Processing bank confirmations can be a time-consuming and tedious process for auditors. CCH Axcess Validate digitally connects to any financial institution with an online presence, providing you with more detailed information than ever before.
Eliminate having to wait for the bank to return your bank confirmation request by leveraging open-source banking technology and data encryption, providing you with fully compliant and certified confirmations while maximizing security, removing any chance for potential fraud and data tampering.
Get started and process bank confirmations entirely automated in the cloud, in three easy steps using technology that's trusted by thousands of accounting professionals:
- Eliminate having to wait for the bank to respond
- Obtain fully certified and compliant bank statements
- Enjoy an easy, fast and entirely automated confirmation process
See CCH Axcess Validate in action via a customized demo.
See how simple it is to request an authorization from your client with CCH Axcess Validate, or how CCH Axcess Validate processes financial information from over 44,000 banks globally in 195 countries (any bank with an online presence), or how there is no need for human interaction to complete confirmations.
Watch a custom demo in your own time, when you have time.
Watch a custom demo in your own time, when you have time.
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Accelerate bank confirmations with cloud-based audit software
Eliminate having to wait for the bank to respond
Auditors no longer have to wait for the bank to respond to confirmation requests. With CCH Axcess Validate, simply request authorization for the needed financial data with your client, who privately selects and submits the requested information from their account. The information is sent via the cloud into CCH Axcess Validate for the auditor to review as part of the overall engagement. It's an easy and secure three step process.
Obtain fully digital certified and compliant bank statements
CCH Axcess Validate enables obtaining fully compliant and certified bank statements as well as account balances, details, and transactions by means of a digital connection with financial institutions across the globe, in minutes.
Open-source banking technology and data encryption ensure a certified audit trail and makes unwanted chance fraud and data tampering impossible. CCH Axcess Validate is compliant with audit industry standards, and every confirmation is issued with Security Compliance Certification (incl. SOC 1, SOC 2, and ISO 27001) providing you with an airtight audit trail.
Open-source banking technology and data encryption ensure a certified audit trail and makes unwanted chance fraud and data tampering impossible. CCH Axcess Validate is compliant with audit industry standards, and every confirmation is issued with Security Compliance Certification (incl. SOC 1, SOC 2, and ISO 27001) providing you with an airtight audit trail.
Enjoy an easy, fast and entirely automated confirmation process
CCH Axcess Validate provides a bank confirmation process that is automated from start to finish. It takes just minutes to get your firm started and complete confirmation requests. And there is no need for manual data input or human interaction with the bank,
creating new efficiencies and eliminating frustration.
Turning around bank confirmations will now just take minutes, not days or even weeks, giving back time for higher quality engagements.
Turning around bank confirmations will now just take minutes, not days or even weeks, giving back time for higher quality engagements.
Eliminate outdated, time-consuming, and costly ways to process confirmations.
See CCH Axcess Validate in action today.
Frequently asked questions
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How does CCH Axcess Validate work?
1) The auditing firm initiates the bank confirmation request:
- The auditor sets up the client’s profile including bank account information.
- They select the financial data it needs to request and confirm as part of the audit engagement.
- The auditing firm then requests authorization with the client to process the bank confirmation.
2) The client privately authorizes, selects, and securely submits the requested bank information:
- The client receives an email with the authorization request to confirm the requested bank information.
- They then click the secure link in the email, and via the CCH Axcess Validate portal, privately logs into their bank account.
- The auditor does not and at no point is able to see the client's bank account or any information inside the account.
- Once logged in, the client selects the information requested, for example a monthly bank statement, account balance, or bank transaction at a specific point in time.
- Once the information is selected, the client submits the data via the secure portal in the cloud to CCH Axcess Validate.
3) The auditing firm receives the data from the client and processes to finalize the bank confirmation:
- The auditing firm receives a notification in CCH Axcess Validate that the information has been submitted by the client, fully compliant and certified with industry standards.
- Next, the auditor reviews the bank information sent by the client.
- Lastly, the auditor completes the bank confirmation request as part of the overall audit engagement.
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How does CCH Axcess Validate differentiate from other confirmation software?
- Speed: A confirmation request is returned as the client authorizes the request, and selects and submits the requested bank information. The entire process takes just a few minutes.
- Statements: You can request multiple statements from multiple types of accounts from one bank – with one single confirmation request.
- Eliminating human interaction: There is no need to wait for someone at the bank to process your confirmation request, everything is done digitally. There is no need to queue up with the bank or submit requests early to make sure your requested data is returned in a timely manner.
- Manual data entry: CCH Axcess Validate uses dropdown menus. There is no need to enter 8 – 12-digit bank account numbers, that are prone to error and frustrating to correct.
- Pricing: CCH Axcess Validate has been priced based on tax and accounting customer surveying and what they feel a confirmation should be valued at.
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Which banks and financial institutions partner with CCH Axcess Validate for audit bank confirmations?
CCH Axcess Validate partners with a worldwide network of over 44,000 financial institutions and banks in 195 countries - essentially any financial institution with an online presence. For more details, you can view a list of banks here.
With CCH Axcess Validate there is no longer a need to wait for humans at the bank for data. Fully automate requesting bank statements with your bank confirmations and obtain bank information in just minutes.
Request multiple bank statements without a need for human interaction
Eliminate human interaction in obtaining your client's bank statements as part of your audit bank confirmations.
CCH Axcess Validate offers the most direct and secure access to bank statements. Try software that processes bank confirmations faster than ever before in just three easy steps via direct and authorized access to your client's financial institution.
Direct and secure access to
digital bank statements
digital bank statements
Learn about direct and secure authorized access to bank accounts to validate multiple bank statements with one request.
Learn about the potential and benefits that fully compliant digital bank confirmations could bring to an accounting firm with CCH Axcess Validate.
Rely on fully compliant and certified
digital bank confirmations
digital bank confirmations
Hear from Wolters Kluwer customer Harper Rains Knight & Company how CCH Axcess Validate can provide fully compliant and certified bank confirmations.
Eliminate the risk of fraud and tampering of data with secure digital bank confirmations using CCH Axcess Validate.
Eliminate the risk of fraud
with secure bank confirmations
with secure bank confirmations
Eliminate the potential for data tampering, and thus the potential for human error and risk of fraud, with secure bank confirmations using CCH Axcess Validate
There are new modern and improved ways to process bank confirmations. Try it now with CCH Axcess Validate.
Try a new and improved way
to process bank confirmations
to process bank confirmations
CCH Axcess Validate offers an accelerated and reimagined way to obtain bank confirmations, helping to improve your overall audit workflow.
Landmark CPAs moved from CCH Pfx Tax to CCH Axcess Tax to take advantage of centralized, cloud-based integration, a common client database, and a seamless experience from anywhere.
Streamline your firm's audit and tax workflow using the power of the CCH Axcess platform
Hear from Wolters Kluwer customer Landmark CPAs how switching from on-premise to cloud-based software has been easy and transformative.
Learn about the potential that fully certified bank confirmations could bring to an accounting firm with CCH Axcess Validate.
Bring value to your firm using modern technology that will help optimize your firm's audit workflow.
"All of our audits require some form of confirmation. We mostly use confirmation.com, it's not my favorite. It's very expensive, and for what you are getting out of it, it can be difficult to navigate.
Access to a better, faster product would be amazing."
Melissa Knox
Partner & Audit Director
JC CPAs and Advisors, LLC
Recommended CPA firm resources
Check out these resources to discover how you too can benefit from a modern bank confirmation solution.
Overview of partnering financial institutions
CCH Axcess Validate leverages technology that allows for an auditor request and process financial information that is submitted privately by the client. See which banks, brokerage firms, credit unions, or any other financial institution with an online presence is available.
How automated bank confirmations increase efficiencies in your firm
This white paper discusses the historical limitations around audit bank confirmations, how the technology behind bank confirmations is changing, and why this is important for the modern and growing tax and accounting firm.
Innovative API integrations
Our product teams work closely with customers to deliver features that increase efficiency, reduce errors and improve client experience. Open integration APIs enable firms to create time-saving integrations that leverage CCH Axcess data.
CCH Axcess Marketplace
The CCH Axcess Marketplace is an online resource center that makes it easy for firms to find software integrations that leverage the data in their systems. These integrations enable firms to automate many of the most time-consuming tasks in their tax, audit and firm management workflows.
Get more done in far less time and enjoy speed and accuracy like never before.
Learn how CCH Axcess Validate helps firms automate, standardize and streamline bank confirmations.