Cortea leverages AI to automate audit processes, enhancing speed and accuracy while promoting greater transparency. Their platform streamlines workflows for auditors, reducing manual effort and improving overall audit quality.
Funding
$3.4M 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.
Founders
Product
Problem
Auditors face increasing pressure from labor shortages, growing regulatory complexity (such as DORA, NIS2, CSRD, and the AI Act), and reliance on manual processes, leading to high costs and potential inaccuracies. Traditional audit methods struggle to keep pace with the volume of data and evolving compliance requirements.
Solution
Cortea provides an AI-powered audit automation suite designed to streamline and accelerate IT audit processes. The platform automates tasks such as data requests, document analysis, and report generation, reducing manual effort by up to 50% while enhancing accuracy and transparency. Cortea's regulatory AI understands EU regulations and is optimized for IT audits, ensuring precise results and adherence to ISA/IDW standards. The solution offers end-to-end automation, from planning and document collection to fieldwork and report creation, enabling auditors to focus on strategic guidance and client insights.
Target Audience
Cortea targets audit firms, consultancies, financial institutions, compliance managers, and risk officers seeking to improve audit efficiency, reduce manual work, and ensure compliance with IT audit frameworks like DORA, C5, KRITIS, and ISO.
Features
- AI-driven automation of manual audit steps, including document requests and report generation
- Regulatory-aware AI optimized for IT audits and understanding of EU regulations
- Support for 22+ audit frameworks, with audit checks linked to specific regulatory texts
- Automatic file screening to identify missing information and streamline client communication
- Natural language document search for quick access to relevant content
- Out-of-the-box documentation with results linked to original document references and audit trails
- Exportable audit results in XLS, PDF, or Word formats, with API connectivity to Audit Management Systems
- Data security compliant with GDPR and WPO, with data stored in ISO 27001-certified data centers