EY and Rillet Form Strategic Alliance to Deliver AI Native Finance Transformation with Built In Risk Controls

EY and Rillet Form Strategic Alliance to Deliver AI Native Finance Transformation with Built In Risk Controls

(IN BRIEF) EY US has formed an alliance with Rillet to deliver an AI-driven approach to finance transformation that integrates automation, accounting processes, and risk management into a single operating model. By combining EY’s consulting and risk expertise with Rillet’s real-time, AI-native ERP platform, the partnership aims to help organizations modernize their finance functions without the disruption of replacing entire systems. The solution embeds controls directly into financial workflows, improving audit readiness, operational efficiency, and regulatory compliance while addressing increasing complexity in financial management. This integrated approach enables companies to build more scalable, resilient, and data-driven finance operations, reflecting a shift toward combining technology, governance, and performance in a unified transformation strategy.

(PRESS RELEASE) LONDON, 29-Apr-2026 — /EuropaWire/ — Ernst & Young LLP (EY US) has announced a strategic alliance with Rillet, aimed at redefining finance transformation by integrating artificial intelligence, automation, and risk management into a unified operating model. The collaboration is designed to help organizations modernize their finance functions while maintaining strong governance and control frameworks.

The alliance combines EY’s expertise in finance transformation, technology consulting, and risk management with Rillet’s AI-native enterprise resource planning platform, which is built around a real-time, general-ledger-first architecture. Together, the two organizations aim to support companies that have outgrown traditional mid-market ERP systems and are seeking more scalable and flexible financial operations.

A central focus of the partnership is embedding accounting intelligence and automation directly into core financial processes. This includes workflows such as journal entries, reconciliations, revenue recognition, financial close management, and reporting. By integrating these capabilities at the foundational level, the alliance seeks to streamline operations while improving accuracy, efficiency, and audit readiness.

The approach also emphasizes the integration of risk and controls from the outset, rather than treating them as separate components. By embedding control mechanisms within AI-driven processes, the model enables continuous monitoring and enhances compliance, helping organizations manage increasing regulatory complexity while maintaining operational resilience.

Michael Flynn, Alliance Leader at EY US, highlighted that finance leaders are facing growing demands for faster insights, improved efficiency, and stronger controls. He noted that the alliance addresses these challenges by incorporating risk management directly into the transformation process, enabling organizations to build finance functions that are both agile and robust.

Nic Kopp, CEO and Co-Founder of Rillet, emphasized that traditional finance transformation efforts have often struggled to integrate controls effectively. He explained that by designing AI directly into the accounting framework, the platform enables stronger, more consistent control environments that can better withstand audit scrutiny.

Through this collaboration, EY and Rillet aim to provide organizations with a more cohesive and future-ready finance operating model, combining advanced technology with governance and compliance capabilities to support long-term growth and adaptability.

About EY

EY is building a better working world by creating new value for clients, people, society and the planet while building trust in capital markets.

Enabled by data, AI and advanced technology, EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow.

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This news release has been issued by EYGM Limited, a member of the global EY organization that also does not provide any services to clients.

About Rillet

Rillet is the AI-native ERP built for high-growth and global companies. Rillet is the only accounting platform built on real-time architecture to enable real-time finance. While every other ERP bolted AI onto a batch-era foundation, Rillet rebuilt the general ledger from the ground up so books stay accurate at all times and AI agents act on live data with full audit trails. Rillet serves multi-entity and global businesses, from Series A to public companies. Rillet supports over 400 customers and is the only ERP with a 5.0-star rating on G2. Learn more at rillet.com.

Media Contact:

Barbara Dimajo
Assistant Director, Media Relations and Social Media Ecosystems, Ernst & Young LLP

SOURCE: Ernst & Young