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What is Midship?

Midship is an AI-powered platform designed to automate SOX (Sarbanes-Oxley) testing and internal audit workflows. Built by a team with deep audit expertise, Midship addresses the challenge of manual, time-consuming compliance testing by using AI agents that autonomously execute audit procedures, extract supporting evidence, and generate fully documented work papers. The core capabilities include analyzing a company's risk control matrix (RCM) to identify controls ready for automation, performing tests on controls ranging from ITGC to manual financial reviews, and producing work papers that link every conclusion to source documents. Midship integrates with existing tools like Excel through an add-in, allowing auditors to review support directly within spreadsheets. The platform is trusted by public companies and aims to replace costly external consultants while maintaining audit quality. It fits workflows for internal audit teams, external auditors, and finance departments seeking to streamline compliance, reduce co-sourcing costs, and free up staff for higher-judgment tasks.

AI Tool Review Summary

Performance Score

4.5/5

Content/Output Quality

High, consistent, and well-documented

Interface

Clean and functional with Excel integration

AI Technology
LLMNLPDocument Parsing
Purpose of Tool

Automate SOX testing and internal audit procedures with AI agents.

Compatibility

Integrates with Excel via add-in, supports cloud or on-premises data storage, and works with various document formats.

Pricing

Freemium with paid tiers based on control volume

Features

Features with the highest value for users are highlighted here.

Autonomous SOX testing

Automated work paper generation

Excel add-in integration

Document parsing and classification

Support for ITGC and manual controls

SOC 2 Type 2 compliance

Flexible data storage options

Control automation rate analysis

Who Is It For?

Internal Audit Teams

External Auditors

Finance Departments

Public Companies

ITGC Auditors

Business Process Auditors

Compliance Officers

Small to Mid-size Companies

Consulting Firms

Risk Management Teams

Pricing

Free Trial

$0/free
  • Run 3 controls from prior cycle
  • Full work paper generation
  • Excel export

Starter

$1,000/monthly
  • Up to 50 controls per year
  • All control types
  • Excel add-in
  • Email support

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Pros & Cons

Pros

  • Automates up to 87% of SOX controls, significantly reducing manual work.
  • Seamlessly integrates with Excel and supports a wide range of control types.

Cons

  • Limited to SOX and internal audit use cases, not a general-purpose AI tool.
  • May require initial setup and validation to align with existing audit plans.

FAQs

Just Launched

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Rating

5.0

Pros

Cons

Quick Midship Comparision

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