Audit automation vs practice management, solving different problems for the same firms.
At a glance
Two platforms, opposite ends of the same problem.
Alternative
myAudit
Audit practice management
myAudit (myaudit.co.in) is a practice management platform built for Indian CA firms. It helps you run the business side of auditing, tracking which engagements are assigned to whom, whether they are on schedule, and what they are costing you. It is complementary to audit execution tools, not a replacement for them.
Strengths
Project & assignment management across the firm
Task tracking with timestamps and deadlines
Staff time & cost tracking per engagement
25+ pre-built audit checklists
Client management portal with document storage
CORAA · featured
CORAA
AI-native audit platform
CORAA automates the audit work itself, AI-driven scrutiny, automated reconciliation, OCR-based vouching, and working paper generation. Where myAudit helps you manage 50 engagements on time, CORAA helps you finish each one 60% faster by doing the manual audit procedures automatically.
Strengths
AI-powered scrutiny across 100% of transactions
Automated vouching with OCR document matching
Full reconciliation suite (bank, GST, TDS, ESI/PF)
AI-generated working papers
NFRA-ready audit trails, built in
Less prep time
70%
Transaction coverage
100%
Audit capacity
2×
AI modules per audit
6
Feature by feature
Honest comparison - we drew it.
Data sourced from myaudit.co.in. Feature availability may change.
Capability
Alternative
myAudit
Practice management
CORAA · featured
CORAA
AI-native audit platform
Audit analysis & automation
Ledger scrutiny (AI)
Full AI
Transactional scrutiny
Bank reconciliation
GST reconciliation (2A/2B/3B)
TDS challan reconciliation
Vouching (OCR + document matching)
Working paper generation
AI-generated
100% transaction coverage
Manual / sampling
AI modules
Practice management
Project & assignment management
Core strength
Task tracking with timestamps
Staff time & cost tracking
Pre-built audit checklists (25+)
Client management portal
Platform
Cloud document storage
Data room
NFRA-ready audit trails
Timestamped steps
India-hosted
Unlimited users
-Custom pricing
Pricing side by side
The total cost not just sticker price.
myAudit
Custom pricing
Contact for quote
Full project & assignment management
Staff time & cost tracking included
No AI-powered audit automation
No automated reconciliation or vouching
CORAA
₹3,000–₹2,000
Per entity / year · unlimited users
All AI modules included in every plan
Unlimited users, no per-seat charge
Scales to ₹2,000/entity at 200+ entities
Getting started
Get started in three steps
No training needed. Your team can start today.
Step 1
Export from Tally
Export your client data from Tally in XML or JSON format, the same export you already use.
Step 2
Import into CORAA
Upload the file to CORAA. The platform maps your chart of accounts and ledger structure automatically.
Step 3
Run your first audit
AI modules analyse every transaction, flag anomalies, and generate working papers. Review and sign off.
Questions
The kind we answer before you ask them.
No. CORAA is purpose-built for audit execution, AI analysis, reconciliation, vouching, and working paper generation. It does not manage projects, track staff hours, or handle billing. If you need practice management, myAudit or a dedicated PM tool is the right choice.
No. myAudit focuses on managing the business side of your audit practice, assignments, deadlines, staff costs, and checklists. It does not perform AI-driven ledger scrutiny, automated reconciliation, or OCR-based vouching.
Yes, and many firms may find that combination valuable. Use myAudit to manage your engagement pipeline, track staff time, and stay on budget. Use CORAA to do the actual audit work faster, scrutiny, reconciliation, working papers. They solve different problems and do not overlap.
It depends on your bottleneck. If your firm struggles with missed deadlines, untracked hours, and chaotic project management, start with myAudit. If your firm is spending too many hours on manual scrutiny, reconciliation, and documentation, start with CORAA. Both problems are real, solve the one that hurts more.
CORAA charges per entity per year, starting at ₹3,000 and scaling down to ₹2,000 at volume, with unlimited users included. myAudit uses custom pricing, you need to contact them for a quote. The models are not directly comparable because the tools do fundamentally different things.
Not really. myAudit manages the business of auditing, projects, deadlines, staff costs. CORAA automates the audit work itself, scrutiny, reconciliation, vouching. They are complementary tools. myAudit helps you manage 50 engagements on time. CORAA helps you finish each one 60% faster.
