Audit Sight provides a cloud‑based platform that automates the verification of accounting records by ingesting general ledger and bank statement data and running data‑driven tests such as proof of cash, journal entry analysis, and revenue‑to‑cash matching. The system generates GAAS‑compliant, Excel‑ready workpapers and standardized data books, eliminating manual data entry and reducing senior‑level labor for auditors, diligence teams, and private‑equity professionals.
Funding
$4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
HPFounders
Product
Problem
Auditors, diligence teams, and private equity professionals spend extensive time manually entering and reconciling accounting data, performing tests of details, and preparing workpapers, which reduces efficiency, increases error risk, and delays audit and deal timelines.
Solution
Audit Sight offers a cloud‑based platform that automates the verification of accounting records by ingesting general ledger data and bank statements, then performing data‑driven tests such as proof of cash, journal entry analysis, and revenue‑to‑cash matching. The system generates GAAS‑compliant, Excel‑ready workpapers and standardized data books, eliminating manual data wrangling and reducing senior‑level labor. Users can connect directly to client accounting systems or upload PDFs, and the platform produces documented results and certificates of approval for audit and due‑diligence engagements. The solution accelerates audit, diligence, and deal‑flow processes while improving consistency, coverage, and overall quality.
Target Audience
Primary customers are public accounting firms, audit and review teams, transaction advisory and due‑diligence providers, as well as private equity and venture capital firms that need to verify target accounting records.
Features
- Automated ingestion of general ledger files and bank statements, including PDF conversion
- Proof of cash analytics that reconcile revenue and expenses to actual bank activity
- Journal entry testing with completeness checks and unusual revenue detection
- Pre‑built financial statement analytics and flux analysis by account and period
- Universal confirmation module for large sample confirmations across AR and private equity
- Invoice‑to‑bank liquidation matching invoices to cash receipts automatically
- Generation of GAAS‑compliant, Excel‑ready workpapers and standardized data books
- Unlimited user access with dedicated CPA‑trained customer success support and 24‑hour onboarding