End-to-End Financial Auditing Software for Saudi
Cloud-based Audit Software for Accountants and CPA Firms. Data-driven automated procedures in addition to your manual audit processes.
Financial Auditing made Easy
FAS is an integrated data-driven platform which can pull data from accounting applications and utilize artificial intelligence and machine learning algorithms for financial analysis and can improve the efficiency and accuracy of auditing processes. By automating certain aspects of the auditing process, FAS can help reduce errors, increase productivity, and provide valuable insights into financial data.
With FAS, CPA firms and internal audit teams can streamline their audit, review, and compilation processes, allowing for more efficient and accurate work. FAS offers features such as document management, workflow management, risk assessment tools, and reporting capabilities, among others.
By leveraging AI, FAS is able to more accurately identify potential risks related to material misstatements due to fraud or errors. This allows for more thorough due diligence and ultimately leads to a more successful audit with reduced audit risk.
Automated deployment and monitoring of control activities can certainly help ensure the integrity of financial data and prevent fraud by providing real-time monitoring and alerts when suspicious activity is detected. It can also facilitate the assignment of accountability by tracking and documenting who performed certain actions within the financial system.
Networth helps businesses optimize their workflows, meet regulatory requirements, and make data-driven decisions. By using Networth, businesses can tailor their processes to fit their unique needs and ensure they are in compliance with relevant laws and regulations.
Networth AI-powered tool can help auditors identify anomalies or irregularities in financial data that might indicate fraud or other issues. This can analyze large volumes of data quickly and accurately, making it easier for auditors to identify potential risks and issues that need further investigation.
What sets us apart?
Seamless collaboration for an easier auditing process
Reduction in audit lead times
Increase in Audit Accuracy
Reduction in audit costs
As an AI-powered tool, Networth can broaden its sampling selection to encompass up to 100% of accessible transactions, leading to enhanced precision in audits.
Better Risk Coverage
Utilizing Data Analytics, Networth empowers auditors to swiftly identify high-risk transactions within a significantly broader range of data. This process takes mere minutes or hours, as opposed to the traditional timeframe of days or even weeks.
Networth allows auditors to offer supplementary viewpoints and analyses regarding their clients' financial performance and exposure to risks, empowering them to take proactive measures as necessary.
Networth provides auditors with enhanced visibility across complex organizational structures, enabling them to more effectively pinpoint outliers and anomalies. This empowers auditors to focus their efforts on areas with higher risk.
Networth's ability to enhance audit efficiency and elevate audit quality stands as a prominent distinguishing factor, bolstering the audit firm's reputation, dependability, and credibility.
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What Our Clients Say
I am really thankful to the entire team of Collatree for their great effort that delivers a great project. You made it awesome and its something beyond to our expectations. Thank you so much for your hard-work and sincerity !
Manager @ Arminy
BRIDGES LCS is good software with many optional features that really makes working easy for Logistic & Financial needs. Very convenient, Reliable and best part is the customer support and immediate assistance is very helpful for their customers.
Logistics Operations Manager @ Huta
Bridge LCS has automated almost all the work we did manually. With the integrated departments and digital approval concept, our work has been reduced up to 50%.
General Manager @ Atlas Ocean Ltd