Short answer: On August 26, 2026, QoEAgent issued a press release detailing its AI platform’s turnaround benchmarks: Proof of Cash in 24 hours and GAAP-formatted financial statements in 48 hours for lower-middle-market M&A due diligence engagements.
QoEAgent announced specific performance benchmarks for its automated quality of earnings workflow. The platform processes bank statements, general ledger exports, and supporting schedules to deliver a Proof of Cash reconciliation within one business day and full GAAP-structured financials within two.
Key details:
- Proof of Cash in 24 hours — bank-to-book reconciliation across multiple accounts, surfacing unexplained variances for human review.
- GAAP-formatted financials in 48 hours — normalized income statements and balance sheets structured for deal team analysis.
- The platform has processed 431 bank statements across 36 bank accounts spanning 44 sites, drawing on 29,823 individual line items.
- QoEAgent licenses AI research from the University of Colorado Boulder, developed under Dr. Tom Yeh, who serves as chief technology officer.