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IRAME vs ChatGPT
ChatGPT is a general-purpose AI assistant, good for drafting and one-off questions about a file. IRAME is built for internal audit. IRA, IRAME's AI auditor, saves each control, re-runs it on the full population and routes every exception to an owner.
A check means the capability is offered or stated. A minus means it is not offered, or not stated on the pages we checked.
| Capability | IRAME | ChatGPT |
|---|---|---|
| Built for | Yes. Internal audit, SOX and ICOFR testing, continuous controls monitoring and an agentic CFO suite | Yes. General questions, writing and analysis on any subject |
| Plain-language requests | Yes. Describe a control in plain words and IRA builds it | Yes. Answers questions about text and files you provide |
| Saves the test as a control | Yes. Memory keeps every control, prompt and rule | No, or not stated. Chats can be saved. There is no control library with owners. |
| Re-runs on the full population on a schedule | Yes. Scheduled and on-demand runs at transaction volume | No, or not stated. Works on the files you give it in a conversation |
| Same result on every run | Yes. The same data and the same control give the same result | No, or not stated. Answers to the same prompt can vary between runs |
| Exceptions routed to owners | Yes. Action Hub routes each exception and tracks it to closure | No, or not stated. Results stay in the chat until someone moves them |
| Evidence an external auditor can re-perform | Yes. Each run keeps the data, the control and the result | No, or not stated. The chat history records the answer only |
| Data it reads | Yes. SAP, Oracle, NetSuite, Excel, CSV, PDFs and scans, email archives (PST) | Yes. Files you upload, such as spreadsheets and PDFs |
| Where it runs | Yes. IRAME's cloud, your own cloud tenancy or on-premise | Yes. OpenAI's cloud service |
The ChatGPT column describes ChatGPT used as a general assistant on files you provide. Its plans and features change over time.
Where ChatGPT is strong
- Drafting memos, emails and policy summaries quickly.
- Explaining a standard or a term in plain words.
- Quick, one-off questions about a single file.
- Broad general knowledge across every subject.
Which one fits your team
Choose ChatGPT if
- You need help writing, summarising or explaining.
- The question is a one-off and nobody needs to re-perform the answer.
Choose IRAME if
- The test must run again next month on the full population.
- Each exception needs an owner and a recorded outcome.
- An external auditor has to rely on the result.
Questions about IRAME and ChatGPT
Can we use ChatGPT for internal audit testing?
IRAME is built for the testing itself. ChatGPT can analyse an uploaded file, but it does not save the test as a control, re-run it on a schedule or route exceptions to owners. Audit evidence needs all three.
Does IRAME work like a chatbot?
No. In IRAME you describe a control to IRA, IRAME's agentic AI, in plain words. IRA builds and saves it. From then on, the same data and the same control give the same result on every run.
Can we use both?
IRAME sits well beside a general AI assistant. Use the assistant to draft memos and summarise policies; use IRAME to test controls, route exceptions and keep the evidence.
Where does our data go?
IRAME runs in IRAME's cloud in your region, your own cloud tenancy or on-premise with on-premise AI models. In your environment, the data stays there. Customer data never trains a model. IRAME is SOC 2 Type II audited and ISO/IEC 27001:2022 certified.
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Learn moreNew to the terms? Read the audit and controls glossary.
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