AuditFile

Founded in 2011 in San Francisco, US, AuditFile offers a secure cloud-based platform for auditors and accountants.AuditFile® provides a secure, cloud-based platform designed to enhance the efficiency of auditors and accountants by streamlining the processes involved in audits, reviews, compilations, and tax services. Its core offerings include integrated tools for methodology application, risk assessment, trial balance management, workpapers, and reporting, all accessible within a single platform. The software is built to address various challenges faced by CPA firms, such as adhering to professional standards and ensuring data security. AuditFile primarily serves small to medium-sized accounting firms, helping them comply with risk-based auditing requirements through features like the Advantage Audit™ program, which is tailored for specific industries.AuditFile operates on a subscription-based revenue model, where clients typically engage with the platform through various pricing plans that cater to different service needs. The structure of transactions often involves B2B interactions, where accounting firms purchase subscriptions to gain access to AuditFile’s suite of auditing tools. Customers can select from multiple service tiers based on their specific requirements for managing audits and compilations effectively. As a flagship offering, AuditFile® provides comprehensive features that enhance audit processes, including real-time dashboards and file management capabilities.00 mn to support its growth initiatives. The company is focused on enhancing its platform with upcoming product features designed to improve user experience in audit management. Additionally, AuditFile plans to expand its services into new markets, specifically targeting firms in Europe and Asia by 2025.

1. Seed

   Feb 1, 2013

   Amount

   Undisclosed

   Investors

   Locked