Best Audit Software for Accountants

Every accountant knows the stress of an audit, whether it’s internal or external. Long-forgotten documentation suddenly needs to be resurfaced and cross-checked, datasets reviewed, and the list goes on. Manual status reports and tasking check-ins can cost 8-10 hours per week just for those doing the high-level oversight, not to mention downchain management. When audit tasks are built on manual workflows, time sink occurs and problems only escalate. 

Enter AI-powered automation. Now, audit preparation happens at every step of the workflow. With AI audit software, many steps that previously required manual input can be automated, reducing time spent on preparation and errors in the workflow. Efficient day-to-day tasking optimized through the use of AI means leaders can spend more time focusing on critical trends and issues and making decisions to improve future revenue. 

Here we’ll explore the best audit software options on the market to help you prepare for your next audit.

What is Audit Software?

Audit software is a digital tool used by accountants and auditors to plan, perform, and document audits more efficiently. It reduces manual work and improves accuracy by automating many of the standard needs in accounting, like analyzing financial data, testing controls, and ensuring compliance with accounting standards and regulations.

Audit software often includes automation, data analytics, and AI-powered features that can scan large datasets, identify anomalies, and flag potential risks. These platforms also centralize audit workpapers, support collaboration among teams, maintain secure audit trails, and generate standardized reports. Together, these tools make audits more consistent, transparent, and scalable across organizations of all sizes.

Best Audit Software

Finding the right audit software for your company means understanding the differences between the options on the market in terms of automation, pricing, and scalability. Here’s a list of the best audit software options available.

1. Trullion

Trullion is the AI-powered accounting platform that automates financial workflows for accounting and audit teams. Simplify reviews, streamline audit processes, and handle all aspects of lease accounting in one platform. Designed to eliminate silos and improve accuracy, Trullion’s single, unified software frees up time and reduces the stress of compliance, risk, and audit management. 

Best for: Accounting, audit, and advisory teams

Features: 

• Streamline audit workflows to reduce errors from manual tasking 
• Eliminate silos and centralize tasking with real-time collaboration and permissions management
• Execute testing and validation directly within the system
• Automate vouching and tracing with AI
• Get clear answers about documents and citations with help from Trulli, the platform’s AI agent

Pricing: Custom quotes for their subscription-based pricing model are available on request

2. Thomson Reuters Checkpoint Tools

Thomson Reuters Checkpoint Tools provides practice aids for accounting, audit, and tax professionals designed to improve workflows for audit professionals. Tools like practice aids, checklists, and reporting assistance help support client engagement needs. 

Best for: Accounting, audit, and tax professionals

Features: 

• Practical tools and guidance support audit and tax preparation
• Practice aids provide opportunities for ongoing learning
• Checklists help prepare for audits
• Government-specific advice is available for professionals in those industries

Pricing: Enterprise level and customized for the needs of each client

3. Inflo

Inflo’s scalable, AI-powered platform supports automated workflows across teams to reduce the risk of manual errors. Real-time data analytics provide insights to help you make decisions quickly. End-to-end encryption, intrusion detection, and performance tracking are included with this software.

Best for: Audit professionals

Features: 

• AI-powered automation supports efficiency
• Interactive visuals enable clear data viewing
• Integration with other systems ensures accurate data extraction
• Full-population testing provides visibility into all elements

Pricing: Scalable depending on size

4. Diligent One

Diligent One’s platform brings AI-powered GRC applications together for risk analysis. AI-driven insights support accurate and up-to-date compliance, along with real-time analytics. Complete board-ready reports and updates with automated templates. Key risks can be identified and communicated across teams with this platform.

Best for: Supporting board and leadership needs and handling GRC activities

Features: 

• Use AI-powered automation to reduce time spent on tasks like evidence collection
• Customize dashboards with data insights and interactive visuals
• Leverage templates to produce leadership-ready reports
• Test using natural language queries to detect anomalies

Pricing: Available on request

5. Onspring

Onspring’s cloud-based platform streamlines processes by providing a single platform to address GRC needs flexibly while reducing complexity. GovCloud GRC will support government-specific needs and efficiency. Their AI-powered support is optional and available at an additional cost. 

Best for: GRC accounting

Features: 

• Choose optional AI support based on preferred level of assistance
• Automate processes, workflows, and signoffs to streamline production
• Map entities to programs and functions to simplify management
• Gain real-time visibility into status and remediation efforts

Pricing: Scalable to your budget and size with additional features available as add-ons 

6. ASD Audit

ASD’s platform is designed to improve efficiency with their adaptable automated processes. Their cloud-based platform enables work across teams and lets you view data in real-time.

Best for: Financial auditors

Features: 

• Access the cloud-based platform from browsers and mobile devices
• Use automation to support statement analysis and reduce manual tasking
• Organize and analyze data more effectively
• Prepare automated audit reports for on-demand access

Pricing: Available on request

7. AuditBoard

AuditBoard’s AI-enabled platform is designed to reduce risk and improve efficiency. It allows users to review analytics and streamline workflows while reducing the risk of errors that come from manual interventions. Their connected risk platform brings together audit, risk, and compliance silos under one tool. 

Best for: GRC activities, internal audit

Features: 

• Leverage industry-trained AI for real-time insights, automation, and report production
• Access on-demand webinars for post-purchase training
• Use no-code analytics to generate data insights for testing and decision-making
• Consolidate systems and teams into one unified platform

Pricing: Quotes available on request

8. MindBridge AI

MindBridge offers automated known error detection, continuous monitoring, and an AI-powered model to improve insights. Designed to reduce risk and integrate systems, MindBridge can support decision-making with real-time analytics and an in-depth view of critical system information. This platform limits its focus to insight and financial decision intelligence to improve risk management.

Best for: Financial decision intelligence

Features: 

• Use unsupervised machine learning to deliver real-time data assessments
• Gain risk insights from centralized data
• Integrate seamlessly with your existing technology stack
• Apply continuous monitoring to identify opportunities and detect risks

Pricing: Information available on request

9. SAP Audit Management

SAP Audit Management automates processes to reduce audit cycle time and reduce the cost of report generation. With mobile integration, you can access the platform and workflows from anywhere. Real-time audit analytics provide insight for decision-making.

Best for: Audit management and those with RISE with SAP or SAP ERP

Features: 

• Support collaboration across teams and with clients through a user-friendly interface
• Optimize staffing and other resources
• Integrate with other SAP software
• Automate internal audit procedures to reduce manual errors

Pricing: Pricing by user and contract term, more details available on request

10. Intelex

Intelex focuses on the EHSQ space with options for safety documentation, risk insights, and compliance. Audit support is less of a focus, though many of the review tools and data can be used to prepare for an audit. 

Best for: EHSQ and sustainability management

Features: 

• Automate compliance updates as rules change
• Reduce manual workflows through automated tasking
• Use an AI-enhanced platform to generate data insights
• Access on-demand webinars for ongoing support
• Leverage an ESHQ specialty platform designed for this field

Pricing: Customizable pricing, with a basic option for $49/user/month with a 25 user minimum

11. DataSnipper

DataSnipper can help you prepare for both internal and external audits with AI-powered insights and automation. This software reduces the risk for error associated with repetitive manual tasks and provides real-time insights and improved workflow efficiency. AI agents handle the menial labor with human-led oversight, freeing up time for focus on the most important elements of the process.

Best for: Audit teams working exclusively in spreadsheets

Features: 

• Use AI agents to perform repetitive tasks
• Automate cross-referencing and extraction for SOX control testing
• Document supporting evidence for Tests of Control in Excel
• Create audit reports in Excel
• Manage grant document reviews

Pricing: Multiple subscription options and add-on modules available

Why accountants need audit software: The benefits of AI automation

AI-powered audit software helps accountants manage growing data volumes, tighter deadlines, and evolving compliance requirements. By automating manual tasks and improving visibility across financial data, audit tools enable faster, more accurate, and more defensible audits.

Easy investigation and evidence gathering

Audit software centralizes documents, transactions, and supporting evidence in one platform. This consolidation makes it easier to trace issues and validate findings. AI automation can identify anomalies, automatically connect source data, and reduce time spent searching for documentation.

Private, secure audit files

Modern audit platforms use encrypted storage, role-based access controls, and secure cloud infrastructure to protect sensitive financial data. This keeps audit files secure while allowing collaboration between team members with appropriate access levels.

Clear insight into data

AI-driven analytics help you quickly identify trends, outliers, and potential risks within large datasets. Dashboards and visual reporting tools provide real-time visibility into financial performance and control effectiveness.

Reduced errors

Automation minimizes manual data entry and repetitive calculations, lowering the risk of human error. Built-in validation rules and consistency checks further improve accuracy and reliability across audit workpapers.

Faster audit processes

By automating routine tasks like sampling, reconciliation, and reporting, audit software significantly reduces audit cycle times. Accountants can complete audits more efficiently while freeing up time for higher-level analysis and advisory work.

Key audit software features

Audit software includes a range of tools designed to streamline audit workflows, improve accuracy, and support regulatory compliance. The following features help teams manage audits efficiently throughout the process:

• Templates and forms: Prebuilt and customizable templates standardize audit procedures, checklists, and workpapers, helping teams maintain consistency and reduce task time.

• Reporting: Automated reporting tools generate clear, professional audit reports with supporting documentation, making it easier to share findings.

• Analytics: Advanced data analytics identify trends, anomalies, and high-risk transactions within large datasets, giving teams deeper insights.

• Activity dashboard: Centralized dashboards offer up-to-the-minute visibility into progress, task assignments, and outstanding list items, improving accountability and collaboration.

• Compliance: Built-in compliance features help firms stay current with changing requirements and maintain defensible audit trails.

• Risk management: Risk assessment tools help prioritize audit areas and focus resources on high-impact risks.

• Alerts and notifications: Automated alerts notify users of deadlines or unusual activity, making sure issues are addressed quickly.

• AI capabilities: AI automates routine audit tasks and enables agentic workflows that execute multi-step procedures, identify risks, and surface insights with minimal manual effort.

Streamline audit season with the Trullion audit software

As audit demands become more complex, choosing the right audit software is essential and comes with a strategic advantage. AI-powered platforms give accountants the accuracy, visibility, and efficiency needed to deliver quality audits while meeting compliance expectations with confidence. By adopting modern audit tools, firms can reduce risk, improve collaboration, and find more time for higher-level work that drives real value for clients.

If you’re looking to minimize the capacity restraints of traditional, manual audits, Trullion’s AI-powered automation tools can help. Spend less time gathering data and more time analyzing with data extraction and get help from Trulli, Trullion’s agentic assistant, to accelerate audit procedures. At its core, Trullion unifies audit and finance workflows into a single foundation—so data, documentation, and judgment move together, not in silos.

Reduce the stress of audits and streamline your workflows with Trullion.

Audit software FAQs

What are some common mistakes when using audit software?

Common mistakes include failing to configure the software properly, relying too heavily on automation without professional human-in-the-loop oversight, using incomplete or inaccurate data, and not training staff appropriately. Maintaining appropriate and organized documentation is also important, and can be an area of difficulty for some users.

What is audit software used for in accounting?

Audit software is used to analyze financial data, test controls, identify discrepancies, and support compliance with accounting standards and regulations. It helps accountants streamline reviews, improve accuracy, and maintain detailed audit trails for internal and external reporting.

How is audit software different for accountants vs. auditors?

Audit software for accountants often focuses on internal controls, compliance checks, and financial statement preparation, while software for auditors focuses on risk assessment, sampling, evidence collection, and audit documentation. Auditor-specific tools typically include more advanced testing, reporting, and collaboration features.

What is the most popular audit software?

Trullion is an AI-powered audit software designed to automate and streamline workflows to improve audit readiness. It supports compliance with various standards and easy data validation and reconciliation. 

Audit teams benefit from error reduction and streamlined workflows, along with real-time views of critical data. These automations and increased visibility help prepare for internal and external audits and ensure compliance standards are met.