Aprio, a business advisory and accounting practice, has acquired TimeCredit AI, a start-up from the 2024 AICPA and CPA.com Startup Accelerator, to enhance accounting services with a $300m investment in AI and automation.

TimeCredit’s AI platform will improve accounting workflows for Aprio, boosting intelligent automation capabilities in audit, tax, reporting, and advisory services.

Aprio’s AI strategy includes deploying advanced tools like document drafting, legal content analysis, data summarization, and workflow optimization to deliver faster insights and a better experience for clients and team members.

Three key TimeCredit executives, including CEO Ndonga Sagnia, have joined Aprio to drive AI initiatives and innovation, aiming to combine advanced technology with domain expertise for smarter solutions in the accounting profession.

Aprio’s AI Council, a cross-functional leadership team, will oversee the company’s AI transformation, aligning technological advancements with business strategies and client needs to reshape the future of professional services.

Read more at Yahoo Finance: Aprio furthers $300m AI strategy with TimeCredit AI acquisition