• Detect and prevent fraud, waste and errors
• Identify segregation of duties issues
• Gain prompt notification of control breaches
• Drill down to exceptions for quick resolution

Continuous Monitoring is the method that a business process owner or management uses to ensure that internal controls related to business activities and financial reporting are working as intended. By providing perpetual assessment of key controls and insight into transactions, continuous monitoring can help organizations quickly identify issues that significantly impact the bottom line.

The implementation of continuous monitoring technologies to ensure financial and operational integrity is one of the fastest growing areas of internal control validation. ACL solutions provide clarity by identifying individual transaction anomalies and summarizing the actual control exposure.

In addition, we offer a new exception management component. AX Exception enables exceptions found by audit to be passed seamlessly to the business stakeholders responsible for determining the cause, and correcting the control exceptions. Making it much easier to take this best practice from theory to reality.

The increasing cost of reviews to ensure internal controls effectiveness are pressuring organizations to find cost effective, reliable alternative techniques to validate control performance. Continuous monitoring improves operational efficiency and very often, bottom-line results.

Contact an account representative for more information.