Haim Halpern

CEO @Datricks_. 1,000 domain experts working 24/7 on your financial processes - minus the headcount. Notes for CFOs and audit leaders rethinking control.

[Haim Halpern @hlprn]

Most finance teams accept a delay between when something goes wrong and when they notice it. Duplicate payments. Payment terms manipulation. Vendor master tampering. Caught weeks after the cash moved. We're building Datricks to close that gap. AI agents that validate every step of every financial process in real time. If you run finance, audit, or controls, I'd love to compare notes.

[Haim Halpern @hlprn]

Hardest question I get from CFOs isn't "will the AI work?" It's "what happens to my team's identity if the work they're proud of becomes the work the agents do best?" That's the one I think about most.

[Haim Halpern @hlprn]

We pointed agents at a global manufacturer's AP data. Week one: $1.2M in duplicate payments. Week two: a pay-term pattern traceable to two vendor records that should have been one. None of it had been flagged by their existing controls. The controls were working as designed. The design was the problem.

[Haim Halpern @hlprn]

The promise of agents in finance isn't "one less FTE." It's 100% coverage instead of 5% sampling. Those are different products even if they look the same on a marketing page.

[Haim Halpern @hlprn]

Sampling 5% of transactions is not control. It's control theater. Auditors know this. The question is when the rest of the org figures it out.

[Haim Halpern @hlprn]

Every finance team has a delay between when something goes wrong and when they notice.

Duplicate payments live there. So does maverick spend. So do most internal fraud cases.

The delay is the product gap. Closing it is the work.

[Datricks @Datricks_]

We’re excited to be heading to @SAP’s Transformation Excellence Summit in Frankfurt as a silver sponsor!

Stop by the Datricks booth to meet our experts and see how we can help you excel at eliminating financial exposures, transforming your business into a beacon of Financial Integrity.

And be sure to stick around for Hella Forvia’s speaking session—@Haiko3012 will be sharing his experience using SAP Signavio and Datricks for process and risk mining—it’s going to be one of the highlights! https://t.co/2u4iUuYFfr

#SAPSummit #FinancialIntegrity #BusinessTransformation #Datricks #Frankfurt

[Datricks @Datricks_]

Thrilled to share some groundbreaking news! 🚀 Datricks is taking a giant stride in revolutionizing financial integrity.

We're proud to announce our successful $15M Series A funding round! This milestone was achieved with Team8 leading the charge, alongside invaluable support from SAP and JVP.

This infusion of capital will supercharge our mission to help finance leaders protect their organizations' financial integrity. Our focus? Eliminating financial exposures arising from human error, non-compliance, and fraud.

Our innovative, autonomous, real-time platform is poised to redefine financial operations across multiple sectors.

Want to understand what this means for the future of financial integrity? Check out our press release for the full scoop: https://t.co/RgWksriSLD

#Datricks #FinancialIntegrity #SeriesAFunding #FinTech

[Datricks @Datricks_]

It's Day 2 of the SAP Transformation Excellence Summit, and we're off to a great start, talking about how to take control of your financial operations with the right technology.

With human error, non-compliance, and fraud on the rise, real-time, autonomous control is more important than ever. So, be sure to join us to discover how Datricks can help you eliminate these exposures before they impact your business.

And don’t forget to meet us at Booth #9!

#SAPSummit #FinancialControl #Compliance #FraudPrevention #FinancialIntegrity #Datricks #ChicagoEvents #FinanceInnovation #ERP

[Datricks @Datricks_]

Our very own @royrozenblum , Co-founder and CTO of Datricks, will be speaking at #RISK Digital, hosted by @GRCWF, today.

He'll be discussing how with complex financial environments, mountains of data, and the constant threat of human error, non-compliance, and fraud, gaining and maintaining control over your financial integrity has never been more challenging - and how Datricks is leading the charge in eliminating these risks.

Join us to learn how our Financial Integrity Platform provides real-time, autonomous solutions that ensure your data is flawless and your control is absolute.

We hope to see you there.

P.S. For more details and to register, visit the link in the comments.

[Datricks @Datricks_]

In the age of Big Finance, the stakes have never been higher.

As financial data grows in speed, complexity, and volume, so do the financial exposures of human error, non-compliance, and fraud.

But it doesn't have to be that way.

We’re proud to be a Silver Sponsor at the SAP Transformation Excellence Summit 2024 in Chicago from September 16-18, and we’d love to connect and discuss how you can benefit from our real-time, autonomous solution to:

-Take autonomous control over your entire financial operation

-Eliminate those exposures before they can impact your business

-Safeguard your financial integrity

Meet us at booth #9!

Interested in setting up a meeting with us at the summit? Fill out your details here, and we’ll make it happen! https://t.co/SNzJzK5SJp

#SAPTESummit

[Datricks @Datricks_]

For decades, fraudsters have run rampant, looting companies blind with sophisticated scams that easily slipped under the radar of traditional detection methods.

However, a technological revolution is arming businesses with a potent new weapon against these corporate criminals - artificial intelligence (AI).

So how exactly is AI turning the tide? Here are four powerful ways AI is giving companies capabilities humans simply can't match.

P.S. Check out the full blog post for more: https://t.co/yiylyQA0wY

[Datricks @Datricks_]

📊 Ernst & Young study: 71% of mining companies report material weaknesses in internal controls, with issues in revenue recognition (35%), financial reporting (29%), and inventory management (22%). AI-driven tech is crucial to address these. #AI #RiskManagement #frau📊 Ernst & Young study: 71% of mining companies report material weaknesses in internal controls, with issues in revenue recognition (35%), financial reporting (29%), and inventory management (22%). AI-driven tech is crucial to address these. #AI #RiskManagement #frau📊 Ernst & Young study: 71% of mining companies report material weaknesses in internal controls, with issues in revenue recognition (35%), financial reporting (29%), and inventory management (22%). AI-driven tech is crucial to address these. #AI #RiskManagement #frau📊 Ernst & Young study: 71% of mining companies report material weaknesses in internal controls, with issues in revenue recognition (35%), financial reporting (29%), and inventory management (22%). AI-driven tech is crucial to address these. #AI #RiskManagement #frau📊 Ernst & Young study: 71% of mining companies report material weaknesses in internal controls, with issues in revenue recognition (35%), financial reporting (29%), and inventory management (22%). AI-driven tech is crucial to address these. #AI #RiskManagement #fraud

[Haim Halpern @hlprn]

@Dotan_Bar_Noy המון מזל טוב!

[Datricks @Datricks_]

Designing processes of risk management is vital as it allows companies to proactively identify & mitigate risks, reducing the likelihood and impact of potential failures. #Automating #controls continuously reduces human errors & provides real-time monitoring & alerts for risks.

[Datricks @Datricks_]

Are you an #internalauditor looking to stay relevant in an ever-changing business landscape? The #IIA's new standard puts the future of work at the forefront and asks internal auditors to embrace new technologies and take a strategic approach. #RiskMining https://t.co/1k6TM1pcth

[Datricks @Datricks_]

We at @Datricks_ couldn't agree more with @ComplyAdvantage researchers! Time to adopt #AI and #processmining technologies to mitigate risk in #audit and #compliance
#InternalAuditors
#internalcontrols
#Auditandcompliance

[shalev itzkovitz @SItzkovitz]

Check out our new preprint on the after-life of intestinal cells: https://t.co/2EA6dVmWz1. Cells that are shed each day from our gut are thought to die immediately upon their dissociation from the tissue. Here we show that this is not the case (1/6).

[Datricks @Datricks_]

This year we celebrate 20 years since the sarbanes oxley act was put in place. We are pretty sure that no one ever imagined that one day auditors will be able to automate their SOX program using AI technology. SOX-in-a-BOX is magic!!!!
#sarbanesoxley
#internalaudit
#ai

[Datricks @Datricks_]

What an amazing first day at #IIA International Conference. If you missed out the magic meet us tomorrow at our innovation session 10:40am
#internalaudit #audit #internalcontrols #Compliance