Frequently Asked Questions
Everything you need to know about modernizing your audit workflow with AI.
Success in the Sarbanes-Oxley Act (SOX) compliance requires organizations to establish internal controls for financial reporting. It mandates strict reforms to improve financial disclosures from corporations and prevent accounting fraud. Section 404 specifically requires management and the external auditor to report on the adequacy of the company's internal control over financial reporting (ICFR).
AI assists auditors by automating repetitive tasks, analyzing large datasets for anomalies, and drafting documentation. In IABuddy, our AI "copilot" helps generate testing procedures, drafts control descriptions based on best practices (like COSO), and suggests risk mappings. Crucially, it adopts a human-in-the-loop approach, meaning the auditor always reviews and approves the AI's work, ensuring professional judgment is maintained.
Yes. We prioritize data security and privacy. We use tenant isolation to keep your data separate from other customers, and we do not use your proprietary data to train our public AI models. All data is encrypted in transit and at rest.
Absolutely. We use enterprise-grade encryption for data in transit and at rest. Your data is isolated in your own environment and never shared with other customers or used to train our public models without explicit permission.
Absolutely. While IABuddy is optimized for ICFR and SOX, its flexible control library and testing modules can be adapted for ISO 27001, SOC 2, HIPAA, and other internal/operational audits. You can customize fields and attributes to match your specific framework requirements.
IABuddy offers a simple CSV import/export workflow that works with any data source. We also help Enterprise users integrate with major ERPs like NetSuite, SAP, and others. Contact support for details!
We offer transparent annual subscriptions for our Starter and Plus plans. Starter is $15,000 annually with 5 privileged user licenses and 300 AI runs per year. Plus is $30,000 annually with 10 privileged user licenses and 600 AI runs per year. Both include unlimited AI suggestions. Unused runs do not roll over. You can start with a 7-day free trial.
Yes! For larger teams needing SSO, custom integrations, or dedicated support, please contact our sales team for a custom quote.
Choose the Starter/Plus plan and start your 7-day free trial. Full access to all features during the trial. No charge until the trial ends.
Your plan automatically renews at the full annual price. No refunds are available once the trial converts. Make sure to cancel before the trial ends if you don't want to be charged.
Yes. Go to Billing → Manage Subscription at any time before the trial period ends. Your access continues until it expires and you will not be charged.
AI runs power control testing and workpaper annotations (1 run each). AI suggestions for control details, issue details, and bulk mapping are unlimited. Your balance resets yearly. Unused runs do not roll over.
Starter plan includes 5 privileged user licenses and Plus plan includes 10 privileged user licenses. Invite users via Workspace Settings.
Annual subscribers are billed once per year. No prorating for mid-period signups.
Yes, there are no long-term contracts for our monthly plans. You can upgrade, downgrade, or cancel your subscription at any time directly from your dashboard.
Access remains active until the end of the current billing cycle. No refunds are provided. Cancellations take effect at the end of the period.