About the client
The client is an audit, tax, and consulting firm headquartered in Kuwait, providing services across audit and assurance, technology advisory, analytics, tax, corporate finance, internal audit, risk consulting, and sustainability.
With large volumes of asset records and audit documentation, the firm required a modern, automated platform to streamline fixed asset verification, improve audit readiness, and reduce operational overhead.
Client challenges
Fixed asset verification and documentation depended on manual data collection and spreadsheet-based records, resulting in high operational overhead, delays, and inconsistencies. The absence of standardized documentation workflows impacted IFRS compliance readiness, while manual invoice and asset register validation made audits time-consuming and error-prone. Fragmented records further limited visibility and control across asset portfolios.
These challenges slowed audit cycles and reduced confidence in asset reporting. To improve audit readiness and documentation accuracy, the firm required a centralized, automated asset verification platform.
Solution
LevelShift implemented an intelligent fixed asset documentation and verification platform using Power Platform and automation technologies.
- Built a Power Apps–based application with structured digital forms for each work paper
- Integrated OCR and parsing logic to extract key data from PDFs, Word, and Excel files
- Applied predefined validation rules to auto-flag discrepancies and highlight mismatches
- Enabled side-by-side comparison of extracted data with source documents for faster review
- Automated export of validated data into standardized Excel templates for audit reporting
- Integrated Power Automate and SharePoint for secure workflows and document management
This solution replaced manual documentation with a governed, audit-ready digital platform.
Benefits
- Automation reduced manual work by 40% and minimized administrative overhead.
- Intelligent validation improved data accuracy by 35% across asset documentation.
- Side-by-side validation accelerated document reviews by 50%.
- Standardized, IFRS-aligned documentation strengthened compliance posture.
- A single platform improved visibility, control, and audit traceability.