FootNoteAI

FootNoteAI is a Generative AI-powered tool that drafts footnote disclosures for auditors.

Join the waitlist to be one of FootNoteAI’s first beta users

FootNoteAI is now in development. Beta users will be onboarded in early January. Enter your email to be the first to know when FootNoteAI is available for use.

Unlock the full potential of FootNoteAI

Boost Efficiency

Automate footnote drafting to save time and effort, freeing auditors to focus on high-value tasks and enhancing overall audit efficiency.

Ensure Accuracy

Leverage AI to generate precise, compliant footnote disclosures, reducing errors and meeting regulatory standards.

Enhance Collaboration

Provide a unified platform for audit teams to collaborate, ensuring consistency and knowledge sharing across engagements.

FAQ

What is FootNoteAI?

FootNoteAI is a generative AI application that helps auditors create accurate and compliant financial statement footnotes more efficiently.

Who is FootNoteAI designed for?

FootNoteAI is primarily designed for senior auditors at accounting firms responsible for preparing financial statement footnotes from private middle-market companies.

How does FootNoteAI work?

FootNoteAI is trained on a large footnote dataset and it enables the auditor to generate new compliant footnotes that use uploaded financial statements, trial balances, and audit workpapers as supporting documentation. It even completes disclosure checklists.

What are the key benefits of using FootNoteAI?

FootNoteAI saves auditors valuable time by streamlining the footnote drafting process. It can also helps reduce errors and ensure compliance with accounting standards.

How is FootNoteAI priced?

FootNoteAI is considering several pricing models, including tiered subscriptions, value-based pricing, and a platform subscription model. Beta users will receive a significant discount on the list price.

Is my data secure with FootNoteAI?

FootNoteAI is installed inside the accounting firms’ virtual private cloud, uses private end-points, and encrypts data while in transit and at rest. Data is only shared with local Microsoft instances of AI models so no data leaves your environment and the AI vendors do not gain access to the data, eliminating the risk of data leakage or training using your proprietary data.

What is the future roadmap for FootNoteAI?

FootNoteAI plans to continue adding features and improving its AI models. Future enhancements may include more complex disclosures, advanced automation, and deeper insights for auditors.

When will FootNoteAI be available for use?

FootNoteAI is now in development. Beta users will be onboarded in early January.

How do I sign up for a product demo?

Contact info@tellen.ai