Valid8: The Right Tool for Bank Statement Analysis

By Ginny Christie

Capstone is a team of experts with extensive forensic accounting experience. In order to provide our clients with the highest level of service, especially with aggressive timelines and at the most cost competitive rates, we apply the best software and tools for each engagement. One such tool, Valid8 Financial Software (“Valid8”), is especially helpful for accelerating our process of bank and credit card statement analysis.

Valid8 Financial Process Map

Valid8 provides many benefits to our clients, but the most crucial is the timely ability to put transactions from a breadth of financial evidence, including bank statements, credit card statements, printed and handwritten check copies and deposit slips, into an electronic format that helps our team spend more time on high-value analysis activities instead of data entry. It also helps to quickly identify missing, inaccurate, and incomplete data which in turn can help identify additional accounts to subpoena, as well as potentially fraudulent activities faster.

Valid8 Financial Inventory Page

Statement inventory identifying gaps and reconciling errors visually.

Valid8 Reconciliation Page

Reconciliations provide independent verification of all extracted financial data.

Ginny Christie recently worked with Valid8 on a case study where their software was used extensively. We have years of experience utilizing Valid8’s software in financial and fraud investigations. Please contact us if you would like further information about how we can help you with your financial or fraud investigation.