Introducing Automated Audit®
Get better audit results, save money, and release your financial team from audit preparation.
Is your audit team bogged down by unwieldy spreadsheets which lack drill-down data, and obfuscate problem areas? Struggling with ever growing data volume and complexity, and concerned with the risks of manual sampling? Constrained by the limited availability of experienced auditors, and challenged with getting newer team members up to par quickly?
If any of the above sounds familiar then your organization may be ready to incorporate analytical tools into your internal audit plan. Discover how Automated Audit® can alleviate these problems and provide your team with the tools and confidence they need to succeed.
View Your Audit Data From Every Angle
A Data Facet™ is our term for an automated validation activity within the Automated Audit® Software that can detect material misstatement or fraud at the assertion level. The different assertions of balances are: existence, rights and obligations, validity, and completeness.
Automated Audit covers an expanse of Data Facets. Preview a handful of our most popular Data Facets below, or reach out to us for a full list of Data Facets included with Automated Audit.
to General Ledger
Physical Inventory
Count
Liabilities
on Inventory Valuation
Report
Orders to Invoices
Billed
Audit large data sets with ease.
Auditing large data is difficult and generally must be done by sampling. Unfortunately, sampling carries inherent risks; The “bad” data can be in a section that wasn’t sampled, or a larger trend was missed because the sample wasn’t representative of the full data set.
With a direct connection to the ERP database, Automated Audit® software allows for analysis of the complete data set, not just a sample size. The software handles more volume, more frequently than can be done manually, resulting in more comprehensive coverage, and no unpleasant surprises during your external audit.
Utilize Automated Audit software to encourage continuous improvement of your control environment, and be confident in the level of assurance you are providing to stakeholders.
Automation Software for your Audit Plan.
Take charge of this year’s audit plan by incorporating automation into your organizations internal audits and experience the impact of robotic process automation firsthand.
Streamline tedious manual tasks to save time and money and let your skilled professionals focus on areas of compliance and analysis that best serve the business’s forward momentum.
Learn about our Robotic Audit Readiness Assessment, offered by the Crystallize Analytics® team, for a one-on-one session to review how your organization may benefit from automation.
