AI-led audit, SOX and GRC
LiveAI-led internal audit on every transaction
IRA, IRAME's AI auditor, tests every transaction in scope, not a sample. It drafts the test plan, runs it once you approve and writes the workpaper as it goes. Your team reviews the exceptions.
Engagement
Procure to pay review
- Plan
- Test
- Report
- Close
Who it is for
Cover more of the audit plan without adding people.
L3 · Third line
Chief Audit Executive
Every engagement, finding and open action in one place. Full-population results for the audit committee.
L3 · Third line
Audit managers and their teams
IRA does the matching and counting. Your time goes to the exceptions that need judgment.
L1 · First line
Process owners
Each observation arrives with the transaction and evidence. Respond in Action Hub.
What it tests
Examples across procure to pay, payroll, travel and expenses, user access and journals. Your tests are built from your risk register, SOPs and RACM.
| Control | Example of an exception |
|---|---|
| Duplicate payments | One vendor invoice paid twice under slightly different numbers. |
| Three-way match | An invoice paid when quantity or price differs from the PO and goods receipt. |
| Segregation of duties | One user created a vendor and also approved a payment to that vendor. |
| Payroll | Salary paid to an employee after their recorded exit date. |
| Travel and expenses | Two claims submitted for the same hotel stay. |
| Journal entries | A manual journal posted after close with no approver. |
| User access | An ERP login still active for a leaver. |
| Vendor master | Two active vendors that share one bank account. |
How it runs
Each run follows the same five steps, from connecting the data to closing the last exception.
- 01
Connect the data
IRAME reads ERP extracts from SAP, Oracle or NetSuite, plus Excel, CSV, PDFs and scans for the period.
- 02
Approve the test plan
Describe the control in plain English. IRA drafts the test plan: checks, data needed, pass rule and annexure columns. You approve it.
- 03
Test every item
IRA runs the approved plan on every item in scope. Same data, same plan, same result every run.
- 04
Raise observations
Each confirmed exception becomes an observation with an owner. Your team marks false positives first.
- 05
Report and close
The report follows Finding, Impact, Risk and Recommendation. The Action Taken Report tracks each finding to closure.
Step 01 of 05 · Connect the data
Connect
Your data sources
- SAP
- Oracle
- NetSuite
- Excel and CSV
- PDFs and scans
IRAME
WaitingReadingCustomer story
Audits across procure to pay, order to cash, record to report and segregation of duties. Fieldwork took about 4 man-hours instead of 15 man-days.
FAQ
Short answers to what buyers ask us most.
Does IRAME really test every transaction?
IRAME tests every transaction in scope for the controls you choose, wherever the data sits in a system or file. Physical work such as stock counts and site visits stays with your team, who upload the result.
How accurate are the results, and who checks them?
IRAME's IRA drafts the test plan with GenAI; your auditor approves it before anything runs. The logic is saved and versioned, so the same data gives the same result every run. Your team reviews every exception before it becomes a finding.
Can our external auditor re-perform IRAME's tests?
IRAME keeps the logic, data and result for every test. An external auditor can re-run any test on the same data and get the same answer.
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. Customer data never trains a model. IRAME holds SOC 2 Type II and ISO/IEC 27001:2022.
How fast can we see results on our own data?
IRAME starts with a free sample audit on your own data, so you see real findings before you commit. In one finance and accounts audit, fieldwork fell from 15 man-days to about 4 man-hours.
Related terms, comparisons and pages
Stop sampling. Let IRA test everything.
Bring one process. In 30 minutes we show you the exceptions IRA finds and the evidence behind each one.