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Overall Satisfaction with MindBridge Ai Auditor
MindBridge AI Auditor supports our Audit department. Everyone in auditing uses the platform for risk assessment, audit sampling, and new audit client screening. The technology allows us to plan audits based on the actual risk in the general ledger. It pinpoints the area where we should focus our attention and allows us to tailor our strategy around those areas. In addition, it provides documentation for the risk assessment and overall audit plan. This, combined with our professional skepticism, helps us deliver a better audit based on the actual risk. It takes away the guessing game of random and haphazard sampling. With respect to new client screening, it helps us understand what the risk is and how to appropriately price the audit or determine whether we want to engage the client for auditing services.
Pros
- Works well with QuickBooks Online. Easy to link programs for quick analysis.
- Provides risk analysis that can be cross correlated with KPIs.
- Aligns the risk analysis with audit assertions.
- Easy to use, no huge learning curve.
- Great support staff for guidance or troubleshooting.
- Functional dashboard that is not just a picture; it has drill down capabilities.
- Customizable KPIs
Cons
- It needs to have a deliverable Risk Analysis report, something that can be exported to a PDF and delivered to clients.
- Accounts receivable and payable analysis needs to be able to handle tiered customers and vendors.
- Exporting to PDF should be a feature. Works great for Excel.
- Needs forecasting capability in order for us to use for review engagements.
- Needs the ability to compare client to industry ratings.
- In the past, we did not obtain a lot of new audits because we were not the cheapest. Since using this product, we have obtained clients because we use AI. Not because we lowered our price, but because we are using AI to target the risk at the transaction level and delivering better audits.
- I have passed the cost of this software to my clients, so there has been no impact on my bottom line.
Do you think MindBridge Platform delivers good value for the price?
Yes
Are you happy with MindBridge Platform's feature set?
Yes
Did MindBridge Platform live up to sales and marketing promises?
Yes
Did implementation of MindBridge Platform go as expected?
Yes
Would you buy MindBridge Platform again?
Yes
Comments
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