Streamlining Global Audit Confirmations: How Kreston Helmi Talib Modernized Their Practice
- 3 minutes read
“The use of Confirmation is highly recommended,” says Helmi Talib, Managing Partner of Kreston Helmi Talib, to accounting firms considering digital transformation of their audit confirmation processes.
Kreston Helmi Talib is an established accounting and advisory firm that encompasses audit, tax, and business advisory services. With close to 100 staff across Singapore and Philippines offices, the firm serves hundreds of multinational clients as a member of Kreston Global, a worldwide network of accounting professionals.
Before implementing Confirmation, Kreston Helmi Talib relied on manual paper-based confirmation processes that created significant operational challenges. The firm faced time-consuming workflows, authentication concerns with fraudulent confirmations, and difficulties managing cross-border signatories for their multinational client base.
With nearly 40 years of industry experience, Talib recognized the need for digital transformation to maintain efficiency and compliance standards. The firm digitally transformed its audit confirmation process using Confirmation to optimize workflow without compromising on security or International Standards on Auditing requirements.
Confirmation made the process seamless and secure by eliminating manual paper requests, providing automated validation that flags inconsistencies, and enabling real-time monitoring through an integrated dashboard.
“The features we have been utilizing to the fullest and have been helpful to our workflow are the compliance, security, and streamlined workflow capabilities,” says Talib.
The firm recorded significant increases in organizational efficiency with Confirmation. The platform’s automated validation saves days of manual work by immediately flagging inconsistencies or incomplete data. For multinational clients with signatories outside the country, the digital process eliminates logistical challenges that previously delayed audit timelines.
“For teams like ours that manage multiple engagements and work with clients across borders, Confirmation is a huge help in boosting the efficiency and timeliness of our workflows,” Talib explains. “The compliance and security features built into Confirmation allow for seamless work that is free of human error and that already meet standards.”
About Confirmation
Over 1.5 million people, 16,000 audit firms, and 4,000 bank departments worldwide trust Confirmation to validate data and identify fraud. It is the only platform that allows auditors to send multiple types of confirmations. With services that meet and often exceed industry standards, Confirmation passes hundreds of security audits each year. The platform puts data security first, reduces the confirmation process to an average of two days, and cuts costs in half (versus the cost of paper).
Connect with us to see how Confirmation can infuse agility, velocity, security, and confidence into your audit process.