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What is Circit?

Circit is a centralized platform created to streamline the gathering of audit evidence and confirmations, aimed at improving the efficiency of audit and accounting firms, their clients, and evidence providers by automating and securing crucial aspects of the auditing process. By automating the creation and management of audit confirmation requests—including those pertaining to banks, legal issues, and funds—straight from source systems, it significantly reduces the time and manual labor involved, while also enhancing data precision and the overall quality of audits. The platform establishes connections between auditors and a variety of third-party providers such as banks, law firms, fund administrators, and custodians worldwide, offering real-time access to verified transaction-level information, a detailed audit trail, and collaborative tools that allow teams and clients to interact and resolve questions within the audit context, eliminating the reliance on email. Moreover, Circit amplifies the audit experience by providing all stakeholders with immediate access to relevant information, thereby promoting a more transparent and efficient auditing landscape. This innovative approach not only saves time but also ensures accountability, ultimately leading to a more reliable audit process.

What is Andera?

Andera represents a groundbreaking audit platform driven by artificial intelligence, aimed at enhancing the efficiency of control testing while significantly reducing the manual effort required for financial and compliance audits. Auditors can conveniently upload evidence in a variety of formats and receive ready-to-use workpapers that align with the standard formats their teams are accustomed to, as the platform efficiently handles control testing, evidence collection, exception management, documentation, and data analysis. Furthermore, it possesses the capability to analyze complete data sets, reconcile original source information, identify anomalies, document findings, and keep thorough audit records that outline the execution of each test. Andera is particularly proficient at managing chaotic and diverse data types, such as spreadsheets, PDFs, screenshots, emails, ERP exports, access tables, approval logs, policies, and historical audit documents, all without requiring any prior reorganization of the evidence. Unlike traditional robotic process automation workflows that often lack flexibility, Andera adapts seamlessly to variations in controls or evidence formats and eliminates the need for a specialized engineering team to maintain its automation processes. This adaptability empowers auditors to concentrate on their essential responsibilities, free from the complications that often accompany technical hurdles, ultimately leading to a more effective audit experience. As a result, Andera not only simplifies the auditing process but also fosters a more responsive and agile auditing environment.

Media

Media

Integrations Supported

Integrations Supported

GitHub
Jira
Microsoft Outlook
Microsoft SharePoint
NetSuite
Okta
Salesforce
ServiceNow

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
Online Training

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

Circit

Date Founded

2017

Company Location

Ireland

Company Website

www.circit.io

Company Facts

Organization Name

Andera

Date Founded

2024

Company Location

United States

Company Website

www.andera.ai/

Categories and Features

Financial Audit

Not specified

Categories and Features

Audit

Not specified

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