SoloTruth provides a platform that links real‑world inspection evidence to the workflows used for asset verification and audit compliance. Its VirtuSpect Inspection Management tool lets lenders, insurers, and operations teams capture structured field data, streamline review processes, and maintain a complete audit trail from assignment through resolution, ensuring asset registers stay accurate and auditable.
Funding
Funding not disclosed
Founders
Product
Problem
Asset registers in finance and audit teams often diverge from the physical reality of assets because inspections are performed in isolated silos and data is not linked to enterprise systems. This misalignment leads to audit failures, compliance risks, and costly reconciliation efforts.
Solution
SoloTruth offers an evidence‑based platform that captures structured field inspection data and ties it directly to governed workflows. The VirtuSpect Inspection Management module enables lenders, insurers, and operations teams to assign, collect, and review inspection evidence while maintaining a complete audit trail. The Asset Relationship Management layer reconciles this evidence with fixed‑asset registers, automatically updating ERP systems to reflect verified asset existence, location, and condition. By integrating real‑world proof into finance and audit processes, the platform reduces discrepancies, streamlines compliance, and provides continuous visibility into asset status.
Target Audience
Primary customers are lenders, insurers, and finance or audit teams within asset‑intensive enterprises that require accurate fixed‑asset verification and regulatory compliance.
Features
- Structured inspection capture with mobile‑ready forms and photo/video evidence
- End‑to‑end workflow orchestration that tracks assignments, reviews, and resolutions
- Immutable audit trail linking each piece of evidence to asset records
- Automated reconciliation engine that writes verified asset data directly into ERP systems
- Real‑time dashboards for finance and audit teams to monitor asset accuracy and compliance
- Role‑based access controls and governance policies to ensure data integrity and security