TERAXYS APPLIED REVIEW

AI Lite Scan

A focused first view of how AI is being used inside one finance workflow—and whether the surrounding process, controls and documentation remain aligned with what is actually happening.

FIXED FEEAs per scope
REVIEW TIME5–6 hours
INITIAL SCOPEOne finance workflow
OUTPUTApprox. three-page report

WHAT THE SCAN ESTABLISHES

A usable view of the current state.

01

Where AI is being used

Map current AI participation across the selected workflow, including informal or locally adopted use that may not appear in existing process documentation.

02

What work and judgment it affects

Identify the analysis, estimates, reconciliations, reporting steps or review decisions to which AI contributes, and the degree to which that contribution shapes the resulting work.

03

Where the record no longer matches reality

Compare actual use with policies, procedures, ownership, review evidence and management explanations to isolate material documentation or control gaps.

04

What management should address next

Provide a prioritized set of observations, questions and practical next steps proportionate to the workflow and the exposure identified.

DESIGNED FOR

Finance environments where AI use is moving faster than the formal record.

01

Fund administrators and fund-accounting teams

02

Outsourced CFO and finance-operations providers

03

Finance-intensive private businesses

04

Organizations preparing for audit, investor or diligence questions about AI use

TYPICAL COVERAGE

One workflow, examined end to end.

A

Workflow and AI-use inventory

The systems, tools, prompts, outputs, handoffs and review points involved in the selected process.

B

Finance and reporting impact

Areas such as valuation, NAV, investor or management reporting, journal entries, reconciliations, estimates, accruals and management review.

C

Documentation and control readiness

Policies, procedures, evidence, ownership, approval and the organization’s ability to explain how AI affected the work performed.

Scope boundary

The AI Lite Scan is an initial diagnostic review. It is not an audit, attestation, legal opinion, cyber-security review, model validation or full AI-governance implementation. Any broader work is scoped separately after the initial findings are understood.

Start with the workflow management most needs to understand.

Request an AI Lite Scan