for banks
API & AI-powered platform to transform audit requests
Consolidate 100% of auditor requests received via Circit, post, e-mail or fax, and manage everything in one easy-to-use platform for all customers and auditors globally.
TRUSTED BY BANKS ACROSS THE GLOBE
DANSKE BANK
"Onboarding the Circit platform has been an exciting opportunity to introduce a secure digital solution for dealing with business audit requests, creating efficiencies internally, which in turn allows colleagues to focus on other value adding activities for our customers.
The Circit solution also helps us remove our reliance on paper and postage which is another huge positive."
Paul Mcstay, partner danske bank
TRUSTED BY LEADING FIRMS
A single platform for all confirmation responses
Circit brings together everything needed to streamline and automate the audit response process in an integrated end-to-end platform.
Everything in One Place
Get all confirmation requests across all channels, including post, email, fax, and third party solutions, consolidated in one place.
Validated Auditor Network
Respond with confidence, with built-in validation processes
to verify requests are received only from registered auditors.
to verify requests are received only from registered auditors.
Streamlined Responses
Quickly action requests using centralised processes and streamlined workflows,
eliminating the need for manual and paper-based responses.
eliminating the need for manual and paper-based responses.
Remove 100% Postal Letters
Track all responses in the same way from day one. Manage ongoing follow-ups with secure messaging directly with auditors making the request.
Embedded Security & Audit Trail
Eliminate data security risks associated with manual and paper-based responses and manage the end-to-end request process with a regulated, secure, digital solution.
Everything in One Place
Get all confirmation requests across all channels, including post, email, fax, and third party solutions, consolidated in one place.
Validated Auditor Network
Respond with confidence, with built-in validation processes
to verify requests are received only from registered auditors.
to verify requests are received only from registered auditors.
Streamlined Responses
Quickly action requests using centralised processes and streamlined workflows,
eliminating the need for manual and paper-based responses.
eliminating the need for manual and paper-based responses.
Remove 100% Postal Letters
Track all responses in the same way from day one. Manage ongoing follow-ups with secure messaging directly with auditors making the request.
Embedded Security & Audit Trail
Eliminate data security risks associated with manual and paper-based responses and manage the end-to-end request process with a regulated, secure, digital solution.
DELIVERING REAL VALUE
Deliver better customer service and improve back-office efficiencies
Businesses rely on their banks for fast and accurate turnaround on audit confirmation requests but legacy processes and high volumes of requests hinder banks’ ability to execute effectively. Circit helps banks eliminate these headaches and deliver a better service to customer support teams with the latest technology and user experience.
Faster turnaround timelines for customers’ audit sign off
Reduced error rates and duplicate requests caused by manual processes
Improved experience with a fully digital solution
Over-whelming numbers of requests scattered
across multiple communication channels impacts productivity and efficiency. With Circit banks can reduce costs and gain efficiencies.
Eliminate time spent chasing and tracking requests across multiple channels
Streamlined workflows to cut out duplication, processing errors and re-work
Reduce workloads by removing manual follow-ups on exceptions
TRUSTED BY LEADING AUDIT FIRMS
Here is what our clients have to say:
‘’The Circit Platform has transformed this area of our audit engagements with clients and counter-parties. Confirming balances and arrangements directly with banks and solicitors is now a seamless process, all within one system’’
Gavin Smith
-
BDO
‘’The Circit Platform has transformed this area of our audit engagements with clients and counter-parties. CThe Circit Bank Confirmations platform has allowed us to move away from spreadsheet trackers and paper requests to one centralised database with digital requests. There is now a standardised approach to all requests and the whole process is now more efficient. Having made the switch in 2019, it has proven to be invaluable during the recent pandemic as clients have seen no interruption or change in the way we work with them through this part of the audit. The platform is very easy to use and even some of our most technology cautious clients have found authorising requests to be straightforward and quick to complete.
onfirming balances and arrangements directly with banks and solicitors is now a seamless process, all within one system’’
onfirming balances and arrangements directly with banks and solicitors is now a seamless process, all within one system’’
John Brand
-
Director of Audit & Assurance
Managing the relationship with our auditors across multiple entities can be a major administrative burden. Circit has completely streamlined many of the most painful processes, and it is simple for my team to use.
Sam Sengupta
-
Director of Operations for UK & Ireland
Circit has enabled us to transform the audit confirmation process right across our business. Simple and easy to use it gives us a central location from which we can manage all requests to all providers for all our clients. For us it is significantly improving request turnaround times, automating the client authorization process and providing us with the independent audit evidence needed.
Angela Chorlton
-
Associate Director
The Circit Platform has transformed this area of our audit engagements with clients and counter-parties. Confirming balances and arrangements directly with banks and solicitors is now a seamless process, all within one system
Kevin Foley Partner
-
Audit and Assurance
AIB continues to look for ways to make our customers’ lives easier through digital transformation. We’re proud to work with Circit to enable our business customers to securely authorise audit confirmation requests. Through the time and paper savings that this will create, we’re delighted to provide a more sustainable and efficient way of processing of audits for our customers.”
Peter Vance
-
Head of Customer Services
"We’re using the Circit platform for all our requests now, and I’m really pleased with how it's working out – the ability to get electronic authorities has been particularly useful given the current circumstances and I love having everything in one place."
Samantha Day
-
Audit Manager
“Given the highly confidential nature of the industry, reliance on Circit was an excellent investment and it provides us with a competitive edge in the market of audit services.”
Vladimir Kolmakov
-
Managing Partner
TRUSTED BY LEADING FIRMS
Streamline your confirmation responses with a fully digital solution
Circit transforms the confirmation response process with a secure,
user-friendly solution. Here’s how it works:
Secure web-based access
See at a glance all requests, from every channel in a user-friendly dashboard.
Assign and automate
Review requests and allocate to team members to upload and digitally sign. Use Circit’s API and AI data extraction to fully automate the process.
Review and complete
Return directly to the auditor who sent the request with a simple click of a button.Ensure quality control and turnaround times are improved across the bank.
Monitor and manage exceptions
In-app messaging allows for the fast resolution of exceptions. Management reports provide real-time data for continuous improvement.
See at a glance all requests, from every channel in a user-friendly dashboard.
Review requests and allocate to team members to upload and digitally sign. Use Circit’s API and AI data extraction to fully automate the process.
Return directly to the auditor who sent the request with a simple click of a button.Ensure quality control and turnaround times are improved across the bank.
In-app messaging allows for the fast resolution of exceptions. Management reports provide real-time data for continuous improvement.
CIRCIT CONNECT
Developer
Friendly APIs
BESPOKE INTEGRATIONS
Using Circit's developer portal, APIs and modern webhooks means you can leverage the latest technologies without the risk and cost of maintenance.
Download Technical Data Sheet
SECURITY
Security &
Compliance at the Core
INTERNATIONAL STANDARDS
Circit's platform meets the highest international security certification standards to help your firm reduce compliance costs and keep client data in a more secure environment.
Read more
IDEPENDENTLY REGULATED AND CERTIFIED
INDUSTRY ACCREDITED
