AuditFile vs Inflo

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.

Inflo is a data-driven digital audit platform for accounting and audit firms, covering the audit lifecycle through web-based workflows. Working Papers centralizes engagement management, documentation, digital methodology, and content management. Audit Data Analytics supports risk assessment and audit testing and is described as connecting to any client system for data extraction. Digital Collaboration organizes client communications, requests, and documents with real-time status tracking. Quality Management supplies frameworks, automated workflows, and monitoring for audit-quality processes. InfloLink connects engagement and trial-balance information with Microsoft Word and Excel documents. Single sign-on and API integrations are supported. Inflo says the platform runs on Microsoft Azure and uses 256-bit encryption for data in transit and at rest. It states ISO/IEC 27001:2022 accreditation and a SOC 2 Type II audit report. Users have unique credentials, optional two-factor or multifactor authentication, and engagement access controls. Its AI is assistive, with auditors retaining oversight of evidence evaluation and conclusions. Licensing varies by modules, clients, or engagements.