Audit Sight takes on new capital to eliminate all of the back and forth between auditors, companies

Audit Sight takes on new capital to eliminate all of the back and forth between auditors, companies

2 years ago
Anonymous $BH0TGXkyPe

https://techcrunch.com/2021/10/22/audit-sight-takes-on-new-capital-to-eliminate-all-of-the-back-and-forth-between-auditors-companies/

Financial statement audits are an essential part of doing business, but often are complex and can require documentation gathering, most times requiring email correspondence back and forth between the auditor and the company for files and information to complete the task.

T.C. Whittaker, co-founder and CEO of Audit Sight, says companies can spend millions of dollars per year on these audits, but the customer experience is lacking. He recalls doing audit work from a windowless room, punching numbers into a spreadsheet while he was working for PwC.