Circit

Circit is built for one of the more painful parts of an audit: getting confirmations. The traditional process means posting letters to banks and counterparties and waiting weeks for replies that may or may not arrive. Circit replaces that with direct, verified responses through its own network.

An auditor sends a confirmation request through Circit, which routes it to the relevant bank or counterparty in a network spanning tens of thousands of institutions, and the verified response comes back with a full audit trail. Independent bank data verification adds a second layer, letting the auditor confirm balances and transactions directly rather than relying solely on client-provided statements.

A client collaboration workspace handles the document requests and back-and-forth that surround an engagement, keeping the evidence and the chase in one place.

Circit uses custom pricing quoted by sales, with no free trial. It is specialist audit software, adopted by firms from boutiques up to the largest global networks, and priced accordingly.

The thing to understand about fit is that Circit is for auditors, full stop. It connects to banks and counterparties, not to QuickBooks or Xero, because its job is verifying third-party balances, not keeping books. A bookkeeping or tax practice with no assurance work will get nothing from it; an audit firm doing confirmations at any scale will.