Audit Interact vs BrightWorkpapers (formerly MyWorkpapers)

Audit Interact is a paid, cloud-based audit management system for auditors and audit department leaders handling external audits. Its workflow spans planning, execution, evidence gathering, review, compliance, completion and risk management. Teams can use customizable working papers, standard audit-cycle templates, financial ratios, audit assertions and issue management. Evidence is captured in real time, attached in common file types and stored as electronic audit files in the cloud for remote review. Configurable reports support scheduling and delivery, financial statement preparation, and report drafting in English and Arabic. Dashboards show audit status and milestones, while assignment tracking, project and resource scheduling and capacity planning provide work visibility. Users can configure fields, workflows, reports, working views, groups and assignments. The standalone platform is accessed through browsers and internet-enabled devices. The maker says files are behind a secured firewall, data is encrypted and compressed automatically, and databases receive daily backups with one week of retention. Integrations can be tailored, extended and added, but no specific integration is named.

BrightWorkpapers, formerly MyWorkpapers, is a web-based digital working-paper platform for accountants, auditors, bookkeepers, and businesses. It automates routine workflows and supports real-time team collaboration, client reminders, and dashboards. Cloud document management provides real-time access, collaboration, and audit trails, while client and firm portals support document exchange with clients and external accountants. Firms can adapt workflows and templates, edit industry or third-party templates, and create unlimited firm templates for different client engagements. Excel Connect links Excel workpaper data into BrightWorkpapers workflows and helps standardize spreadsheet versions and processes. BrightWorkpapers Essential is designed for small UK firms with 1–5 users or up to 150 clients preparing FRS 105 or FRS 102 1a accounts. It includes a trial-balance-first workflow, one-click Excel workpapers, prebuilt templates, automated schedules, and progress dashboards. The Essential page describes encryption and automatic backups for cloud access. Listed integrations include Bright Accounts Production, QX, HAT, Sage Accounting, QuickBooks, Office 365, DOT, FYI Software, Chartered Accountants Ireland, and Xero.