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MindBridge Reviews & Product Details

MindBridge Overview

What is MindBridge?

MindBridge AI is the leading risk intelligence platform for finance professionals, delivering meaningful risk detection, prioritization, and insights for 100% of your business transactions. MindBridge AI empowers finance teams, controllers, and internal auditors with adaptive anomaly detection that drives more robust detective controls, informed decisions, and transparency in financial reporting to key stakeholders.​

MindBridge Details
Product Website
Languages Supported
German, English, French, Spanish
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Product Description

MindBridge revolutionizes financial analysis as the worlds first and only AI powered auditing platform.

How do you position yourself against your competitors?

Unparalleled view of risk across 100% of each customer’s transactions.​

Supports some of the world’s largest enterprises and scales for hundreds of millions of rows of data that can't be matched.​

It combines advanced machine learning, statistical methods, and traditional rules-based detection. MindBridge's algorithms provide the most comprehensive approach to detecting risky and unknown issues across 100% of your transactions, allowing business users to focus on surfaced risks instead of manually going over each transaction.

With over 135 billion transactions analyzed, MindBridge’s machine learning algorithms learn from each unique dataset to provide additional assurance and validation unmatched by traditional rules or statistical methods alone.


Seller Details
Company Website
Year Founded
2015
HQ Location
Ottawa, Ontario
Twitter
@mindbridge_ai
3,845 Twitter followers
LinkedIn® Page
www.linkedin.com
225 employees on LinkedIn®
Description

Mindbridge is a technology company specializing in financial data analytics and artificial intelligence. Their platform leverages machine learning to enhance the audit process, providing auditors and financial professionals with advanced tools to identify anomalies and improve decision-making. Mindbridge aims to transform the way organizations manage risk and ensure compliance through its innovative solutions. For more information, visit their website at https://mindbridge.com.


D C.
DC
Overview Provided by:

Recent MindBridge Reviews

Verified User
U
Verified UserMid-Market (51-1000 emp.)
5.0 out of 5
"MindBridge has increased the quality of our audits."
I like that it is able to analyze large quantities of data and direct our audit to high risk areas.
Priyank D.
PD
Priyank D.Small-Business (50 or fewer emp.)
4.5 out of 5
"Mitigating Financial Risk."
It is easy to implement and use. The tabs are integrated and there are alot of fetures.
Verified User
C
Verified UserEnterprise (> 1000 emp.)
4.0 out of 5
"GL/Vendor Data Analytics"
Easy to use, strong analytics capabilities, great customer support
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MindBridge Media

MindBridge Demo - MindBridge General Ledger Analytics
Provide audit and finance professionals with powerful automation tools: MindBridge’s AI-powered risk discovery platform identifies anomalies and calculates risk scores for 100% of core accounting ledger entries, reducing costs, ensuring compliance, and improving resource allocation. MindBridge pr...
MindBridge Demo - MindBridge Revenue Risk Analytics
Provide insights into the factors that influence sales performance: MindBridge automates the examination of all revenue combinations of customer, product, region, and other categories important to your business and presents meaningful insights without needing to be a data scientist. Enhance your ...
MindBridge Demo - MindBridge Payroll Risk Analytics
Maximize analytics of payroll data to ensure its financial integrity: Automated detective controls over payroll operations help streamline the ability to identify discrepancies early and proactively address risk to prevent loss. MindBridge examines payroll hourly rates, hours worked, unusual paym...
MindBridge Demo - MindBridge Vendor Invoice Risk Analytics
Deliver complete population risk assessment of your vendor invoice data: MindBridge examines vendor invoices and line items to identify unusual patterns across users, vendors, cost/profit centers, companies, and other categories used in your business. With unique machine learning algorithms acros...
MindBridge Demo - MindBridge Company Card Risk Analytics
Effortlessly detect unknown surges in card activity for your business: MindBridge surfaces irregularities and assists finance professionals in working smarter by automating the detection of fiscal inefficiencies and misuse that often elude traditional top-down analysis methods. Automating out-of-...
Explore the benefits of MindBridge AI, an award-winning, anomaly detection and financial risk discovery platform used by tens of thousands of finance and audit experts around the globe.
Play MindBridge Video
Explore the benefits of MindBridge AI, an award-winning, anomaly detection and financial risk discovery platform used by tens of thousands of finance and audit experts around the globe.
Unique Risk Segmentation allows businesses and firms to understand which area of the business is driving risk. Whether
it be subsidiaries, users, or cost centers, the Risk Segmentation will highlight where to look.
Play MindBridge Video
Unique Risk Segmentation allows businesses and firms to understand which area of the business is driving risk. Whether it be subsidiaries, users, or cost centers, the Risk Segmentation will highlight where to look.

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23 MindBridge Reviews

4.7 out of 5
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23 MindBridge Reviews
4.7 out of 5
23 MindBridge Reviews
4.7 out of 5

MindBridge Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for MindBridgeQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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G2 reviews are authentic and verified.
Lauren E.
LE
Senior Internal Auditor
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about MindBridge?

MindBridge is a useful tool for pointing out unusual transactions in our GL that require some further attention. It's much more likely for us to find anomalies by using this tool rather than random sampling. While we don't currently rely on the tool for SOX testing purposes, it's still worthwhile for us to review what MindBridge scores as high risk. Aside from the tool itself, the team at MindBridge are super easy to work with, helpful, knowledgable, and responsive. Overall been a good experience so far! Review collected by and hosted on G2.com.

What do you dislike about MindBridge?

Reviewing our GL data in a different format than we are used to as auditors has a bit of a learning curve. However, once we got the hang of the tool and how it works, how to tag populations to be excluded or to be reviewed, it's becoming quite useful. Review collected by and hosted on G2.com.

What problems is MindBridge solving and how is that benefiting you?

It allows us to focus our efforts on unusual journal entries as opposed to random sampling. The control points in MindBridge that cause entries to be tagged as 'high risk' are well thought out and easy to understand. Review collected by and hosted on G2.com.

Chris S.
CS
Manager, Internal Audit Data Solutions
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about MindBridge?

MindBridge allows your data to be analysed at a holistic enterprise view or customized to be more specific to address specific areas of focus. Their customer support is exceptional and you never feel alone on your journey. They are constantly looking to evolve their product and expand the capabilities they offer their customers. Review collected by and hosted on G2.com.

What do you dislike about MindBridge?

I have sometimes experienced slow processing speeds on certain analysis; however, their support team is highly involved in resolving these issues and keeps in constant contact until the issues have been resolved. Review collected by and hosted on G2.com.

What problems is MindBridge solving and how is that benefiting you?

Its not addressing a specific problem but is more so enhancing our ability to levrage our data to be more informed and aware of risks within the org in a more timely manner. It allows for small problems to be identified before they become a bigger more glaring issue. Review collected by and hosted on G2.com.

Verified User in Accounting
UA
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about MindBridge?

I like that it is able to analyze large quantities of data and direct our audit to high risk areas. Review collected by and hosted on G2.com.

What do you dislike about MindBridge?

It would be helpful to have more insight into how the MindBridge scores are calculated. Review collected by and hosted on G2.com.

What problems is MindBridge solving and how is that benefiting you?

MindBridge allows us to analyze large amounts of data and focuses our procedures on higher risk transactions. We have seen an increase in audit quality. Review collected by and hosted on G2.com.

Valerie L.
VL
VP Audit
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about MindBridge?

Mindbridge has been a super helpful, analytical tool to discover anonomalies or potential issues in our transactional details. We have used across our entire GL as well as Payroll and complete a monthly review. The analytics serve as assurance we are not missing anything material in our data. Review collected by and hosted on G2.com.

What do you dislike about MindBridge?

There is work involved in utilizing Mindbridge in that you need to stay on top of what you are seeing and tag those that do not need a future review in order to keep the output efficient and meaningful for the Company. Review collected by and hosted on G2.com.

What problems is MindBridge solving and how is that benefiting you?

Mindbridge provides assurance our data is accurate each quarter prior to our SEC filings. Review collected by and hosted on G2.com.

Priyank D.
PD
Senior Accounts Manager
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about MindBridge?

It is easy to implement and use. The tabs are integrated and there are alot of fetures. Review collected by and hosted on G2.com.

What do you dislike about MindBridge?

Customer support should be much more effective and easy to understand. Review collected by and hosted on G2.com.

What problems is MindBridge solving and how is that benefiting you?

It gives us proper cash flow analysis and also about variance analysis with oerating revenue . The internal control and operations are more effective. Review collected by and hosted on G2.com.

Verified User in Consulting
CC
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about MindBridge?

Easy to use, strong analytics capabilities, great customer support Review collected by and hosted on G2.com.

What do you dislike about MindBridge?

MAC Code mapping can be time consuming and manual Review collected by and hosted on G2.com.

What problems is MindBridge solving and how is that benefiting you?

GL and vendor data analytics Review collected by and hosted on G2.com.

Verified User in Non-Profit Organization Management
UN
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: G2 invite on behalf of seller
What do you like best about MindBridge?

Seems easy to use for audit risk assessment - and allows the user to review MB risk scores and balance out with the auditor's human/personal understanding of the entity. I attended a live work-related Mindbridge seminar facilitated by 2 Mindbridge staff. It was accompaned by a preliminary online reading/course to familiarise with MB. Seems to be easy to use and also guaranteed customer support. Review collected by and hosted on G2.com.

What do you dislike about MindBridge?

None noted as yet. Will learn and adapt to the MB as we go Review collected by and hosted on G2.com.

What problems is MindBridge solving and how is that benefiting you?

Risk assessment Review collected by and hosted on G2.com.

JM
Auditor
Enterprise(> 1000 emp.)
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about MindBridge?

intuitive design and seamless integration with Microsoft Review collected by and hosted on G2.com.

What do you dislike about MindBridge?

not the easiest way to connect to OneDrive Review collected by and hosted on G2.com.

What problems is MindBridge solving and how is that benefiting you?

trial balance analysis Review collected by and hosted on G2.com.

PO
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about MindBridge?

My favorite thing about MindBridge is its ability to review extremely large accounts over a few minutes. Compared to before larger accounts meant larger estimates but now I just input my data sit back and let the program do the analysis which narrows the transactions that I need to take a closer look at. Review collected by and hosted on G2.com.

What do you dislike about MindBridge?

The only downside to using MindBridge is that it can be time-consuming to MAP the codes. In the future, it would be helpful to set our own codes so that were not spending too much time classifying accounts into MAC codes. Review collected by and hosted on G2.com.

What problems is MindBridge solving and how is that benefiting you?

The biggest issue MindBridge has helped me with is Journal Entry testing particularly for extremely large accounts which could have over hundreds of thousands of accounts! Review collected by and hosted on G2.com.

Verified User in Higher Education
UH
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about MindBridge?

It's incredible how fast you can review accounts with Mindbridge AI. I got to use this software while in university for an auditing course and loved it. It was smooth, intuitive to use, fantastic when you had to narrow down transactions. It's awesome software for working with large data so much easier with it's simple to use analysis. Review collected by and hosted on G2.com.

What do you dislike about MindBridge?

The data requirements can be particular and the formatting of the data can be troublesome when you are first starting out and learning where everything is located. I took this auditing software course in university which went through how to use Mindbridge. It might be troublesome for new users who may require extra training which might be expensive. Review collected by and hosted on G2.com.

What problems is MindBridge solving and how is that benefiting you?

I used it in a university course. I used it to work out financial analysis to see the health of a company and its investments. How the company allocated resources and also to search for high risk areas to analyze further. I used it to create reports. Review collected by and hosted on G2.com.