Providing assurance that internal controls are working shouldn’t wait for a costly annual audit.
Finding the right balance between process controls and efficiency is key. Continuous control monitoring can create a stronger control environment, but getting started can often be a mystery.
Faced with the challenges of growing complexity of computerized systems, ever-growing volumes of transactions and increasing risk due to reliability on ERP automated preventative control measures, Darrel Matthews, Financial Processes & Controls Manager, City of Lethbridge, had a vision to introduce automated continuous controls monitoring within his department.
After embracing technology, the team is no longer buried in spreadsheets and have optimized everyday activities such as automating operations in their accounts payable department. They are also spending way less time on compliance calls and follow-up—efficiency is at an all-time high.
Watch the on-demand webinar and hear more about City of Lethbridge’s story.
Webinar: Vision to Reality:
How a City Finance team built in continuous controls monitoring
Continuous control monitoring can create a stronger control environment, but getting started can often be a mystery. Learn how Darrell Matthews, financial controls manager at the City of Lethbridge achieved his vision of implementing automated continuous controls monitoring. Since embracing technology, they are no longer buried in spreadsheets and have optimized everyday activities such as automating operations in their Accounts Payable department.