Punchcard

Paid Web

What Punchcard is

Punchcard organizes audit client requests and tasks, while its CoAudit product analyzes evidence, performs procedures, and prepares workpapers with reasoning and citations. Each punchcard keeps the request, evidence, procedure, agent reasoning, citations, and reviewer sign-off together. Teams can create structured evidence requests with selections, support types, and fields to extract.

CoAudit works across Punchcard, Excel, and Word. In its Workpaper workflow, it matches selections to supporting evidence, tests assertions with tolerances, and attaches reasoning traces and source citations to cells. Financial Statement Review includes workflows for internal consistency, foot and crossfoot checks, prior-year comparison, disclosure checklists, spelling and grammar, and tick marks. Auditors can inspect citations and reasoning, validate or override results, comment, and sign off, while professional judgment remains with the auditor. The maker describes external audit use for CPA firms running assurance engagements, including structured client requests, evidence collection, substantive testing, and workpaper preparation. Its internal audit offering targets operational, financial, IT, and SOX-controls testing teams. Punchcard says it is SOC 2 certified and GDPR compliant, with TLS 1.3 in transit and AES-256 encryption at rest. The product is web-based, and the public site invites prospective customers to book a demo. Pricing is available on request.

Who it suits

Punchcard suits CPA firms running assurance engagements and in-house operational, financial, and IT audit teams. It is aimed at auditors who need structured evidence requests, testing, source-linked workpapers, and review and sign-off workflows.

What it does well

Keeps requests, evidence, procedures, reasoning, citations, and sign-off together.
CoAudit works across Punchcard, Excel, and Word.
Matches selections to evidence and tests assertions with tolerances.
Offers financial statement review workflows including foot and crossfoot checks.
Auditors can inspect, validate, override, comment, and sign off.
States SOC 2 certification and GDPR compliance.

What to know first

Pricing is available on request.
The listed deployment is web.

Getting started

Visit the Punchcard website.
Book a demo through the public site.
Bring a real client request or audit procedure for a walkthrough.

Verdict

Choose Punchcard if your audit team needs structured client requests and evidence workflows connected to testing and reviewable workpapers. Its pricing is available on request, so teams that need a listed plan price should look elsewhere.

Questions

How much does Punchcard cost?

Pricing is available on request.

What platform does Punchcard support?

The listed deployment is web.

Does CoAudit work with Excel and Word?

Yes. The maker describes CoAudit working across Punchcard, Excel, and Word.

Can auditors review or change CoAudit results?

Yes. Auditors can inspect reasoning and citations, validate or override results, comment, and sign off.

What security measures does Punchcard state?

Punchcard states that it is SOC 2 certified and GDPR compliant, with TLS 1.3 in transit and AES-256 encryption at rest.

Who is Punchcard for?

The product is aimed at CPA firms running assurance engagements and in-house operational, financial, and IT audit teams.

Facts from Punchcard's own pages

Access controls: The security page describes role-based access reviews, single sign-on, and mandatory multi-factor authentication for internal accounts. · punchcard.com, 8 Oct 2026
Availability: The public site invites visitors to book a demo and does not list plan prices on the opened product pages. · punchcard.com, 8 Oct 2026
CoAudit: CoAudit works across Punchcard, Excel, and Word to analyze evidence, perform procedures, and prepare source-linked workpapers. · punchcard.com, 8 Oct 2026
Company: Punchcard says its company, Substantive AI, is based in Provo, Utah; the company's LinkedIn page lists its founding year as 2023. · punchcard.com, 8 Oct 2026
Encryption: The security page specifies TLS 1.3 in transit and AES-256 at rest. · punchcard.com, 8 Oct 2026
Evidence workflow: Each punchcard keeps the request, evidence, procedure, agent reasoning, citations, and reviewer sign-off together. · punchcard.com, 8 Oct 2026
External audit customers: The external audit offering is aimed at CPA firms running assurance engagements and includes structured client requests, evidence collection, substantive testing, and workpaper preparation. · punchcard.com, 8 Oct 2026
Financial statement review: Financial Statement Review ties balances to the trial balance, checks disclosure completeness, and identifies inconsistencies between notes and numbers. · punchcard.com, 8 Oct 2026
Headquarters: Provo, Utah, United States · punchcard.com, 28 Sept 2026
Human review: Auditors can inspect reasoning, validate or override results, comment, and sign off; the maker says professional judgment stays with the auditor. · punchcard.com, 8 Oct 2026
Integrations: The maker describes CoAudit working in Excel and Word and its changelog documents a Karbon integration. · punchcard.com, 8 Oct 2026
Intended users: Punchcard describes its users as CPA firms running assurance engagements and in-house operational, financial, and IT audit teams. · punchcard.com, 8 Oct 2026
Internal audit customers: The internal audit offering targets operational, financial, IT, and SOX-controls testing teams. · punchcard.com, 8 Oct 2026
Product: Punchcard organizes audit client requests and tasks, while CoAudit prepares reviewable workpapers with reasoning and citations. · punchcard.com, 8 Oct 2026
Product support: The site invites prospective customers to book a demo and bring a real client request or audit procedure for a walkthrough. · punchcard.com, 8 Oct 2026
Request workflow: Teams can create structured evidence requests with selections, support types, and fields to extract. · punchcard.com, 8 Oct 2026
Review: Auditors can inspect citations, validate or override results, comment, and sign off while retaining professional judgment. · punchcard.com, 8 Oct 2026
Security: Punchcard states it is SOC 2 certified and GDPR compliant, with TLS 1.3 in transit and AES-256 encryption at rest. · punchcard.com, 8 Oct 2026
Security support: Punchcard says it will acknowledge reports sent to [email protected] within one business day. · punchcard.com, 8 Oct 2026
Support: Punchcard says it will acknowledge reported security vulnerabilities within one business day and provide investigation updates. · punchcard.com, 8 Oct 2026
Testing: CoAudit reads evidence, extracts fields, runs procedures, and prepares source-linked workpapers with reasoning. · punchcard.com, 8 Oct 2026
Workpaper testing: The Workpaper workflow matches selections to supporting evidence, tests assertions with tolerances, and attaches reasoning traces and source citations to cells. · punchcard.com, 8 Oct 2026

Where Punchcard stands on Freedom251

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