Confirmation
What is Confirmation?
Thomson Reuters Confirmation is a digital audit confirmation platform that specializes in secure financial data verification. Founded in 2000 and acquired by Thomson Reuters in 2019, it operates in 170 countries and processes over 1 trillion in financial data annually. The platform is trusted by 1.5 million users, including audit firms, banks, and law firms, and is a key part of the Cloud Audit Suite. Confirmation offers digital confirmations for over 100 types, such as bank balances and legal agreements, ensuring guaranteed responses from validated institutions. Its automated workflows significantly reduce confirmation times from weeks to days, enhancing efficiency for tax, accounting, and audit professionals. The platform features patented technology for fraud prevention and provides a user-friendly interface for remote access. With a global network of pre-validated responders, Confirmation supports compliance with international audit standards and facilitates seamless audit engagement management.
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