Valid8 Financial

How do you balance the daunting task of analyzing large and complex financial portfolios with completing lifestyle analyses in a timely manner for family law cases? Traditional approaches involve extensive and time-consuming manual effort, including the analysis of financial documents, bank statements, and other records. Fortunately, new software solutions have been developed to accelerate the process while maintaining accuracy. Our latest eBook, “Streamlining Lifestyle Analysis for Forensic Accountants with AI”, linked in comments, helps accountants in family law discover the benefits of AI-powered enhancements, leading to more efficient and accurate lifestyle analyses. You will read about: - Common challenges with complex financial portfolios. - Workflow comparisons to see how AI-powered enhancements transform traditional workflows. - Real-life case study where AI-driven SaaS tools significantly accelerated a complex lifestyle analysis. #FamilyLaw #ForensicAccounting #LifestyleAnalysis

Thank you MassCPAs for inviting us to your next Litigation Consulting and Business Valuation Committee Meeting!

Did you know that nearly 30% of financial datasets begin with the number 1, hinting at potential anomalies when deviated from this pattern? Navigating the complex landscape of financial fraud requires not just keen insight but advanced tools. Enter Benford’s Law and AI categorization—your new best allies in the battle against financial deceit. Benford's Law isn't just a statistical curiosity; it's a proven method for spotting irregularities in financial data, a first line of defense for forensic accountants. When paired with the latest AI-driven technologies, such as Valid8, this approach transitions from being merely interesting to indispensable. These tools not only speed up the time-to-analysis but also enhance the accuracy of your investigations, ensuring you can trust your findings and base your legal strategies on solid ground. For attorneys and accountants, leveraging these innovations means not only safeguarding client interests but also advancing your professional capability in a tech-driven world. Don't just stay updated; stay ahead. Embrace the technology that redefines your field and ensures you're equipped for any challenge. Curious how this powerful duo works in tandem to streamline your processes? Dive into the details and discover how you can enhance your investigative prowess. Read the full article on how Benford’s Law and AI Categorization Accelerate Financial Fraud Investigations. Link to article in comments. #forensicaccounting #fraudinvestigations #benfordslaw

How does a small forensic accounting firm integrate cutting-edge technology to revolutionize complex financial cases? Recently, we sat down with Eli Neal, CPA, ABV, CFF and Principal at 4 Corners Financial Forensics, to discuss how their firm excels in forensic accounting, business valuations, and economic damage assessments using the Valid8 platform. Key Highlights: - 4 Corners Core Philosophy: Aligning with attorneys and clients for precise financial reporting. - Commitment to Efficiency and Precision: Simplifying transaction categorization and reporting, saving time and ensuring reliability. - Leveraging Valid8 Integration: Streamlining data preparation and analysis. Since adopting Valid8 in October 2021, 4 Corners Financial Forensics has expanded its capabilities, efficiently handling thousands of transactions and providing detailed financial reports. Read the full article (link in comments) #forensicaccounting #financialcrime #innovation

Unfortunately, executing a successful fraud scheme doesn’t take a criminal mastermind. Fraudsters use simple tactics like improper fund redirection or false paperwork to exploit the large and opaque financial system. Even Bernie Madoff’s multi-billion dollar Ponzi scheme boiled down to these basic methods. This simplicity belies the complexity and expense of unraveling the fraud. Our Verified Financial Intelligence platform gives teams the tools they need to effectively manage financial evidence. By preparing and verifying complete financial histories in just hours, Valid8 allows professionals to focus on analysis and interpretation and cuts the time required for a thorough investigation. Learn more about how Valid8 shuts down pathways for fraud at the link in the comments.

In a new Attorney at Work article, our co-founder, Tod McDonald, explains how AI will power the future of financial fraud investigations. Just as e-discovery transformed document review in legal cases, AI-infused Verified Financial Intelligence (VFI) is poised to overhaul financial investigations. By automating data preparation and analysis, VFI empowers legal and accounting teams to focus on what truly matters: building compelling cases. Key benefits for financial investigations: -Reduces manual data entry and reconciliation. -Enables comprehensive analysis of vast datasets. -Flags discrepancies and potential fraud indicators. -Creates powerful visualizations for clearer insights. Read the full article, linked in the comments, to gain insight on how AI helps attorneys execute more efficient, thorough and successful investigations. #FinancialCrime #AI #LegalTech #FraudDetection #Automation

Our Valid8 Financial team is thrilled to be at the 2024 Association of Certified Fraud Examiners (ACFE) conference in Vegas this week. We look forward to connecting with our peers in the fraud community. Join us at booth #208, we would love to meet you! Todd Ludwig Sara Klein Garth Leonard Martine Gelb Bryce Moyle #acfeconference #fraudinvestigations #followthemoney

It was great to see everyone at the West Coast White Collar conference in Denver this week. We enjoyed showcasing our VFI solution and having insightful conversations about white collar investigations. Martine Gelb Ian B. #NACDLwcwc #fraudinvestigations #followthemoney

How efficiently are you navigating the complex world of financial disputes and investigations? Financial disputes and investigations demand precision, organization, and a deep understanding of document intricacies. The right software tools are not just a choice but a necessity in this intricate terrain. Our latest article, "Streamlining Financial Disputes & Investigations," outlines a seven-step roadmap designed to transform your approach to data extraction and analysis, ensuring you can focus your valuable time on what truly matters. From the initial selection of software based on document type to the final steps of data analysis and reporting, we provide a detailed guide to optimize your workflow. Learn about innovative strategies for handling various document formats, organizing and extracting data accurately, and employing advanced analytics for comprehensive investigation results. Discover how these steps can empower you to reach informed conclusions more efficiently, enhancing your ability to navigate through the complexities of financial disputes and investigations with confidence. Let's elevate the standard of forensic accounting and legal investigation together. #ForensicAccounting #LegalTech #DataExtraction