Investment of $300 Million in Automation and acquisition of TimeCredit AI by Aprio announced.
In a bid to revolutionise the professional services industry, Aprio, a leading U.S. business advisory and accounting firm, has announced a five-year, $300 million investment in Artificial Intelligence (AI) and automation. This investment is aimed at transforming Aprio into an AI-powered firm, delivering smarter, faster, and more valuable services across audit, tax, legal, and advisory practices.
The investment plan, guided by Aprio’s AI Council - a cross-functional leadership group that aligns technology deployment with business strategy and client needs - adopts a three-pronged approach. This includes acquiring proven AI technologies and talent, deploying trusted AI platforms from various vendors, and developing proprietary tools and integrations in strategic areas.
One such acquisition is TimeCredit, an AI-enabled accounting automation platform. The platform, which originated from the 2024 AICPA and CPA.com Startup Accelerator program, enhances accuracy and speed in accounting workflows, particularly in audit, tax, reporting, and advisory services. With the acquisition, three key TimeCredit team members, including CEO and co-founder Ndonga Sagnia, have joined Aprio. Sagnia now serves as Senior Director of AI Transformation, playing a pivotal role in advancing Aprio’s AI strategy and driving innovation throughout the firm.
Ndonga Sagnia expressed his excitement about combining TimeCredit's advanced technology with Aprio’s domain expertise to create smarter solutions for clients and professionals. Brent McDaniel, Chief Digital Officer of Aprio, believes that integrating intelligent automation into their workflows will build a more agile, responsive organisation.
Aprio's AI strategy is committed to developing intelligent solutions that meet market demands, grow with clients, and empower professionals. The AI ecosystem incorporates tools for document drafting, legal content analysis, research automation, summarisation, and workflow streamlining, targeting improvements in client and team experiences.
According to Brent McDaniel, Aprio's AI ecosystem is designed to scale with their goals, helping them stay ahead of client needs while empowering their people to do their best, most impactful work. The integration of TimeCredit's platform into Aprio’s AI ecosystem is expected to enhance the firm's ability to improve accuracy, reduce turnaround times, and enable higher-value work.
The transformation will be guided by Aprio's AI Council, ensuring that technology investments align with business needs. Beyond technology, Aprio invests significantly in educating and empowering its team members to adopt and scale their AI-related skills, aiming to become a leader in innovation within professional services.
Richard Kopelman, CEO of Aprio, stated that the $300 million investment is about more than just adopting new tools; it’s about fundamentally reimagining how they work. The investment and acquisition by Aprio are aimed at reshaping the future of professional services, as stated by Richard Kopelman.
In summary, Aprio's investment and acquisition of TimeCredit mark significant steps in its journey towards becoming an AI-powered firm. The investment and acquisition are aimed at improving accuracy, reducing turnaround times, and enabling higher-value work within Aprio, reshaping the future of professional services.
[1] Aprio Press Release, 2025 [2] McDaniel, B., 2025, Personal Interview [3] Sagnia, N., 2025, Personal Interview
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