Advantages of Data Analytics within an effective Control Framework

• Continuous Control Monitoring of electronic data
• Transactional Integrity
• Fraud Prevention
• Improved bottom line
• Purity, Accuracy, Reliability, Correctness of both, data and transactions

With innovative use of ACL technology, AUDITime offers the following solutions and services

• Continuous Control Monitoring Mechanism
• Data Migration Audit
• Forensic Analytics
• Managed Data Analytics (MDA) through onsite or offsite services

Continuous Control Analysis and Monitoring, Accuracy and compliance

 

• Complete verification of data
• Detecting compromises for data integrity
• Assuring correctness and controlling revenue leakage
• Continuous compliance with Sarbanes, Oxley, Clause 49, Basel II etc
• Capture expert's knowledge in scripts and save the same from attrition
• Create scripts based on best practices to standardize the audit practices
• Scale up from ad-hoc to continuous auditing and monitoring

Data Migration, Accuracy and Completeness  

• Identification of data corruption or data loss while migrating to new database
• Identification of financial loss incurred while migrating data
• Assurance that the old data has migrated completely and the new database is reliable

Forensic Analytics, Detection and Prevention

• Identification and quantification of financial fraud
• Identification of fraud footsteps (root or pattern)
• Identification of beneficiaries of fraud


Managed Data Analytics (MDA)
 
• Centre of excellence
• Offshore control monitoring from Indian COE
• Value benefit of cost arbitrage

Value Proposition

 
• Independent assessment of data integrity
• Assurance compliance of clause 49 and SOX by simple data analysis solutions
• Substantial productivity improvement
• Integrated analysis from diverse systems within or outside the database
• Low cost of MDA
• Experience of Global leader in business assurance (ACL Services Ltd. Canada)
• Proven record with fortune 100 company