"Responding to audit confirmation requests is manual, inefficient, and increases fraud risk for banks," said Rocher Cyrus CPA, CGMA, director of Global International Management, LLC. "Banco di Caribe decided to join Confirmation.com's network so they can provide quicker audit confirmation responses, improve their clients' experience, and reduce their risk of fraud by controlling the process."
"Helping drive efficiencies through the use of our electronic solution provides measureable value to auditing firms, banks, and their mutual clients," said Mark Portanova, vice president of Confirmation.com. "Replacing paper with an easy-to-use online process helps to deliver on-time audit reports, improves control, and enhances the service to all parties."
"It has been great working with Rocher Cyrus to bring our service into the Dutch Caribbean," said Chris Schellhorn, CEO of Confirmation.com. "As we have seen over the last few years, there's growing global demand for our service, and we are thrilled to see Rocher and his team expand our network so quickly in this new market."
Confirmation.com is the world's leading provider of secure online audit confirmations. Today, 14,000 audit firms confirm over $1 trillion annually with over 3,500 banks for 700,000 clients worldwide. Confirmation.com is used in over 160 countries by banks, companies, and law firms to respond to audit confirmation requests. For more information, visit Confirmation.com.
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