Enterprise Europe Network

Cloud-based audit software offered under a license agreement and distribution services agreement

Country of origin:
Country: 
CROATIA
Opportunity:
External Id: 
BOHR20210315001
Published
15/03/2021
Last update
11/04/2021
Expiration date
12/04/2022

Keywords

Partner keyword: 
Business and office software
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Summary

Summary: 
A Croatian company, specialized in audits and business consulting, specifically cloud-based audit software, is looking for international partners in order to conclude distribution services agreements and license agreements.

Description

Description: 

A Croatian company, providing audit and business consulting services, was established in 2012 and has a wide experience in international financial reporting and tax requirements.

The company’s expert auditors have developed an innovative solution for cloud-based audit software, a specialized management software which helps audit team members manage a wide range of audit-related activities in a single framework.

The main aim of the software is to ease the audit work, support project team members with tailored audit procedures, plans, checklists, review procedures, archiving rules and other activities relevant to the audit process, in accordance with the International Standards on Auditing (ISA).

Software offers an intuitive and easy-to-use graphical user interface (GUI), together with the built-in text editor and other handy features.

Main features of the software:
• Easy control of audit work
• All documents related to each engagement organized in one controlled area
• Built-in work-papers – project work-papers can be introduced based on standard or user-defined templates
• Different status flags and filtering
• Electronic review and monitoring
• Cross references – easy linking between audit work
• Authorization management and control – fine-grained permission setup (user is attributed by granting permissions)
• Cloud technology – real-time visibility of the process regardless of the users' whereabouts
• High level security - secure sockets layer (SSL) protocol
• Log module on request

The audit software also has additional modules:
1) import of trial balance module (for automatic preparation of audit lead schedules, analytical procedures, financial standalone and consolidated reports, and management reports with key performance indicators (KPI’s))
2) management module – statistics
3) mobile module – for mobile devices

All registered users are offered support through manuals and videos or can directly get in touch with the companies support team by phone, Skype or email. The company also offers online and on-site group and individual training for their users.

The company would like to expand its business and is seeking long term partners to license or distribute the software on international markets under a license agreements or distribution services agreement.

Advantages & innovations

Cooperation plus value: 
Advantages of the software: • Increases the productivity and efficiency • Enables better control through project centralization • Reduces audit risk through standardization and unification of audit methodology • Increases share of knowledge • Can be customized for audit work of each client • Enables systematic automated workflow • Decreased documenting process, reviewing and archiving time • Enables easy management of team members' roles • Works both online and offline • Increased security and accessibility to company’s data

Stage of development

Cooperation stage dev stage: 
Already on the market

Partner sought

Cooperation area: 
The Croatian company is seeking to develop distribution service agreements and license agreements with experienced international business who can access domestic and/or international markets in order to sell this innovative software solution. The partner sought should be SME with a strong knowledge in audit and related services, looking to enrich their portfolio with an audit software – audit companies, audit training companies, accounting software distributors etc.

Type and size

Cooperation task: 
SME 11-50,SME <10,SME 51-250