Torvia provides a human‑centered AI platform that automates core audit tasks such as risk assessment, evidence extraction, control testing, and reporting, while delivering fully traceable, explainable workpapers. The solution lets internal audit teams and compliance professionals configure AI agents to align with frameworks like SOX, SOC 1/2, and ITGC, expanding coverage and cutting cycle time without sacrificing audit transparency.
Funding
Funding not disclosed
Founders
Product
Problem
Internal audit teams often rely on manual, time‑consuming processes for risk assessment, control testing, and evidence collection, which limits coverage, introduces human error, and makes it difficult to maintain transparent audit trails for regulators and stakeholders.
Solution
Torvia delivers a human‑centered AI platform that automates key audit activities such as risk assessment, testing, monitoring, and reporting. Users configure AI agents to map their audit methodology and controls; the agents then extract and review evidence, perform tests, and generate draft workpapers with full traceability. The platform supports end‑to‑end compliance for frameworks like SOX (COSO), SOC 1/2, and IT General Controls, enabling auditors to expand coverage while reducing cycle time. Results are presented through an auditable interface that allows auditors to review, edit, and approve AI‑generated findings, ensuring transparency and accountability. Continuous monitoring and explainable outputs help maintain compliance readiness and improve overall audit productivity.
Target Audience
Primary customers are internal audit departments, CPA firms, and compliance teams that need to increase audit coverage, reduce manual effort, and maintain transparent, auditable documentation for regulatory standards.
Features
- Configurable AI agents that align with existing audit methodologies and control libraries
- Automated evidence extraction, control testing, and documentation generation
- Full audit trail with explainable AI decisions for regulatory compliance
- Support for SOX entity‑level controls, SOC 1 & SOC 2 readiness, and bundled ITGC suites
- Capability to perform full‑population testing across processes such as procure‑to‑pay, expense reimbursements, journal entry analysis, and IT operations
- Integrated review workflow where auditors can validate and edit AI‑generated workpapers before final reporting