Bank confirmation process is slow and manual, requiring sending requests, chasing non-responses, documenting returns into workpapers, and reconciling discrepancies.

Workarounds Described

• manually sending confirmation requests
• chasing non-responses manually
• documenting bank returns into workpapers manually

Implied Software Gaps

• Automated confirmation request dispatch and tracking
• Intelligent follow-up and escalation for non-responsive banks
• Seamless mapping of confirmation returns to audit workpapers

ConfirmFlow Audit

Automated bank confirmation platform that integrates with audit workpapers. Sends requests, auto-chases non-responses, and maps returns to population with discrepancy matching, reducing cycle from weeks to days.