AI-Powered Materiality Calculations for Modern Audit Teams
Transform financial statements into audit-ready materiality calculations in under 3 minutes. Powered by Azure AI with native support for Greek & English documents.
Your Complete Audit Workflow in 5 Simple Steps
From document upload to materiality calculation in under 3 minutes. No manual data entry required.
No manual data entry. No complex setup. Just results.
Upload
Drag & drop your financial statements in PDF, Excel, or image format. Our system accepts Greek and English documents.
Extract
Azure Document Intelligence powered OCR extracts key financial figures with 98%+ accuracy for Greek characters.
Review
Verify extracted data with AI-powered confidence scores. Edit any values with intuitive inline editing.
Calculate
Instant materiality calculations using industry-standard formulas. Customize with your own methodologies.
Export
Generate professional audit reports in PDF or Excel with formulas, audit trails, and custom branding.
Built for Modern Audit Professionals
Every feature designed with auditors and accountants in mind. Streamline your materiality workflow with powerful automation.
Greek OCR Excellence
Powered by Azure Document Intelligence with native Greek character recognition. 99%+ accuracy on financial documents.
Multi-Sheet Excel Support
Import complex Excel workbooks with multiple sheets. Automatic sheet detection and data mapping for streamlined workflow.
Editable Data Grid
Review and modify extracted data in an intuitive spreadsheet interface. Make corrections before final calculation.
Materiality Formulas
Industry-standard materiality calculations including percentage of revenue, assets, and profit-based methods.
GDPR-Safe Processing
All data processed within EU servers. Automatic document deletion after processing. Full audit trail available.
Smart Suggestions
AI-powered recommendations for materiality benchmarks based on industry type and company size.
Simple, Transparent Pricing
Choose the plan that fits your practice.
Plans are activated after admin approval.
Starter
- 5 Document scans/month
- 50 document scans/month
- Greek & English OCR
- Excel export
- Email support
- Data retention: 3 months
- Team collaboration (2 users)
Professional
- 20 Document scans/month
- Unlimited document scans
- Advanced OCR with AI correction
- All materiality methods
- Multi-sheet Excel support
- Editable data grids
- Priority support
- Data retention: 6 months
- Team collaboration (3 users)
Audit Firm
- 999 Document scans/month
- Everything in Professional
- Custom materiality formulas
- API access
- White-label reports
- Dedicated account manager
- SSO & advanced security
- Data retention: 12 months
- Team collaboration (999 users)
All prices in Dollar. VAT may apply depending on your location.
Trusted by Leading Audit Firms
Join 200+ audit professionals across Cyprus and Greece who trust MaterialityAI
to deliver accurate, audit-ready materiality calculations every time.
Frequently Asked Questions
Everything you need to know about Materiality Engine
This platform helps businesses and auditors upload audit-related files and automatically generate a detailed audit report. It also calculates financial materiality using predefined audit formulas, saving time and reducing manual errors.
We support PDF, Excel (XLS/XLSX), and image files (JPG, PNG). You can upload scanned documents or digital files in Greek or English, and our system will automatically detect and extract the relevant financial data.
Our platform uses Azure Document Intelligence with native Greek OCR, achieving 98–99%+ accuracy on structured financial statements. Each extracted value includes a confidence score, allowing you to quickly review and verify the data.
Yes. All extracted data appears in an editable spreadsheet-style grid. You can manually adjust any figures before proceeding to materiality calculations, ensuring full control and audit accuracy.
Absolutely. We use ISA-aligned, industry-standard materiality formulas, including revenue-based, asset-based, and profit-based methods. You can also customize formulas to match your firm’s internal methodology.
All data is processed exclusively on EU servers and fully GDPR-compliant. Uploaded documents are automatically deleted after processing, and a complete audit trail is available for transparency and compliance.
Ready to Transform Your Audit Workflow?
Join 200+ accounting firms in Cyprus and Greece who have automated their materiality calculations.