AI auditor, enhance your auditing

How an AI auditor works and can help enhance your auditing ability

Improve your auditing with an AI Auditor

As auditors, we assess whether transactions are correct in all material respects and meet our audit objectives.

I have found that we are often better equipped to assess the complex transactions, than the ordinary day to day transactions. The volume of day to day transactions is so much that we battle to get grip of them, making us rely on analytics and control tests.

Analytics and control tests are great, but you are not working with the detailed transactions. You audit on a high level principle.

Having an AI auditor assistance can cover many of these gaps. An AI auditor can work through each and every transaction and measure it against a rule or a set of rules and highlight potential issues or incorrect transactions.

We have now added an AI auditor in MyVAT to assist tax auditors, consultants and specialists to deal with the day to day transactions through automation, giving you more time to review the complex transactions which AI cannot do.

MyVAT integrates into the transaction database (PSQL) of Pastel Partner, Pastel Xpress and Sage 50Cloud.