Frequently Asked Questions
General FAQs
What is AudTech Solutions?
AudTech Solutions Pvt Ltd is a software company that has some cloud-based platform that automates and digitizes the audit and accounting process for firms globally.
Who can use AudTech’s software?
It’s designed for audit and accounting firms, independent practitioners seeking efficiency and compliance.
Is the platform cloud-based or on-premise?
AudTech is fully cloud-based, allowing secure access anytime, anywhere.
Can I access AudTech from multiple locations or devices?
Yes, authorized users can securely access their audits from any device with an internet connection.
Does AudTech offer product demos?
Yes, you can schedule a personalized demo through our website to explore all features.
Audit Workflow Management (AWM)
What is the Audit Workflow Management module?
It’s a centralized platform that helps firms manage, track, and complete audits efficiently with built-in workflows.
Can multiple team members work on the same audit file?
Yes, AWM supports real-time collaboration for audit teams.
Does AWM support document management?
Yes, you can upload, organize, and store audit files securely within the system.
How does AWM ensure compliance?
The platform follows standard audit procedures, ensuring accuracy and adherence to professional standards.
Can AWM integrate with existing tools or data sources?
Yes, it can import client and trial balance data from Excel and other compatible sources.
Accounts Preparation (AP)
What does the Accounts Preparation
module do?
It automates the preparation of financial statements and schedules based on trial balance data.
Can it handle multiple entities or clients?
Yes, firms can manage multiple clients and financial years with ease.
s customization available for financial
formats?
Yes, you can customize reporting formats as per firm or regional requirements.
Does it support automatic lead schedules?
Yes, the system automatically generates lead schedules linked to the trial balance.
Can I export reports from the system?
Yes, all reports and financials can be exported in standard formats like Excel and PDF.
Sampling Tool
What is AudTech’s Sampling Tool used for?
It automates the selection of samples based on statistical or non-statistical methods for audit testing.
Can I define my own sampling parameters?
Yes, users can configure population size, confidence level, and sampling method as required.
Does it integrate with audit files?
Yes, the Sampling Tool links seamlessly with audit files and working papers.
Data Analytics
What is the Data Analytics module used for?
It helps auditors analyze financial data to identify patterns, trends, and anomalies efficiently.
Do I need technical skills to use it?
No, the module is user-friendly and designed for audit professionals without data science expertise.
Can analytics results be exported or shared?
Yes, visual summaries and reports can be exported securely for review or presentation.
Security & Support
How secure is my firm’s data on AudTech?
Your data is encrypted, stored on secure cloud servers, and accessible only to authorized users.
Does AudTech comply with data protection standards?
Yes, AudTech is SOC 2 certified and follows stringent data protection protocols to ensure the security and confidentiality of all client information.
What type of support does AudTech offer?
We provide onboarding assistance, training, and dedicated technical support via calls, email, and WhatsApp.
Is training provided for new users?
Yes, comprehensive onboarding and product training are available for new users to ensure a smooth start.
Can I get product updates automatically?
Yes, regular updates and enhancements are deployed automatically without interrupting your operations.
Frequently Asked Questions
General FAQs
What is AudTech Solutions?
AudTech Solutions Pvt Ltd is a software company that has some cloud-based platform that automates and digitizes the audit and accounting process for firms globally.
Who can use AudTech’s software?
It’s designed for audit and accounting firms, independent practitioners seeking efficiency and compliance.
Is the platform cloud-based or on-premise?
AudTech is fully cloud-based, allowing secure access anytime, anywhere.
Can I access AudTech from multiple locations or devices?
Yes, authorized users can securely access their audits from any device with an internet connection.
Does AudTech offer product demos?
Yes, you can schedule a personalized demo through our website to explore all features.
Audit Workflow Management (AWM)
What is the Audit Workflow Management module?
It’s a centralized platform that helps firms manage, track, and complete audits efficiently with built-in workflows.
Can multiple team members work on the same audit file?
Yes, AWM supports real-time collaboration for audit teams.
Does AWM support document management?
Yes, you can upload, organize, and store audit files securely within the system.
How does AWM ensure compliance?
The platform follows standard audit procedures, ensuring accuracy and adherence to professional standards.
Can AWM integrate with existing tools or data sources?
Yes, it can import client and trial balance data from Excel and other compatible sources.
Accounts Preparation (AP)
What does the Accounts Preparation
module do?
It automates the preparation of financial statements and schedules based on trial balance data.
Can it handle multiple entities or clients?
Yes, firms can manage multiple clients and financial years with ease.
Is customization available for financial
formats?
Yes, you can customize reporting formats as per firm or regional requirements.
Does it support automatic lead schedules?
Yes, the system automatically generates lead schedules linked to the trial balance.
Can I export reports from the system?
Yes, all reports and financials can be exported in standard formats like Excel and PDF.
Sampling Tool
What is AudTech’s Sampling Tool used for?
It automates the selection of samples based on statistical or non-statistical methods for audit testing.
Can I define my own sampling parameters?
Yes, users can configure population size, confidence level, and sampling method as required.
Does it integrate with audit files?
Yes, the Sampling Tool links seamlessly with audit files and working papers.
Data Analytics
What is the Data Analytics module used for?
It helps auditors analyze financial data to identify patterns, trends, and anomalies efficiently.
Do I need technical skills to use it?
No, the module is user-friendly and designed for audit professionals without data science expertise.
Can analytics results be exported or shared?
Yes, visual summaries and reports can be exported securely for review or presentation.
Security & Support
How secure is my firm’s data on AudTech?
Your data is encrypted, stored on secure cloud servers, and accessible only to authorized users.
Does AudTech comply with data protection standards?
Yes, AudTech is SOC 2 certified and follows stringent data protection protocols to ensure the security and confidentiality of all client information.
What type of support does AudTech offer?
We provide onboarding assistance, training, and dedicated technical support via calls, email, and WhatsApp.
Is training provided for new users?
Yes, comprehensive onboarding and product training are available for new users to ensure a smooth start.
Can I get product updates automatically?
Yes, regular updates and enhancements are deployed automatically without interrupting your operations.