AuditFile vs BrightWorkpapers (formerly MyWorkpapers)

AuditFile is a cloud platform for audits, reviews, and compilations, combining methodology, risk assessment, trial balance, workpapers, reporting, and AI. It includes industry-specific audit programs and planning documents, and firms can load custom programs. Trial balance imports are listed for QuickBooks Online, Xero, and NetSuite, alongside Microsoft Office 365 integration and Excel and Word add-ins. The product overview lists real-time dashboards and notifications, firm analytics, target tracking, and one-click financial statement generation. AuditFile says data is encrypted at rest and in transit, backups run nightly, and data is replicated across at least three AWS data centers. It reports a SOC 2 Type II examination and says it complies with GDPR and NIST 800-53 Revision 5. Authentication options include multifactor authentication, SSO, SAML, Active Directory, and LDAP. The Professional plan costs $179 a month per user with a one-year agreement, billed monthly; Pro Plus costs $249 a month per user on the same term. A 14-day trial is available.

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.