Platformed and HLB Announce Strategic Partnership to Automate Controls-Based Audits with AI

Platformed's AI agent empowers auditors to deliver consistent assessments, including ISA 315 and SOX, across both complex and non-complex cases, delivering additional value to clients and remaining fully compliant with regulators' demands.

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Platformed, the AI agent purpose-built for controls-based audits, today announced a strategic partnership with HLB, the global network of independent advisory and accounting firms. Through this collaboration, HLB member firms will gain access to Platformed’s cutting-edge AI audit workflows, helping modernize audit activities across the network - starting with a focus on automating ITGC assessments.

As audit complexity continues to rise, firms are under pressure to deliver high-quality, compliant audits within tighter timeframes. Platformed’s AI agent addresses this challenge head-on, enabling financial auditors to perform controls-based risk assessments, including ISA 315 and SOX, with greater consistency, speed, and confidence. By combining intelligent data collection, client complexity scoring, automated control evaluation, and stakeholder collaboration, Platformed simplifies even the most demanding audit requirements.

“At HLB, we continually strive to empower our member firms with innovative solutions that improve quality and efficiency. Partnering with Platformed enables us to bring advanced, AI-driven IT audit capabilities to our network, streamlining complex compliance tasks and reinforcing our commitment to excellence. This collaboration represents a significant step forward in ensuring our firms can deliver the best outcomes for their clients while staying ahead in today’s evolving regulatory landscape.”

Amy Spillard, Head of Technology Partnerships, HLB International

“We’re thrilled to be joining the HLB network and deepening our commitment to the audit sector. Our work with innovative firms like Menzies LLP has already shown the transformative impact Platformed can have – improving audit consistency, delivering additional value to clients and automating away manual workloads. By partnering with HLB, we see an amazing opportunity to expand this value globally and to extend beyond IT to the full breadth of audit, to allow HLB member firms and their clients to realise the benefits that AI offers. We’re excited about what we can build together.”

James Evans, CRO and Founder, Platformed

Platformed’s audit automation capabilities are already trusted by several leading firms in the HLB network, including Menzies LLP, who use the platform to enhance audit quality, reduce completion times, and unlock new revenue streams. The platform supports generalist audit teams delivering controls-based work for non-complex clients, and specialist IT auditors managing more intricate, high-risk environments.

About Platformed’s Audit Solution

Platformed is an AI agent designed specifically for controls-based audits, including ISA 315, SOX, and other assurance frameworks. It automates data collection, client classification, and preliminary risk and control assessments, helping auditors pinpoint key risks that impact financial reporting with precision and speed. Its standardized workflows guide teams from intake through reporting, while exportable evidence packs ensure robust documentation and audit file readiness.

Key capabilities include:

• Automated Control Assessment- Platformed’s AI agent assesses controls automatically with full evidence trail to data room sources.
• Automated Risk Assessment - Platformed’s AI agent identifies and scores risks against standard or bespoke risk frameworks, providing a full narrative and evidence to support auditor review.
• Automated Complexity Assessment- Platformed automatically assesses the complexity of an engagement by analyzing key attributes that influence risk, scope and level of effort.
• Stakeholder Collaboration - Auditors and managers can review, comment, amend and approve findings within the platform, maintaining a clear audit trail.
• Client Guidance- Clients receive live AI reviews as they submit information, helping ensure responses are clear, complete and aligned with auditor expectations. This reduces back-and-forth and speeds up data collection.
• Exportable Reports - Standard and bespoke reports can be viewed, downloaded or shared via API to cover every use case from presenting results to clients to storing working papers.
• Evidence Collection - Evidence can be collected via customizable questionnaires and via integrations with internal or external systems. Platformed also analyzes video evidence, allowing teams to use recorded walkthrough calls as part of the audit file.