Validis is a cloud-based financial reporting and risk management solution designed for accountants and lenders. It offers auditing, dashboard and risk assessment within a suite.
Validis features automated data extraction, which pulls data from accounting systems. The extracted data is then run through algorithm-driven checks such as double entry and number formatting and converted into a standardized format.
With standardized data, the solution enables users to prepare multiple reports such as income statements, debtors activity reports, general ledgers, balance sheets and aged creditor reports. Users can also export these reports into Excel spreadsheets.
Validis also offers audit-based reporting which provides reports in audit-ready format. The solution also features ISO 27001 security and 256 AES data encryption standards for data extraction.
Ed from email@example.com
Simple, effective and improved efficiency. Thanks to this program we were able to automate this process and improve our data analysis.
Jim from Withum
Employees number: 1,001-5,000 employees
Validis totally changes the way we "do" audit! It is a game-changing technology that lets the auditor focus on the engagement and spend less time in organizing the underlying financial information.
Ease of Use
Not compatible with enough accounting systems