Although the use of audit technology for analysis and preparation of audits has become widespread in recent years, many organizations rely on certain members of the audit team for specialized knowledge and skills.

Are you vulnerable if your analytics specialist leaves?
Reliance on specialists often leaves audit teams vulnerable when key members of the team leave the organization or get redeployed.

ACL AuditExchange 2 is making audit analytics a team sport.
Our new business assurance platform enables audit teams to manage and store all audit content including working papers, analytics and results in a secure, central repository accessible by authorized team members, anywhere, at any time.

We have also made analytics much easier to use, so more people will use them more often. Using a web-based viewer, any user can easily perform common analysis tasks such as group, sort and filter and they can run analytics stored in AX Core by technical specialists.

ACL has developed a more technical viewer for your analytics specialist with ACL Desktop experience: AX GatewayPro allows users to create audit engagements within AX Core and then manage and import audit content. This includes importing data, analytics and results as well as managing user access rights to this content. To support continuous auditing, analysis can be automated through AX GatewayPro.

ACL technology empowers teams to collaborate
ACL AuditExchange allows analytic specialists to share their skills with the rest of the team. Projects, data, data definition and dictionaries, standard test libraries, and test results can all be stored in a centralized, secure server-based environment. Scripts capturing repetitive tasks can be made available to all team members.

This collaborative approach extends beyond the internal audit department. Because ACL technology allows direct secure access to data, the burden of creating and updating data extracts for the audit teams is removed from the IT department. Additionally, as the data remains in the secure server environment, adherence to security and data administration standards – a key IT objective – is maintained. And with AX Exception, audit can distribute, track and escalate exceptions found during analysis to other parts of the organization.

Team Collaboration in Action
Learn more about how BNP Paribas deployed ACL to create a collaborative environment for its 950 auditor spread across 30 countries. By building a global database of policies and rules that can be applied to any investigation based on the specific requirement of the particular business, the company has been able to share its audit best practices with its auditors worldwide. Read the BNP Paribas success story to learn more!

Thanks to ACL solutions, Siemens Corporate Finance has employed automation and standardized data formats shared among audit team members to cut costs by 70% while achieving total audit coverage on payment transactions. Read the Siemens Corporate Finance success story to learn more!