Review: How AudITech Helped Lightricks
Prepare for Their IPO
Lightircks
Oren Ben Horin, Vice President Information Technology (CIO) at Lightricks, recently discussed his experience with AudITech, here’s what he had to say.
When we were evaluating different possibilities regarding IPO readiness, I spoke to a few companies that were in the process of or had recently completed their IPO. Most of these companies had conducted their ITGC Audits the traditional way. They mentioned that their biggest pain point was the anticipated time frame—it took them ten times longer than expected due to the intensive administrative work, such as taking screenshots, etc.
I totally recommend AudITech to other companies preparing for their IPO.
We then spoke to AudITech, and we were sold. We were not only investing in a solution but also in the team behind it. Prior to this, we had met with a couple of different consulting groups. They were all very nice but wanted to prepare for the IPO the traditional way, as it was done 15 years ago. AudITech almost spoke a different language to them; they truly understood what we needed and how to use the technology to achieve it efficiently. There aren’t many accountants who understand technology the way AudITech does. It’s a very unique experience working with them.
The team at AudITech are highly professional and possess an exceptional understanding of SOX, which greatly benefited our team. When it comes to SOX expertise, particularly in IPO readiness, I believe no other company matches the level of proficiency and insight that AudITech offers.
I totally recommend AudITech to other companies preparing for their IPO.