News

Redefining Confirmations: Circit Adds Direct Bank Connections to its U.S. Network

Audit evidence standards are shifting fast, and the profession is moving toward direct, source-verified data as the new benchmark for trust and reliability in external confirmations.  

Circit is meeting that shift head-on with the addition of direct bank connectivity to its U.S. Network. Now, all confirmation types: bank, neo bank, private equity assets, crypto, and AR/AP, are connected on a single platform, completing the independent evidence layer with source-verified bank data.

Why this matters

For the first time, every confirmation an audit team needs sits within one platform, providing the external evidence layer for a data-driven audit. No mail merges. No spreadsheets. No piecing audit evidence together on disconnected systems.  

"U.S. bank connectivity is a core systems upgrade for the audit profession. For the first time, every confirmation and bank transaction can be verified independently at source. That's the foundation the next generation of AI-powered audit tools will be built on. We're not just closing an evidence quality gap, we're giving auditors data they can trust, at a scale the corporate market demands."  David Heath

What's next

This is a new phase for Circit’s U.S. Network. Bank partnerships will support the next generation of trusted financial audit products for corporates and their auditors.

Read more here.