Data Connections: High-Level Overview 🚀

At Audit Sight, we simplify the audit process by offering secure connections to both banking and accounting data. Our integrations are designed to provide view-only, read-only access, ensuring the highest levels of security while allowing auditors to access critical client information effortlessly.

What Can Audit Sight Retrieve?

Audit Sight retrieves data directly from client systems, helping auditors verify key details efficiently. Depending on the connection type, we can pull:

• Banking Data:

  • Account holder information
  • Account balances
  • Transaction history (up to 24 months, depending on the bank)

• Accounting Data:

  • Journal entries
  • General ledger details
  • Invoice and payment records
  • Vendor and customer information

This comprehensive data allows you to perform audits with confidence and accuracy.

How It Works: High-Level Workflow

Watch our video overview to see the connection process in action:

Step 1: Send Connection Request

• Start by sending your client an email invitation to connect their banking or accounting system.

Step 2: Client Completes the Connection

• Clients log in using their credentials, select the accounts to connect, and authorize the data retrieval.

Step 3: Data Sync and Verification

• Once connected, Audit Sight retrieves and organizes the necessary data for audit verification.

Making It Easy for You and Your Clients

We understand that connecting to different systems can feel overwhelming. That’s why we’ve developed step-by-step guides tailored to simplify the connection process.

• Clear Instructions for Every Connection:
  • From banking systems to accounting platforms, our guides provide detailed, easy-to-follow instructions.
• Client-Focused Support:
  • Our resources are designed to ensure your clients understand the process and can complete their connection quickly.
• Time-Saving Tools:
  • Following our guides helps reduce setup time and ensures accurate data retrieval.

System-Specific Requirements Matter

Each banking or accounting system has unique requirements and limitations. To ensure a successful connection:

• Understand the Details:

  • Administrative access or specific credentials may be required.
  • Banking connections may depend on platform type (e.g., personal vs. business accounts) and additional security features like multi-factor authentication.

• Use Compatibility Tools:

  • Verify compatibility with tools like the Bank Connection Assessment Form.

• Plan Ahead:

  • Ensure your client connects early to retrieve complete data for the relevant period.

Best Practices for Successful Data Connections

1. Have a Conversation Before Sending the Link

   • Discuss the process with your client to set expectations, address hesitations, and confirm they have the necessary credentials.

2. Highlight Security and Benefits

   • Reassure clients that Audit Sight’s connections are view-only and cannot modify or move data.
   • Emphasize time savings and reduced manual effort.

3. Plan for Data Periods

   • Encourage clients to connect before the balance sheet date to ensure full access to data.

4. Address Potential Challenges

   • Be transparent about possible limitations, such as partial data availability for some banks or additional steps for advanced banking features.

Additional Resources

• Integration Guides for Auditors:
  Explore detailed guides for various data connections: Accounting and Banking Data Guides
• Client Connection Guides:
  Share these with your clients to guide them through the connection process: Client Connection Guides
• Support Team:
  For any questions or issues, contact us at support@auditsight.com.