Insights
Confirmation: The Leader in Audit Confirmations in Australasia
13 Apr 2023 - 3 minutes read
By Jason Diack, Account Manager, Confirmation
As the world continues to move towards digitalization, more audit firms are seeking streamlined, secure, and cost-effective solutions for audit confirmations. In Australasia, Confirmation is the go-to platform for all the top firms, delivering unparalleled solutions to meet their needs.
At Confirmation, we offer auditors and bankers a platform that validates data and identifies fraud, providing an end-to-end digital solution that is fast, efficient, and secure.
Here’s what sets us apart as the leader in audit confirmations in Australasia:
Largest Global Validated Network
We have the largest global validated bank network in the industry, with more than 4,000 top financial institutions around the world, including a strong bank network in Australasia. Our internal controls and procedures ensure that our users are genuine, and we provide a one-stop-shop experience for our clients.
Dedicated Account Managers and 24/5 Global Customer Support
Confirmation is easy to use, but we do have dedicated account managers based in Australasia and 24/5 global customer support if you ever need a little help.
Guaranteed Response
Within our network of banks, we guarantee a response with automated follow-up on the auditor's behalf-many auditors get confirmation responses in days instead of weeks. Our platform also supports more than 100 confirmation types.
Trusted Solution
Our platform is trusted by more than 16,000 firms, including the Big 4, making us the global leader in the industry.
API Integrations
We offer API integrations that result in improved response times, reduced errors, and saved staff time for both audit firms and banks.
Legislative and Regulatory Changes
Our validation sets us apart and demonstrates our capability to help mitigate fraud, addressing legislative and regulatory updates such as the ISQM changes.
Strong Fraud Detection
Confirmation was built to prevent and detect fraud. Here are a few of the frauds we’ve helped uncover.
Open Banking
Our Open Banking solution compliments traditional confirmation services as a valuable and cost-effective add-on on in regions where open banking regulations are in place. Open Banking provides a holistic and accurate view of a client's account balance and underlying transactional data for examination, testing, and validation of their financial status.
As businesses continue to face the challenges of the digital age, Confirmation provides the best-in-class solution for audit confirmations in Australia. With our platform, audit firms and banks can be confident that their clients’ data is secure and their confirmation process is streamlined and efficient. Contact us today to learn more about our solutions and how we can help you succeed.