FOR IMMEDIATE RELEASE
London, UK – 02 December 2025
Validis, the category leader in standardized financial data for auditors, today announced its inclusion in Thomson Reuters’ newly expanded audit innovation ecosystem — a strategic set of partnerships designed to accelerate AI-powered, data-driven audit workflows.
The announcement, originally posted in Thomson Reuters’ press release, confirms Validis’ role as the foundational data ingestion partner powering Audit Intelligence Analyze, the next generation of Thomson Reuters’ Cloud Audit Suite.
A shared vision: AI-powered, data-first audit transformation
Thomson Reuters selected Validis after extensive evaluation of the financial data extraction market. Validis’ ability to deliver consistent, standardized, transaction-level data across any ERP makes it a natural fit for powering the firm’s AI-driven risk assessment, anomaly detection, and automated documentation capabilities.
Audit Intelligence Analyze, developed with Validis, uses AI and machine learning to:
- Focus testing on high-risk areas
- Segment populations by risk
- Reduce the number of manual items to be tested
- Surface anomalies and generate required documentation
- Feed consistent data directly into existing methodology and workflows
“Quality, standardized data is the foundation of every AI initiative in audit,” said Michael Turner, CEO of Validis. “This partnership proves what the industry already knows — when data flows, innovation grows. We’re proud to power the next evolution of the audit profession.”
Why Thomson Reuters chose Validis as its data partner
Validis’ Smart Data Engine ingests and standardizes client trial balance, general ledger, and subledger data — delivering one consistent output across all accounting systems. This enables firms to adopt AI responsibly, without the ‘garbage in, garbage out’ problem that undermines most automation programs.
Key advantages for audit firms include:
- Universal data coverage across 27+ connectors and 1,000+ accounting systems
- Complete standardization of 100% of available data
- Seamless integration into major audit tools and methodologies
- Stronger risk assessment through detailed, transaction-level insights
- Immediate efficiency gains (8+ hours saved per audit on average)
- Raising the bar for quality and efficiency across the audit market
With Audit Intelligence Analyze now powered by Validis data, firms gain a single source of truth that supports strategic sampling, enhanced planning, and more informed conversations with clients.
“Validis’ standardized data gives auditors deeper insight, earlier in the process,” said Turner. “Together with Thomson Reuters’ guidance and AI engine, we’re helping firms move beyond compliance and into true advisory value.”
About Validis
Validis delivers the gold standard of financial data extraction and standardization for the audit profession. Trusted by 3 of the Big 4, 18 of the Top 25 US firms, and nearly 100 firms globally, Validis provides instant access to client accounting data — fully standardized, fully reconciled, and ready for analysis.
Read original press release
