Data analytics is changing the game for audit, accounting and finance professionals worldwide. When analyzing data, whether you’re detecting fraud or anomalies, trends or patterns, you need a solution that delivers error-free, high-quality results.
With Caseware IDEA data analysis, users can use powerful and automated analytics tools without wasting more staff time
Nowadays, more and more companies continue to improve their business processes and the quality of their data, and now your team has the opportunity to deliver even greater value through data analytics capabilities. Assess control effectiveness, mitigate risk, and identify critical trends with data analytics. By automating procedures for analyzing transactions from the general ledger, accounts receivable, inventory, fixed assets and accounts payable, etc., it becomes possible to analyze 100% of transactions, ensuring that you provide the information that your stakeholders need. Caseware IDEA’s integrated package increases the productivity of internal audit teams by enabling you to:
Due to the variety and large volume of data during the audit, there are difficulties with quick and effective analysis. Finding misstatements during audit procedures can seem difficult. Effective auditing is hindered by unstructured data that is not recorded as rows and columns but in an unstructured form, such as written reports in pdf format, information on third-party sites, information notes, etc., and data from multiple sources. With Caseware IDEA, you can validate different data sources as if they were a single entity and verify 100% of transactions. Data analytics contributes to the success of your audit firm by enabling you to:
Caseware IDEA helps government agencies manage finances and IT solutions, receive deep data insights, and automate ongoing data analysis. This allows you to eliminate blind spots, stop improper payments and manage payments on time and within budget. Accelerate analysis with data analytics to:
