Kira’s state-of-the-art machine learning technology automatically identifies and extracts information from contracts and comes with over 900 built-in provision models. If the review of a company’s documents requires the identification of additional or unusual information, Kira Quick Study can be used to identify virtually any desired clause. Use Kira’s workflow features to easily coordinate audit team members and track progress of the engagement, and export Excel summaries of the relevant information.
Certify Audits with Comfort and Confidence
Determining a sample set of documents for an audit review, and gaining an in-depth understanding of a company’s financial position from their contracts, is a time-consuming and inherently risky process. With limited time and resources, auditors have to balance their resource constraints with the audit risk of certifying a company’s financial statements.
Kira can quickly review large volumes of documents and highlight only the relevant audit data. Audit teams can complete the sampling phase of the audit more accurately and efficiently, and even review larger sample sets to gain a more accurate view of the company in the same amount of time. Once the review is complete, the team can export the results in a number of different formats, including Excel, to greatly improve the audit file storage process.