Radius Passes Its First Audit with Zero Findings

Investors and Auditors Move Faster When the Books Are Clean. Radius Walked into Its First External Audit with Nothing to Reconstruct and Nothing to Hide.

Ahead of a growth round, the healthcare platform had never been audited. The finance team expected weeks of gathering evidence, rebuilding schedules and answering questions about historical entries, all while diligence ran in parallel. Rather than prepare for the audit as a one-off project, Radius decided to build controls into its daily work.

Approvals That Leave a Trail Automatically

Every spend approval now happens inside Euphoria's workflow, creating a record of who agreed to what, when and under which policy. Auditors can trace any expense back to the original decision in a few clicks, without anyone digging through email threads or chat history for proof.

Logs That Answer Questions

Every change to a transaction, exchange rate or account mapping is logged with the user and timestamp, so the history of any number is visible to anyone who needs it.

Role-based access shows exactly who can post, approve and export, and segregation of duties is enforced by the platform rather than by memory. When the auditors asked for an access review, the team exported it in minutes instead of compiling it by hand across systems.

Period locks prevent silent edits to closed months. Any correction after a close is posted as a visible adjustment in the current period, which gave the auditors confidence that historical figures had not drifted.

Reports That Match the Ledger Every Single Time

Board reports are generated from the same reconciled data the auditors test, so there is no gap between what management presents and what sits in the ledger. Supporting schedules export directly from the system in the format requested.

Continuous controls replaced the usual pre-audit scramble. Exceptions are flagged as they happen and resolved the same week, which meant the team entered fieldwork with a clean ledger instead of a long list of open items.

Zero Findings and a Faster Path Through Diligence

Radius closed its first external audit with zero findings and no adjustments, an outcome the finance director had not expected for a first-time engagement. The auditors asked fewer questions than ever.

The same evidence trail that satisfied the auditors also sped up the growth round. Investors received data-room schedules straight from the system, and diligence finished three weeks faster than planned. The controls now run quietly in the background, so the next audit will feel like an ordinary month. As the finance director puts it, every number traced back to its source and nobody had to reconstruct anything.