Raals AuditLens | Smarter Audits. Better Decisions.
For decades, auditors and investigators have faced the same challenge: finding a needle in an ever-growing haystack of data. Traditional sampling methods, once the norm, are now too slow, too risky, and too limited for the complexity and volume of today’s transactions.
Manual processes — sifting through spreadsheets, matching documents, performing recalculations — consume 80% of your engagement time, leaving just 20% for actual analysis and decision-making. That imbalance means higher costs, lower accuracy, and a greater risk of missing the one critical anomaly that signals fraud or non-compliance.
AuditLens changes that. This intelligent analytics assistant flips the ratio, giving you back 80% of your time to focus on investigating discrepancies and anomalies — while automation handles the heavy lifting.
Raals AuditLens
Benefits
Full-Population Analysis
Go beyond small sample sizes. AuditLens applies advanced analytics and outlier detection (including Benford’s Law and ML models) to your entire transaction dataset, drastically reducing sampling risk and uncovering patterns you’d otherwise miss.
Automated Document Intelligence
AI/OCR technology reads and interprets invoices, contracts, and financial documents automatically. AuditLens recalculates, re-performs, and validates data for consistency and accuracy — without manual input.
Expert Knowledge Base Integration
Built on ISA, GAAP, COSO, and CFE standards, AuditLens guides users through a best-practice workflow, ensuring every engagement meets regulatory and professional requirements from start to finish.
Focus on Insights, Not Repetition
Automation takes care of routine checks so your team can focus on flagged exceptions, apply professional judgment, and deliver deeper, higher-value insights.
How it Works
1. Data Ingestion & Preparation
Connect to your data sources and case records, with automatic processing and cleansing of datasets.
2. Automated Audit Tests
Run AI-powered audit procedures across the full dataset — including outlier detection, duplicate flagging, and recalculations.
3. Document Intelligence
Use AI/OCR to validate, compare, and check the integrity of invoices, contracts, receipts, and other documents at scale.
4. Guided Workflow
Follow an audit process aligned with global standards to ensure compliance and consistency.
5. Exception Analysis
Review automatically flagged exceptions in context — enabling you to focus on what matters most.
