A commissioned study conducted by Forrester
ACL provides governance, risk, and compliance (GRC) management software for assessing risk, executing projects, continuously monitoring data, managing process documentation, and creating reports and dashboards for business visibility. While it’s easy to understand the value in the ability to quickly pull reports from various data sources and give visibility to key audit performance metrics and overall risk management health, it’s more difficult for organizations to quantify these benefits in monetary terms and answer succinctly, “what’s the return on investment?”
This is why ACL commissioned Forrester Consulting to conduct a Total Economic Impact™ (TEI) study – we wanted an objective third-party research company to take a deep dive into how the ACL platform has impacted a real customer. This case study aims to provide readers with a framework to evaluate the potential financial impact of ACL’s platform by improving transparency in internal and external auditing processes.
Some key findings from this case study include:
- An ROI of 402% (over 3 years)
- A 33% improvement in number of audits completed
- A 50% reduction in the amount of time it takes to complete audits
- Ability to reallocate 2 full-time audit employees to under-resourced areas