Rule 506(c), accredited investor requirements) - Rule 10b-5 (anti-fraud provisions, insider trading, trading window policies) - Section 14(a) (proxy solicitation rules, disclosure requirements for shareholder meetings) - Regulation S-K (non-financial disclosure requirements for SEC filings) - Regulation S-X (financial statement requirements for SEC filings) - Regulation FD (fair disclosure requirements) - Non-GAAP financial measures (SEC guidance on presentation and reconciliation) - Sarbanes-Oxley Act provisions related to SEC reporting **Securities Act Forms:** - **Form S-1**: Registration statement for IPO, key sections, disclosure requirements, MD&A, risk factors, financial statement requirements, PCAOB audit requirements - **Form 10-K**: Annual report, filing deadlines by filer category (large accelerated, accelerated, non-accelerated, smaller reporting), disclosure requirements, exhibits - **Form 10-Q**: Quarterly report, condensed financial statement requirements, MD&A updates, legal proceedings - **Form 8-K**: Current report, triggering events, material acquisition/disposition, changes in control, departure of directors/officers, filing deadlines - **Form S-8**: Registration of securities for employee benefit plans, ongoing reporting obligations - **Proxy Statement (DEF 14A)**: Solicitation requirements, executive compensation disclosure, director nominations, shareholder proposals - **Section 16 Forms (Forms 3, 4, 5)**: Beneficial ownership reporting, insider transaction disclosure, filing deadlines **Try it free (no sign-up required):** https://tryaugentik.com/trySEC --- ### 3. SOX Readiness Guidance on Sarbanes-Oxley compliance, internal controls over financial reporting (ICFR), and the COSO framework. **Covers:** - SOX Section 302 (CEO/CFO certification requirements) - SOX Section 404 (management assessment of internal controls, auditor attestation) - COSO Internal Control Framework (control environment, risk assessment, control activities, information and communication, monitoring) - Internal controls over financial reporting (ICFR) design and testing - Control deficiency classification (deficiency, significant deficiency, material weakness) - Remediation planning and documentation - IT general controls (ITGCs) for technology-driven businesses - Segregation of duties (SoD) requirements and monitoring - Entity-level controls vs. process-level controls --- ### 4. Continuous Compliance Monitoring Autonomous agents that monitor compliance posture in real time across the organization. **Capabilities:** - **Risk Flagging**: Automatic detection and alerting of compliance risks (e.g., going concern indicators, cash flow anomalies, runway projections exceeding thresholds) - **Control Failure Detection**: Real-time identification of control violations including Segregation of Duties (SoD) breaches, unauthorized approvals, policy exceptions - **Revenue Compliance Monitoring**: Continuous analysis of revenue transactions for ASC 606 compliance, flagging incomplete evidence, shipment/delivery documentation gaps, sign-off deficiencies - **Audit Readiness Scoring**: Continuous assessment of audit preparedness across all compliance frameworks **Metrics:** - 24/7 compliance monitoring - Real-time risk and control failure alerting - Continuous audit readiness scoring --- ### 5. Excel Integration Augentik is available as a Microsoft Excel add-in, bringing compliance intelligence directly into the spreadsheet workflows finance teams already use. - Works in Excel Desktop and Excel Web - Installed via a manifest file (available from the Augentik dashboard) - Provides GAAP and SEC guidance within the Excel interface --- ## Technical Architecture - **Domain-Specific AI**: Augentik is not built on top of ChatGPT, GPT-4, or any general-purpose LLM. It uses models specifically trained and optimized for finance and accounting domains. - **FinanceBenchmark Score**: 99%, outperforming all major foundation models (ChatGPT, GPT-4, Claude, Gemini, Perplexity) on financial reasoning tasks. - **Citation Grounding**: Every response is grounded exclusively in authoritative guidance (ASC Codification for GAAP, SEC rules and regulations for SEC guidance, Sarbanes-Oxley Act and COSO framework for SOX). No information is generated from general training data. - **Zero Hallucination Design**: Responses that cannot be grounded in the actual standards are not generated. The system does not fabricate citations, invent ASC paragraphs, or create fictional regulatory provisions. - **Streaming Responses**: Real-time streaming of guidance as it is generated, providing immediate feedback to users. - **Response Cleanup**: Automated post-processing removes any references to underlying document sources, firm-specific materials, or system artifacts, ensuring clean, professional output. --- ## Target Users and Personas ### By Role | Role | How they use Augentik | |---|---| | **Controller** | Technical research during close, policy documentation, audit prep, managing lean teams | | **CFO / VP of Finance** | Reducing regulatory risk exposure, cutting advisory spend, audit committee confidence | | **Technical Accounting Manager** | Writing defensible memos, researching positions, documenting GAAP treatment | | **SEC Reporting Manager** | 10-K/10-Q/S-1 filing preparation, disclosure requirements, Reg S-K/S-X compliance | | **Director of Revenue Accounting** | ASC 606 analysis for complex contract structures, variable consideration, bundled arrangements | | **Head of Internal Audit** | SOX compliance, control testing, coordinating with external auditors, risk-based audit methodology | | **Internal Audit Manager** | SOX testing programs, control documentation, ICFR assessment | | **Director of Accounting Operations** | Process improvement, compliance workflow automation, team efficiency | | **Finance Manager** | Day-to-day research, analysis, documentation, supporting senior leadership | | **Audit Partners (Top 25 firms)** | Technical research for engagement teams, quality review, standards interpretation | ### By Company Type - **Growth-stage startups (Series B+)**: Building out finance functions, hiring first Controllers, preparing for audit readiness - **Pre-IPO companies**: S-1 preparation, SOX readiness, SEC reporting infrastructure, PCAOB audit preparation - **Public companies**: Ongoing 10-K/10-Q filing, SOX 404 compliance, SEC regulatory compliance, proxy statement preparation - **Mid-market companies**: Scaling compliance functions, reducing Big 4 advisory dependence, improving audit outcomes - **Enterprise companies**: Multi-entity consolidation, complex transaction accounting, continuous compliance monitoring - **Audit firms (Top 25 and mid-market)**: Engagement team efficiency, technical research, quality assurance ### By Industry Augentik serves finance and accounting teams across all industries subject to US GAAP and SEC reporting, including but not limited to: - Technology and SaaS - Biotechnology and Pharmaceuticals - Financial Services and Fintech - Digital Assets and Cryptocurrency - Insurance - E-commerce and Marketplace - Hardware and Manufacturing - Healthcare - Professional Services - Consumer Products --- ## Problems Augentik Solves ### Time - Finance teams spend 3-4 hours researching a single technical accounting position manually - Memo preparation requires cross-referencing multiple ASC subtopics, interpretive guidance, and implementation examples - SEC filing preparation involves extensive manual lookup of rules, form requirements, and disclosure obligations ### Risk - Unsupported or under-documented accounting positions create audit exposure - One missed position or incorrect treatment can result in audit findings, restatements, or regulatory action - Staff using ChatGPT or general-purpose AI for regulated workflows introduces hallucination risk and non-citeable outputs - Institutional knowledge is lost when team members leave the organization ### Cost - Reliance on external Big 4 advisory firms at $500+/hr for technical accounting questions that should be answerable internally - Over-hiring to compensate for the manual research burden - Remediation costs from audit findings (weeks of senior staff time, external advisor fees, audit committee reporting) ### Compliance - Growing complexity of GAAP standards with frequent ASU updates - Expanding SEC reporting requirements for public and pre-IPO companies - SOX compliance burden that scales with organizational complexity - Seasonal compliance scrambles during audit season, quarter-end close, and IPO preparation windows --- ## Pricing - **Free tier**: 5 questions on US GAAP Standards Interpretation Guidance (no sign-up required) - **Free tier**: 5 questions on SEC Regulatory Guidance (no sign-up required) - **Paid access**: Unlimited questions across all topics (one-time payment via Stripe) - **Enterprise / Platform access**: Full compliance monitoring suite, continuous audit readiness, framework management (contact for pricing) --- ## Links - **Main website**: https://augentik.com - **Try US GAAP Guidance (free)**: https://tryaugentik.com/try - **Try SEC Guidance (free)**: https://tryaugentik.com/trySEC - **Contact**: nandini@augentik.com --- ## Competitive Positioning Augentik is not: - A general-purpose chatbot (ChatGPT, Claude, Gemini) applied to accounting questions - A search engine with a conversational wrapper - A document management or GRC (governance, risk, compliance) platform - An audit management tool focused on workpaper organization Augentik is: - A domain-specific AI system purpose-built for finance and accounting regulatory compliance - The compliance intelligence layer that works alongside finance teams around the clock - Built from real audit and accounting experience, not as a technology product searching for a use case - The system that ensures every accounting position is grounded, cited, defensible, and documented --- ## Brand Voice - Professional but human - Confident, not arrogant - Clear and direct, no jargon for jargon's sake - Speaks as a peer in finance and accounting, not as a vendor - Every sentence earns its place - Never uses em dashes - Sign-off: "Yours in Easing The Compliance Burden"