TL;DR: With Oxus, internal audit teams save millions in outsourcing fees and get audits done 10x faster. Reach out if you are/know of any internal auditors!
Public companies are required to prove their financial reporting and underlying processes - from payments to system access - work as expected. Today, that work is highly manual and costly:
Weeks spent scoping what to audit, assessing risk across financial statements, sub-accounts, and business units
Meeting with stakeholders, then spending 5-15 hours to turn notes into a flowchart visualizing each process
Digging through spreadsheets, PDFs, screenshots, and emails to find relevant evidence
Thousands of hours/year repeating the same checks: sifting through 200-page documents for signatures, matching orders to invoices, reviewing system access for hundreds of employees, etc
And it costs $200–$800/hour to outsource this work to outside accounting/consulting firms, adding up to $300K–$1M+ per year in annual spend.
🐂 The solution
What Oxus enables:
Accelerate audit scoping, automatically surfacing higher-risk areas using both financial metrics and qualitative factors
Within minutes, generate and update process flowcharts immediately after meetings
Simplify evidence review, so teams can locate and interpret information across disparate files and systems
Eliminate repetitive manual checks, handling large volumes of comparisons and reviews at once and producing reviewer-ready documentation with labeled, traceable evidence
With Oxus, teams save millions in outsourcing fees and get audits done 10x faster.
The ask
We’re onboarding early customers and would love intros to any of the following at pre-IPO/public companies: