| Why ACL AuditExchange?
- Share audit information in a centralized environment
- Allow team members to focus on areas of expertise
- Preserve audit knowledge even when people leave
- Decrease risk and provide assurance through deeper audit coverage
- Reduce duplication of efforts by sharing repository of work
- Oversee analysis and results in a centralized environment
- Discover more fraud, error and abuse by reviewing more data, faster
- Improve job satisfaction by completing data analysis tasks faster
- Find more time to focus on audit analysis
- Increase audit coverage with easier data access, automation and shared workload
Purpose-built for the entire audit team
Unlike anything else available on the market, ACL AuditExchange is specifically designed to deliver on the analysis and testing objectives of internal audit's mandate. A centralized solution, it scales to the needs and size of an audit department and addresses the analysis requirements of each team member, whether conducting ad-hoc, repetitive, or continuous analysis.
With AuditExchange, every member of an audit team can access all the data sources they need, including access to very specialized formats. Using AuditExchange improves audit coverage so auditors can uncover more valuable findings and deliver independent and objective assurance about the activities of the business.
Audit data repository
As a managed analytic platform, AuditExchange enables the creation of an audit data repository, a centralized and secure hub to store and share data sources, audit tests, results and findings and other analytic information across the team. This information can be reused, thereby reducing duplication of efforts, which results in improved productivity and teamwork across the department.
Increase productivity by sharing and automating analysis
With ACL AuditExchange, your team can automate critical analytic tasks to dramatically increase productivity. Proven audit tests created by one or more of your team members can be stored, managed and run in a central audit repository along with data sets, sources, tables and scripts. Since the repository is accessible by everyone on the audit team, existing audit work can be reused and repurposed, which cuts down on duplicate efforts. Your team can focus on more value-add activities and increase audit coverage.
Something for everyone
With AuditExchange, you'll get a desktop license for the entire audit team so everyone can use the power of audit analytics to capitalize on their individual area of expertise. ACL AuditExchange provides relevant capabilities for each team member to complete high quality audits faster: data access for data specialists; query and analysis tools for analysts, and organizational tools to oversee and complete high quality audits
Capture and preserve skills
AuditExchange helps capture and retain audit knowledge within an organization, reducing knowledge drain from employee change and turnover. It enables your new audit staff to learn the ropes efficiently and become productive quicker thereby shortening audit cycles and completing more value-add activities. Senior audit members are able to review the work of less experienced team members easily and to validate their work to ensure consistency and quality.
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