Audit Applications automates your accounts receivable / payable audit confirmation process. Emails and reminders are automatically sent out to your customers' debtors and responses are automatically registered and recorded in our intuitive reporting dashboard. Reduce fraud, save time and save money by using our advanced audit confirmation system.
This software is used by accounting firms who make use of audit confirmations as part of their audit process for their customers. The audit customer provides their accountant with an Excel document with all accounts receivables including the customers' contact information. This Excel document is uploaded into Audit Applications' audit confirmation system and the accounts receivable confirmations are automatically created, sent and answers are registered. In case there are some recipients who have not responded to the audit confirmation, Audit Applications will send out an automatic reminder.
Accountants are then able to review all answers and validate the debtor responses. Once all responses have been validated, the report can be approved, locked and printed as documentation for the audit.
All emails and reminders are fully customizable and you can create an unlimited amount of templates with multiple languages. Audit Applications also supports multiple currencies in the audit confirmations and will automatically convert the amount to your local currency. If desired, you can also have attach an account statement to each of the audit confirmations.
- Audit Confirmations
- Accounts Receivable Confirmations
- Accounts Receivable System
- Audit Confirmation Process
- Advanced Reporting
- Automatic Reminders
- Attach Invoices