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| Self-registration feature helps banks respond to audit confirmation requests |
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May 24, 2011
Capital Confirmation, Inc., a provider of secure audit confirmation services, announced the addition of a new self-registration feature that makes it easy for companies and financial institutions to respond to audit confirmation requests through Confirmation.com. The old way of responding to audit confirmation requests is manual, inefficient, and doesn’t prevent an employee from intentionally providing false information to an external auditor, the company said. With Confirmation.com, any business, institution, or organization can control who receives and responds to audit confirmation requests, and with this new feature, registering to become a validated responder now takes less than five minutes and it’s free. “Because Confirmation.com saves time and provides a more efficient response process, the demand for becoming a validated responder continues to grow at a fast pace,” said Brian Fox, founder and chief marketing officer of Capital Confirmation, Inc. “This new self-registration feature helps us manage the increased demand and makes the whole on-boarding process fast and easy for responders.” By centralizing the process, businesses of all types can respond to audit confirmation requests faster and more efficiently than ever before. There is no cost to use Confirmation.com as a responder and since it’s a cloud-based solution, no hardware or software is needed.
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