The AX
Exception component is a web-based application that allows audit teams to easily and automatically distribute exceptions found during data analysis testing to multiple business stakeholders throughout the organization. In addition to improving audit team efficiency, the built-in and customizable workflow management system allows users to manage the distribution, assignment, escalation and remediation of each exception, ensuring that no exceptions "fall through the cracks."
Provide more value to the business
For audit teams seeking to deliver more value, an end-to-end exception management system allows audit teams to directly add value to an organization's bottom line by reducing revenue leakage, maximizing revenue capture and uncovering operational inefficiencies.
Remediate issues quickly
The timely resolution of exceptions reduces the negative impact on the business from fraud, errors and operational inefficiencies. AX Exception can be configured to monitor the entire remediation process for quicker audit closure.
Support continuous auditing and monitoring
AX Exception supports continuous auditing and monitoring initiatives by automatically distributing exceptions found during continuous analysis to appropriate business stakeholders.