Capital Confirmation, Inc., the creator and leading provider of secure audit confirmation services, announced today that its online audit confirmation solution, Confirmation.com, has won first place in The CPA Technology Advisor Readers’ Choice Award for Best Audit/Engagement Tools.
"Our annual Readers’ Choice Awards continue to show a trend toward the adoption of workflow optimization systems and other technology tools that help firms and small businesses run leaner and more profitably,” said Isaac O’Bannon, senior technology editor of The CPA Technology Advisor. "This is valuable information because it helps spotlight those technology companies who are keeping their users excited about their products.”
Confirmation.com streamlines the manual tasks associated with audit confirmations, saving the auditor valuable time compared to the traditional paper and mail processes. This paperless solution offers a variety of tools to improve audit efficiency including a collaboration tool that allows confirmations to be viewed and shared easily among an audit team. An auditor can even roll forward confirmation data from year to year and make modifications as needed. It also offers a Future Dated feature that allows auditors to queue electronic confirmations to release on a future date.
"The accounting profession continues to embrace technology as a way to bring greater efficiencies to their organization,” said Brian Fox, founder and chief marketing officer of Capital Confirmation, Inc. "To see the accounting profession not only welcome online audit confirmations, but to make them the preferred method for confirming client accounts has been truly exciting. We are honored to have Confirmation.com voted as the best Audit/Engagement Tool.”
During October and early November, The CPA Technology Advisor asked its 40,000+ magazine readers and online subscribers to vote for their favorite programs and other technology tools from a range of categories. These awards give readers an opportunity to collectively voice their opinions on technology products and services that help them be more efficient and productive.
About Capital Confirmation, Inc.
Winner of the 2009 Tax & Accounting Innovation Award, Capital Confirmation, Inc. provides secure electronic confirmation services for auditors, those responding to confirmation requests and their shared client. Capital Confirmation’s patented Confirmation.com service minimizes fraud and brings efficiency to the audit confirmation process. Capital Confirmation’s unique Authentication and Authorization process validates the authenticity and authorization of each user. Several hundred In-Network responding companies and over 6,500 accounting firms in 52 countries trust Capital Confirmation for their audit confirmation needs.