New Solution Built Upon Datawatch Monarch™ Allows Users to Access, Analyze, and Extract Data Trapped in Static Reports
VANCOUVER, November 8, 2012 – ACL, the technology company that is transforming audit and risk management, announced today the launch of ACL™ Importer, an ACL™ Desktop 9.3 add-on that harnesses the proven capabilities of Datawatch Monarch™ from Datawatch Corporation (NASDAQ-CM: DWCH), the leading provider of information optimization software. ACL Importer enables data that was previously bypassed or overlooked to become a valuable asset, ultimately eliminating gaps in analysis by increasing data sources and coverage.
ACL recently joined forces with Datawatch Corporation to provide customers with the enhanced abilities available through ACL Importer powered by Datawatch Monarch. The new solution enables users to convert data from PDFs, print files, HTML files, and other content-rich data sources, such as financial statements, loan documents, and insurance claims, to a tabular format for analysis. In addition, by expanding the depth and breadth of transactional analysis, it improves usability and fraud detection.
“It’s amazing to hear that Datawatch Monarch capabilities are now part of ACL Desktop,” said ACL customer, Jeremy Clopton, CPA, CFE, ACDA, Managing Consultant, Forensics and Valuation Services at BKD, LLP. “The ability to extract and analyze data from PDFs is critical in my line of work. These capabilities will allow us to access relatively untapped sources of electronic data.”
“Audit, risk, and compliance professionals are in need of new technologies that allow them to deliver more accurate results and have greater confidence in their findings, which elevates the value they deliver to their organizations,” said Laurie Schultz, President and CEO of ACL. “ACL Importer is a cost-effective solution that fulfills this need by offering new visibility into corporate data, increasing productivity, and enhancing overall success.”
A webinar on November 29 will demonstrate how ACL Importer provides immediate visibility into critical corporate data and helps reduce effort while closing analysis gaps. ACL Product Evangelist and Technical Product Manager Shane Grimm will be hosting the 45-minute webinar and Q&A session. Register for “Closing the Analysis Gaps While Increasing Access and Coverage” at www.acl.com/closinggaps.
• To learn more about ACL Desktop and ACL Importer, visit www.acl.com/analytics
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ACL delivers technology solutions that are transforming audit and risk management. Through a combination of software and expert content, ACL enables powerful internal controls that identify and mitigate risk, protect profits, and accelerate performance.
Driven by a desire to expand the horizons of audit and risk management so they can deliver greater strategic business value, we develop and advocate technology that strengthens results, simplifies adoption, and improves usability. ACL’s integrated family of products—including our cloud-based governance, risk and compliance (GRC) solution and flagship data analytics products—combine all vital components of audit and risk, and are used seamlessly at all levels of the organization, from the C-suite to front line audit and risk professionals and the business managers they interface with. Enhanced reporting and dashboards provide transparency and business context that allows organizations to focus on what matters.
And, thanks to 25 years of experience and our consultative approach, we ensure fast, effective implementation, so customers realize concrete business results fast at low risk. Our actively engaged community of more than 14,000 customers around the globe—including 89% of the Fortune 500—tells our story best. Here are just a few. Visit us online at www.acl.com.
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Datawatch Corporation (NASDAQ-CM: DWCH) is a leader in providing information optimization products and solutions that allow organizations to deliver the greatest data variety possible into their big data and analytic applications. Datawatch provides organizations the ability to integrate structured, unstructured, and semi-structured sources like reports, PDF files, and EDI streams into these applications to provide a 360 degree perspective of the issues and opportunities that exist in their businesses. With more than 40,000 organizations worldwide using Datawatch’s products and services, including 99 of the Fortune 100, it is obvious that businesses of every type can benefit from the power and flexibility of Datawatch’s industry leading solutions. Datawatch is headquartered in Chelmsford, Massachusetts with offices in London, Munich, Singapore, Sydney and Manila, with partners and customers in more than 100 countries worldwide. For more information, visit www.datawatch.com.