Services · AI audit and internal controls
AI audit and internal controls for Indian family businesses: books an auditor will sign
- What will be running
- A nightly audit agent over every voucher, bank line and stock movement, with a controls register any auditor can read
- By when
- Audit agent live in 30 days; controls documentation complete in 120
- What it saves
- Target: internal audit effort cut by half and audit queries answered in hours, agreed in writing
Works with what you already have
What runs on Excel today
The CA comes quarterly and asks for the same ten reconciliations. Someone builds them. Bank, stock and ledger agree after a week of adjustments nobody can explain the following year. Internal audit is a cousin with a checklist.
The banker says the business is ready. The auditor says the books are not.
What we deploy
Agents, not features. Each one is listed when it is live.
Nightly audit agent
Every voucher, bank line and stock movement checked against your approval matrix, GST filings and the physical registers. Exceptions listed by amount and person, every morning.
Three-way match agent
Purchase order, goods receipt, invoice. Sales order, dispatch, e-way bill, invoice, receipt. Breaks are flagged the day they occur.
Controls register agent
Maintains the internal financial controls document any serious auditor will ask for: what the control is, who performs it, the evidence, the last time it was tested. Updated from the audit log, not from memory.
Audit query agent
When the auditor asks, the answer is pulled from the log with the vouchers attached. Hours, not weeks.
What it saves
Internal audit effort halves because the checking is done nightly by the agent and the humans review exceptions. Statutory audit fees stop climbing because queries are answered the same day. The expensive saving is time: a fundraise or listing that slips a year because the books were not ready costs more than any system.
The saving is agreed in writing before we build: audit hours, days to close a query, or a readiness date. Not met in 90 days: we keep working at no charge for up to 90 more days until it is. The guarantee covers the first agent.
The guarantee
In writing, before we build.
One number for the first agent, how it is measured, and the date. Not met in 90 days from go-live, we keep working at no charge for up to 90 more days until it is.
How the first 30 days go
Visit. We sit with your CA and your accounts head, list every reconciliation they do, and read last year's audit queries.
Read access to Tally, bank statements and stock registers. Nightly audit agent runs for the first time; the first exceptions list is long. That is the point.
Three-way match live for purchases. Approval matrix agreed in writing.
Controls register started. Weekly brief begins, with the exception count as the headline number.
Every Monday
The weekly brief
One page. What is running, what it did, what we need from you. Figures illustrative.
Four things no vendor will put in a contract.
30
Days to the first agent
Not a demo. A date, in the proposal you sign.
₹
The saving, in writing
Agreed before we build. Not met in 90 days: we keep working at no charge for up to 90 more days.
1
Visit before any fee
We come to you. The first day costs nothing.
52
Briefs a year
Every Monday: what is running, what it did, what we need.
Where this runs
Questions promoters ask
We have informal transactions. Can you help us hide them?
No. We help you bring records to a standard an auditor and SEBI will accept, which means complete, reconciled and documented. If the business has history that needs regularising, that is a conversation with your CA and merchant banker, and we build the system that makes the clean record possible from the day you decide.
What does an auditor doing due diligence actually look for?
Three years of audited statements, internal financial controls that are documented and tested, an MIS that reconciles to the books, and no unexplained gaps between stock, bank and ledger. The audit agent produces the evidence for all four continuously, not in a scramble before a filing.
Is this a replacement for our statutory auditor?
No. It is the internal audit function your auditor wishes you had. Every voucher is checked against policy nightly, exceptions are listed, and the auditor's queries are answered from the log instead of from memory.
How long before a listing or a fundraise should we start?
Eighteen to thirty months. A listing needs a track record, and the system that produces the track record needs to be running for the period being audited. Starting the quarter before the filing is too late.
Tell us where the money leaks.
Tell us where the money leaks. A 30-minute call: we ask about the business, you ask about us. If AgentJi is not the right answer we will say so and tell you who is.