For organizations hitting the $1M federal funding threshold
Just hit $1M in federal funding? We'll get you audit-ready in 15 minutes
Your first Single Audit doesn't have to be stressful. We've helped 764+ organizations pass with confidence.
Single Audit Readiness
Setup Complete: 15 minutes
What to expect in your first Single Audit
When It's Required
Single Audits are required when you spend $1M+ in federal awards during your fiscal year. This applies to most federal grants and contracts.
What Gets Reviewed
Auditors review compliance with 2 CFR 200 (Uniform Guidance), including procurement, allowable costs, time and effort reporting, and financial management.
Most Common Findings
- • Timeliness (55.4% of organizations)
- • Documentation (32.6%)
- • Procurement standards (8.1%)
Timeline
Average audit takes 2-4 weeks if you're prepared. With ProcurementExpress, audit prep takes just 4 hours instead of 3 weeks.
Audit-Ready Procurement From Day One
Complete documentation and compliance controls built into every purchase
Complete Audit Trail
Every PO approval, revision, and communication automatically captured and organized
- Full approval chain with timestamps and approver names
- All revisions tracked with change history
- Email communications linked to each PO
One-Click Audit Reports
Generate complete audit packages with all required documentation in minutes
- PO reports filtered by grant, date range, or vendor
- Attachment reports with all supporting documents
- Export to Excel or PDF for auditor submission
Invoice Matching & Delivery Tracking
Three-way matching between PO, delivery, and invoice ensures accuracy
- Match invoices to PO line items automatically
- Track partial deliveries and backorders
- Flag discrepancies before payment
Document Capture (OCR)
Intelligent document scanning via Mindee extracts data from invoices and requests
- Scan invoices and auto-populate PO fields
- OCR for purchase requests speeds up data entry
- Store all documents with searchable metadata
Comprehensive Reporting
Pre-built reports for every audit requirement with drill-down details
- Spending by grant, vendor, or category
- Vendor compliance reports with verification status
- Budget vs. actual with variance analysis
Attachment Management
Centralized document storage with instant retrieval for audit requests
- Attach quotes, invoices, contracts to each PO
- Required attachment rules before approval
- Download all PO attachments in one ZIP file
From Setup to Audit-Ready in 15 Minutes
No IT department needed - start documenting properly today
2 min
Connect QuickBooks
Import your chart of accounts and federal award codes automatically
8 min
Map Federal Awards
Identify your grants and set up budget tracking by funding source
5 min
Set Approval Workflows
Define approval chains based on thresholds and grant requirements
Ongoing
You're Audit-Ready
Every purchase automatically documented with complete audit trail
Real Impact on First-Time Single Audits
Documentation (32.6% fail rate)
Complete PO audit trail with one-click reports - 4 hours vs. 3 weeks
Timeliness (55.4% fail rate)
Payment tracking and approval workflow reminders prevent late payments
Procurement Standards (8.1% fail rate)
Built-in threshold compliance and competitive bidding tracking
Budget Overruns (Questioned Costs)
Real-time budget checks prevent unauthorized spending before it happens
764 organizations passed their Single Audit with zero procurement findings