How to monitor what happens in less time

Published | Monday, November 16th, 2015


Smart Internal Auditors know how to monitor what matters

All organisations produce a large amount of data on a daily basis. Whilst this data contains insightful and useful information, many organisations don’t know where to even begin when it comes to analysing and using this information to their advantage.

Your organisation may be one of the lucky ones that employ a data analyst or data scientist within their internal audit team. Someone who knows and understands where all of the information sits, how access it and what it all means, but what happens if they leave and take their skills and knowledge with them? Or you may work for one of the many unlucky organisations that doesn’t know how to recruit someone with such niche skills,  and if they do can they afford this additional salary in the current financial climate?

With ACL Essentials we provide plug and play best practice intellectual property that allows internal auditors to analyse 12 key business processes that save time and protects your organisations hard earned money. With an easy to use click and view interface and tests that can be run on an automated schedule, you are able to identify suspicious activity, errors and exceptions. ACL Essentials provides an unparalleled look into the business transactions underlying the existing organisational processes. All Internal Auditors now have the ability to monitor all transactional data, all of the time, to identify and remediate control breaches and risks, as well as find opportunities for operational improvements that ultimately lead to cost savings.

>>> Take a look at the tests that make up ACL Essentials. These tests are all built on world-leading ACL technology. They are pre-built process-ready test that can monitor all of the transactional data with very little human intervention. ACL Essentials monitors these key business process areas;

  • Accounts Payable
  • Accounts Receivable
  • Fixed Asset Management
  • Cash Disbursements
  • Conflict of Interest
  • General Journal Analysis
  • Human Resources
  • Purchase Order Management
  • Salaries & Payroll
  • Sales Analysis
  • Stock & Inventory Management
  • Vendor Management

 

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