ACL software features robust analytics that enable organizations to assure transactional data accuracy, completeness, and integrity, providing a single point of view into enterprise data.
Through a unique and powerful combination of data access, analysis and integrated reporting capabilities, ACL software reaches data from virtually any source, across any system, through a consistent user interface — whether housed in mainframes, servers, legacy systems, or PC networks.
By independently comparing and analyzing data from ERP, CRM, SCM, or other enterprise applications, ACL technology enables audit, financial, and controls professionals to gain immediate insight into the transactional data underlying their business processes and financial reporting. |
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The key distinctions of ACL data analysis technology include :
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Enterprise-wide data access – Leverage the critical data housed in multiple ERP systems, legacy systems, or customized applications to conduct the in-depth analysis necessary in today’s complex business and regulatory environments. With seamless, independent data access, save time and reduce the need to request data extracts from busy IT departments. Analyze data at the source level, assuring data quality and integrity are maintained.
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Ability to analyze high transaction volumes – Take advantage of the unlimited file size capability and unprecedented speed of ACL technology to analyze 100% of required data — every field and record of interest — and do so independently of the applications that actually process and record the transactions. See all the data, without relying on sampling or aggregated data that may have been altered in creation of data or business warehouses.
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Purpose - built analysis and reporting capabilities – Cut the time needed for audit and
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Compliance reviews with powerful, robust ACL analytics — ranging from simple classification
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Commands through to sophisticated tests and digital analysis. Compare data drawn from
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Disparate systems to gain greater insight, identifying suspicious transaction patterns, trends, anomalies, and control gaps or weaknesses.
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Efficiency, effectiveness, scalability, and sustainability - Automate critical analytic tests to improve productivity and efficiency, gaining repeatability and proof through a comprehensive audit trail.
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With market - leading ACL technology, organizations can better assure compliance, reduce risk and fraud, contain costs, minimize revenue leakage, and enhance profitability. Audit and controls professionals consistently rate ACL as the preferred audit - specific software for data analysis and extraction, fraud detection, and continuous monitoring in The Institute of Internal Auditors annual software survey.
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