Auditing

What Impact will Artificial Intelligence have on Audits?

We are at an inflection point in the debate about what artificial intelligence (AI) means for industries and professions. With the critical mass of data now enough to feed the AI engine, its early applications are yielding some very interesting results. There are many truths and half-truths out there concerning the impact that AI will…

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What is Inventory Finance?

Consignment A consignment agreement is an arrangement resulting from a contract in which one entity, the consignor, entrusts goods to another, the consignee, for sale. The consignee acts as an agent on behalf of the consignor, a principal in selling the goods and must take reasonable care of them while in his or her possession.…

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CheckVentory allows car dealers to self-audit (SAudit) more accurately

When most people see shiny new cars on a garage forecourt they don’t know that the dealer doesn’t own the cars. A financial institution or the distributor for the brand they represent does,” says Adrian Walsh founder of CheckVentory, an automated stock checking system designed to replace manual inventory control in high value asset sectors…

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Keeping stock pays dividends

  Early career experiences often provide the seedbed of inspiration for future enterprise. In the case of Adrian Walsh, a combination of careers in the information technology and automative industries combined to provide the idea for CheckVentory, a new firm that recently won the 2015 PwC Docklands Innovation Award. While working as MD for one…

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