🚀 Exciting News from Circit! We're thrilled to announce that Danske Bank Denmark and Sweden have joined Circit's Provider Network! 🌍🎉 This marks another milestone in our journey to streamline the audit confirmation process for auditors, banks, and businesses. By integrating with Circit's network, Danske Bank Denmark and Sweden is empowering its clients with greater transparency, speed, and security when managing audit confirmation requests. Why does this matter? ✅ Enhanced client experience ✅ Improved transparency ✅ A seamless and secure process Read more about this partnership and what it means for the audit ecosystem here: https://lnkd.in/dhUyQpAj #Innovation #AuditTechnology #FinancialServices #Circit #DanskeBank #AuditConfirmations
Circit
Financial Services
Dublin, Dublin 14,342 followers
Circit is a PSD2/Open Banking regulated platform built to automate audit confirmations and verify transactions at source
About us
Circit is an audit evidence collection platform for firms to verify the world's assets at source. We help teams save time on processes, tracking request statuses and collaboration with evidence providers. Firms using Circit deliver higher quality audits by elevating the client experience and streamlining direct from source collection. The Circit platform is a fully integrated suite covering a range of products to facilitate audit, tax and funds use cases. The platform offers confirmations, client collaboration and transaction level third-party evidence. With a focus on security, we offer a directly regulated platform to connect all stakeholders seamlessly.
- Website
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http://www.circit.io
External link for Circit
- Industry
- Financial Services
- Company size
- 51-200 employees
- Headquarters
- Dublin, Dublin
- Type
- Privately Held
- Founded
- 2017
Locations
Employees at Circit
Updates
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To celebrate the end of another successful year for Circit, and to wish our customers and contacts all the best for the festive period and new year ahead, we have prepared a little poem: ✒️ Twas the audit's year-end, and across every desk The paperwork piled, true cause for unrest. But through all the chaos, a platform appeared— Circit’s sleek dashboards, efficiency cheered. Auditors nestled with laptops in hand, Tracking requests made across the whole land. With AI and templates, tasks done in a flash, No chasing, no paper, no files to rehash. When out in the firm, there arose such a clatter, Turnaround times dropped—it was no idle chatter. Straight to the screens, all eyes they did turn, As Circit’s automation made deadlines adjourn. The system, so smooth, like a digital sleigh, Sent confirmations without a delay. With a secure dashboard, in real-time they’d see, Audits completed with seamless esprit. “On Verified Transactions! On Confirmation Requests! On PBC Client Collaboration and AR/AP Confirmations! With Circit’s smart tools, we’ll audit it all! To the top of the list! To the end of the year! Let’s deliver with speed and festive cheer!” The programmers rejoiced, the clients agreed, Circit had banished the old paper creed. Auditors whistled and logged off that night, “Merry audits to all, and to all a good night!” Warmest holiday wishes from all of us at Circit, and see you bright and early in 2025 for another year of verifying the trusted source in every transaction. ⛄
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On November 13, 2024, we reached a major milestone at Circit with the launch of our Asset Management product in Dublin, marking a new chapter in audit and asset management innovation. Our mission is to verify every transaction, providing a seamless, trusted solution for the diverse stakeholders in the funds industry confirmation process. After years of development, collaboration, and a relentless drive for transparency, we are closer to this with the launch of our new product. The future of asset management is more connected, automated, and impactful than ever before. Interested in our story? Read more here: https://lnkd.in/eaW8u2Q2
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🚀 Exciting Partnership Announcement! We are excited to announce a strategic partnership between Circit and Alpha Group to transform how businesses handle financial audits and internal controls. At Circit, we’ve always been committed to delivering cutting-edge solutions that streamline the audit process, leveraging technology to provide real-time data and a seamless experience. With Alpha Group’s deep expertise in global accounts, risk management, and compliance, this collaboration is a game-changer for firms looking to enhance their audit workflows and achieve unparalleled accuracy and efficiency. Together, we’ll combine our advanced auditing platform with Alpha Group’s rich industry knowledge, offering our clients an even more powerful solution to ensure transparency, trust, and reliability in their financial reporting. What this means for you: ⚆ Faster and more accurate audits ⚆ Seamless integration of technology with human expertise ⚆ Enhanced risk management and internal control processes We’re excited to take this next step with Alpha Group and look forward to driving innovation in the audit and finance space! #Partnership #Innovation #Audit #Fintech #AlphaGroup #Circit #BusinessTransformation #FinancialServices
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The Circit team will be attending the Alternative Events Accountancy Management Summit on 5-6 March 2025 at the Wyboston Lakes Resort. The event is a great opportunity to connect with industry leaders, explore innovative strategies for growth, and delve into topics like the evolving role of AI in accountancy and audit. If you’re attending, let’s connect in advance. Otherwise, we will see you at the Circit stand on the day!
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🎉 We’re thrilled to announce that Circit has ranked 12th in the Deloitte Technology Fast 50 Awards, maintaining our rank from last year! 🎉 The Technology Fast 50 Awards celebrate the fastest-growing technology companies in Ireland based on revenue growth over the last four years. Our ranking on this prestigious list reflects our incredible journey and the hard work of our team: we attribute this achievement to the growing network we are building on our platform: across the 300,000 audits that have been facilitated via Circit using over 52,000 evidence providers. 💬 David Heath, CEO of Circit commented: "We’re really proud to be ranked so high among so many other great companies. This award is one of the few which measures growth rate over several years, and it is an amazing achievement for our team to have maintained our 12th position for the second year in a row". To our fellow award winners: here's to continued growth, collaboration, and success! 🔗 Find out more about the Deloitte Technology Fast 50 Awards: https://lnkd.in/e_Cy8MN9
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Circit reposted this
❗ Video to watch below! Investment funds are crucial for the financial ecosystem, benefiting businesses and the development of the broader economy. However, the industry is facing significant challenges: 🫱🏼🫲🏾 A plethora of stakeholders across different functions, organizations and regulations 📍Tracking progress on queries and establishing a comprehensive audit trail are near impossible ☑️ Asset valuation records and investment positions can’t be signed off if there are outstanding queries, creating delays That is why we created Asset Management Confirmations. Are you an asset manager, auditor, custodian, fund administrator or evidence provider? You need to see this 🎥 https://lnkd.in/eikZXj3v
Circit Asset Management Confirmations
https://vimeo.com/
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🍂 Happy Thanksgiving! 🍁 The team would like to wish everyone a wonderful Thanksgiving, filled with gratitude and warmth. This season, we're grateful for the trust and collaboration of clients, contacts and colleagues in our mission of verifying the trusted source in every business transaction. Thank you for being a part of our journey.
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❗ Video to watch below! Investment funds are crucial for the financial ecosystem, benefiting businesses and the development of the broader economy. However, the industry is facing significant challenges: 🫱🏼🫲🏾 A plethora of stakeholders across different functions, organizations and regulations 📍Tracking progress on queries and establishing a comprehensive audit trail are near impossible ☑️ Asset valuation records and investment positions can’t be signed off if there are outstanding queries, creating delays That is why we created Asset Management Confirmations. Are you an asset manager, auditor, custodian, fund administrator or evidence provider? You need to see this 🎥 https://lnkd.in/eikZXj3v
Circit Asset Management Confirmations
https://vimeo.com/
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Exciting developments in audit technology! 🙌 KPMG Nederland has enhanced its data-driven audit approach by integrating Circit's Verified Transactions platform with ABN AMRO Bank N.V. AMRO's Business Account Insight API. This collaboration enables auditors to efficiently handle batch transactions, reducing manual data cleaning and improving audit processes. By automating the retrieval of detailed bank transactions, including batch payments, auditors can now access complete, accurate, and consistently formatted data sets. This advancement not only streamlines audits but also strengthens financial accountability and transparency. A win-win-win for auditors, clients, and financial institutions! "We were new to Circit's use-case of ABN AMRO's data, but once we understood that our leading position in commercial API connections can lower the administrative burden for all our corporate clients that require an audit, we were supportive right away. Circit perfectly fits the profile of a Bank Connectivity user, providing the embedded bank data into their platform.” Lianne Oversteegen Read more: https://lnkd.in/e8b9hbQb