Oxus Analysis: $928K Raised

Automate control testing for internal audits; Generate process flowcharts from documentation; Assist in SOX compliance scoping; Analyze and annotate audit documents; Produce standardized workpapers for review

Oxus is an AI-native platform that modernizes internal audits through several key product offerings. The main services include:

1. Automated Control Testing: This feature utilizes AI to generate workpapers and conduct control testing, significantly reducing the time and effort required for these tasks.

2. Walkthrough Flowchart Generation: The platform can automatically convert walkthrough documentation into process flowcharts and narratives, streamlining the documentation process for audit teams.

3. SOX Scoping Support: Oxus provides AI assistance for audit scoping and risk assessment, helping teams efficiently identify areas of focus for compliance.

4. Document Intelligence: Users can search, analyze, and annotate documents within their database, with optional web search capabilities, making it easier to find relevant evidence for audits.

5. Evidence-Grounded Outputs: The outputs generated by Oxus are tied back to specific documents and excerpts, ensuring accountability and traceability in the audit process.

6. Auditor-in-the-Loop: Reviewers have the opportunity to approve outputs before finalization, maintaining quality control and ensuring that the results meet the necessary standards.

7. Enterprise-Grade Security: Oxus prioritizes customer data protection with industry-leading security standards and offers flexible deployment options to meet various organizational needs.

These features collectively aim to help audit teams deliver more audits in less time while reducing manual workload and enhancing documentation consistency.

Backed by Y Combinator; Focused on reducing manual audit workloads; Committed to data privacy and security standards