Cc Autograph Confirmation with airSlate SignNow

Cc autograph confirmation

The audit confirmation process has been around as old as auditing, and the challenge I suppose with manual process of course is that it is manual in a world that relies on real-time responses. One of the big frustrations for European auditors is that obtaining such a key part of the audit evidence is really challenging and time-consuming because it's so fragmented. So the issues that the banks are facing in the paper-based confirmation process was, one inefficiencies and lack of management, and control over the paper confirmation process, as well as the susceptibility of the banks to fraud. So the need for Confirmation.com came out of my work with Ernst & Young and then with Price Waterhouse Coopers, and I saw that in the mid-90s that the industry was changing from 'paper' work-files to 'electronic' work-files, and there was a real need in the marketplace for a clearinghouse service to facilitate electronic confirmations. Electronic confirmations is a much better way of controlling the whole process. You're able to track the confirmations from beginning to end. It's a much more secure way of doing things. It's coming through from one validated party, all the way through to another validated party, and it just enhances and improves the process entirely. The thing that makes Confirmation.com really unique is that it is a global network of thousands of participating organizations which is unrivaled by any of its kind in the world. The benefits of Confirmation.com are not only the accuracy and timeliness of the information, but also the assurance that the requestor and the responder are validated. So it's that one platform where you can get all your audit confirmations, whether you're looking for an audit confirmation from a bank in the Asia-Pacific region, a bank in the U.S., a bank in the UK, or anywhere around the world. It's that one platform where you can get your audit confirmations. What Confirmation.com does is it brings banks and other responders into one place, so auditors can go to one portal and request any type of audit confirmation making the process incredibly fast, secure, and very efficient. In a recent survey we performed, we found that 40% of auditors have had to delay signing an audit opinion because they are waiting on an audit confirmation to come back. Using Confirmation.com actually prevents those kinds of delays from ever happening again. The feedback we get from stakeholders, both banks and auditors and also customers of banks, has been overwhelmingly positive. In many ways they say, "This just makes common sense." Not only does Confirmation.com want to continue its expansion on a global basis, but we want to continue to add products and services so that auditors look at Confirmation.com as a place to go for any type of confirmation they want to request. With over a hundred countries using Confirmation.com today, our vision for the service, is that we truly become the one global platform for audit confirmations, where we can do every type...