AuditWise: NBFC Audit Automation
YOUR AUDIT NAVIGATOR
Streamline Audit & Compliance for Non-Banking Financial Companies
AuditWise helps NBFCs automate audits, reduce manual effort, and ensure compliance with RBI regulations and internal policies—all while maintaining full operational efficiency.
Auditwise
Your Audit Navigator
"Built by experts in compliance technology."
AuditWise is a cloud-native audit workflow platform designed specifically for banks, NBFCs, fintechs, and insurance firms. Replace spreadsheets with automated processes, centralized insights, and regulator-ready reports.
Why NBFC Audits Are Challenging
NBFCs face stringent regulatory oversight from the RBI, along with operational and financial risks that must be continuously monitored. Manual audit processes often lead to inefficiencies, errors, and delayed reporting.
Common pain points include:
- Disorganized spreadsheets and multiple disconnected systems
- Difficulty tracking RBI circulars and internal control adherence
- Delays in audit completion and reporting
- Manual evidence collection causing time and resource wastage
- High risk of errors and compliance lapses during inspections
How AuditWise Simplifies NBFC Audits
AuditWise automates the entire audit lifecycle for NBFCs—from planning to reporting—ensuring faster, more accurate audits while reducing operational overhead.
With AuditWise, you get:
- Automated Audit Scheduling & Workflows: Assign tasks, track progress, and automate follow-ups
- Centralized Evidence Repository: Store all audit documents securely in one place
- Real-Time Dashboards: Monitor audit progress, compliance gaps, and risks instantly
- Risk-Based Audit Planning: Prioritize audits based on operational and regulatory risk
- Regulatory Compliance Tracking: Map internal controls to RBI circulars and directives
NBFC-Specific Feature Mapping
AuditWise maps audit and compliance features to NBFC requirements:
- RBI Circular Compliance: Auto-track circulars and map to internal audit checklists
- Loan & Credit Audit Tracking: Automate verification of loan portfolios, credit policies, and risk assessments
- Operational Risk Monitoring: Track key operational and financial risks across branches
- KYC & AML Evidence: Automate collection of customer due diligence and transaction monitoring logs
- Audit Reporting: Generate RBI-ready reports and dashboards
What You Gain with AuditWise
- ⏱ Reduce audit prep time by 40%
- 💰 Save ₹20–30L annually on manual audit processes
- 📊 Board-ready audit dashboards for executives and regulators
- ✅ Minimize compliance risk and audit errors
- 🔄 Streamlined collaboration between internal audit, compliance, and operations
Success Story: Leading NBFC
A mid-sized NBFC struggled with manual audits and scattered documentation. After implementing AuditWise:
- Audit preparation time reduced by 40%
- Evidence centralization improved transparency across branches
- Faster regulatory inspection readiness for RBI audits
👉 [Read the Full Case Study]
Download the NBFC Audit Automation Guide
Get a practical guide to automate NBFC audits and improve compliance efficiency.
👉 [Download Free Guide]
NBFC Audit Automation FAQs
Q1. Does AuditWise cover all RBI regulations for NBFCs?
Yes. AuditWise maps controls to key RBI circulars and directives.
Q2. Can AuditWise integrate with core banking or loan management systems?
Yes. AuditWise can integrate with NBFC systems to automate evidence collection.
Q3. How does AuditWise reduce audit preparation time?
By automating workflows, centralizing evidence, and providing real-time dashboards.
Q4. Is AuditWise suitable for mid-sized NBFCs and large financial groups?
Yes. The platform scales to meet the needs of small, mid-sized, and large NBFCs.
Q5. How secure is AuditWise for sensitive financial data?
AuditWise is cloud-native with ISO 27001 and SOC 2 compliance.