EY has announced a strategic alliance with Rillet to help organizations accelerate finance transformation through AI-driven automation while embedding risk management and controls directly into core financial operations.
A Unified Approach to Modern Finance Transformation
The cooperation merges EY US capabilities in finance transformation, technology consulting, and risk management with Rillet’s AI-native, general-ledger-first ERP platform. This combined approach is meant to help organizations who have outgrown their traditional mid-market ERP systems and are now looking for more scalable, intelligent finance operating models.
By bringing together finance, technology, and governance into one single framework, the partnership allows companies to modernize without experiencing the disruption that is usually associated with full ERP replacements. The approach is centered on incorporating automation and accounting logic right into the workflows like journal entries reconciliations revenue recognition, financial close, and reporting.
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Incorporating Risk and Controls into Core Workflows
One of the major things that set the EY Rillet partnership apart is the fact that risk and controls are integrated as a fundamental element of the transformation process rather than being treated as a separate activity. This not only aligns governance and compliance with automation and AI adoption but also leads to better audit readiness and operational resilience.
“Finance leaders are navigating relentless pressure to improve speed, insight and control, while managing mounting complexity and risk. The EY-Rillet Alliance is differentiating precisely because risk management and controls aren’t a separate workstream: they are woven into the transformation from the start. That’s how the Alliance will help clients build finance functions that are not just faster and smarter, but genuinely resilient.” – Michael Flynn, EY-Rillet Alliance Leader, EY US
AI-Native Platform Enhances Control and Auditability
Rillet’s AI-native architecture enables accounting logic and automation to be embedded at the core of financial systems. This allows organizations to maintain continuous oversight while improving efficiency and accuracy across finance processes.
“Finance transformation has long promised speed and insight, but integrating controls has remained a persistent challenge. With EY US, we’re changing that. When AI is baked into the accounting logic from the ground up, controls don’t just keep pace–they become stronger, more continuous and more defensible under audit.” -Nic Kopp, CEO and Co-Founder at Rillet
Driving Scalable, Future-Ready Finance Functions
The alliance is part of a wider move to finance that is operated by AI in which different aspects like automation, compliance, and strategic insight are very closely connected. Partners from EY, who are familiar with the financial domain and have risk capabilities supported by AI, together with Rillet, a provider of a modern ERP platform, can enable companies to establish finance functions that are flexible, scalable, and ready for audit.
Thanks to the collaboration, the two companies are in a position to assist organizations in going beyond isolated transformation efforts to a unified AI-native finance ecosystem that provides efficiency in a measurable manner, enhanced governance, and resilience for the long term.
