Draftworx – The official SAIBA partner for the automation of financial statement preparation with supporting working papers.

“Prepare amazing Financial Statements & Working papers with Draftworx.”

Draftworx features: Save time by preparing financial statement that are compliant with IFRS standards or cash basis of accounting. Issue compilation, agreed-upon-procedures, reviews, and audit reports easily with all the evidence as required by engagement standards. It’s easier to use than Excel and automatically updates to the latest standards.Draftworx is quick to learn, easy to use and includes the following templates, IFRS, IFRS for SME’s, Compilations, Independent Review and Audit from Sole Proprietors to JSE listed companies.

Fully integrated

Draftworx is a fully integrated, compliant, automated drafting and working paper suite designed in collaboration with some of the world’s greatest accounting & auditing minds, i.e. you, our clients. The solution includes financial statements, XBRL reporting, working papers, audit methodologies, collaboration tools and digital signatures in an affordable desktop, cloud and hybrid variant.

Draftworx provides automated drafting and working paper financial software to more than 7,000 Accounting and Auditing firms and Corporates.

Draftworx Cloud

  • IFRS Financials and audit engagements in your web browser. Unlimited users and per engagement billing.

Draftworx Desktop

  • Leverage the full power of the Draftworx system for total reporting flexibility. Work directly on your client engagements stored in the cloud with WebSync.

Hybrid

  • Due to the design of the software, Cloud and Desktop client files can be moved between either platform with ease.

Financial Statements

  • IFRS Financials and audit engagements in your web browser. Unlimited users and per engagement billing.

Working Papers

  • ISA Audit, Review, Compilation, Accounting Officer, Legal Practitioner, Estate Agent Audit, Agreed Upon Procedures.

XBRL

  • Embedded XBRL. Our IFRS/IFRS SME templates are pre linked to CIPC’s XBRL codes, allowing for a 5 minute submission

Discount

  • SAIBA member 10%
  • Additional based on volume up to 10%
  • PRAC version for SAIBA. Was R6050, Now R5445.

All frameworks

  • IFRS, SME, Consolidations, CC, Trust, Partnership, Sole Proprietor, Body Corp, Monthly Management Packs.

All working papers (excl RAC)

  • Audit, Review, Compilation, Accounting Officer, Agreed Upon Procedures, Estate Agent Audit.

Remote support

Applications
  1. Log in to your membership profile
  2. Navigate to Rewards Page
  3. Complete the interest form

“It has cut down on the time to do consolidations, and I can now produce a consolidated trial balance for all the projects we have, without opening an Excel document.” Trevor Mvundura – CFO

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