Circit
Circit helps audit firms perform higher quality audit engagements, collaborate with clients, and instantly verify assets at source.
📝 What is Circit?
"Circit is a platform designed to streamline the audit process by automating confirmations and enhancing collaboration between auditors and clients. It focuses on improving audit quality and efficiency through technology."
🔑 Key Features
Automated Confirmation Requests
Circit automates the process of sending and receiving audit confirmations, saving time and reducing errors.
Client Collaboration Tools
The platform provides tools for auditors and clients to collaborate efficiently, improving communication and transparency.
Real-time Data Verification
Circit allows auditors to verify financial data directly from source providers, enhancing the accuracy of audits.
e-Signing Capabilities
The platform includes e-signing features for documents, ensuring compliance and speeding up the signing process.
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Verify This Page🤖 AI Capabilities
Overview
Circit leverages AI to enhance data verification and improve user experience.
Capabilities
- Data analysis
- Automated insights
- User behavior tracking
AI Models
Data Verification Model
Machine Learning
Analyzes and verifies financial data from various sources.
User Engagement Model
Predictive Analytics
Predicts user behavior to enhance the platform's features.
💰 Pricing and Plans
Pricing Overview
Circit does not publicly list pricing plans on their website.
🔒 Security and Compliance
Security Overview
Circit prioritizes security and compliance with industry standards.
Security Measures
- Data encryption
- Regular security audits
- GDPR compliance
Certifications & Compliance
📊 Additional Information
Competitive Advantage
Circit stands out in the market due to its focus on automation and integration with financial institutions.
- First regulated audit-tech under PSD2
- Direct integrations with banks
- Comprehensive audit confirmation solutions
Future Developments
Circit plans to enhance its features based on user feedback and industry trends.
- Enhanced AI capabilities
- More integrations with financial institutions
- Improved user interface
Update frequency: monthly
Integration and Deployment
Circit integrates with various financial institutions and audit tools to streamline the audit process.
Integrations:
- Banks
- Law Firms
- Fund Providers
Deployment Type: cloud-based
User Interface
Circit's interface is intuitive and user-friendly, allowing auditors to navigate easily through the platform.
Support and Resources
Circit offers various support options for users.
Support Types:
- Email support
- Live chat
- Knowledge base
Training Resources:
- Webinars
- Tutorials
🌐 Links
🏆 Awards and Recognition
Best Audit Technology
Awarded for innovation in audit technology.
🎉 Success Stories and Testimonials
Customer Feedback
Circit has received positive feedback from various clients in the audit industry.
"Our teams saved up to 4 hours per client, and turnaround times on confirmations are down 80%."
BDO
"The new procedure has generated a qualitative and quantitative change due to both internal improvements and the delivery system through the Circit platform."
Bankinter
Notable Customers
📊 Case Studies
Transforming Audit Confirmations
Industry: Audit
Challenge:
Inefficient manual processes for audit confirmations.
Solution:
Implemented Circit to automate the confirmation process.
Results:
Reduced turnaround time by 80% and improved accuracy.
Unverified Page
This page has not yet been verified by the software vendor. The information presented here may not be fully accurate or up-to-date.
Are you the vendor of Circit? Verify this page to ensure all data is accurate and up-to-date.
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