New Visualization Capabilities Allow Audit, Risk, and Compliance Professionals to Deliver Data Interpretations That Matter to the Business
VANCOUVER — September 4, 2014 — ACL, the company that is transforming audit and risk, today announced new releases of its flagship data analytics software, ACL™ Analytics 11, and continuous monitoring solution, ACL™ Analytics Exchange 5, along with a suite of complementary subscription services. The new product capabilities directly address the most commonly-cited challenge faced by audit, risk, and compliance professionals looking to add value in their own organization, making the results of their work easily understandable to senior management.
According to a recent survey of more than 1,300 Finance, Audit, Risk and Compliance executives, placing work in an executive context that conveys the value to executives was cited as the single biggest challenge for ACL’s customer base in 2014.
“Our vision is to create a world where auditors and other GRC professionals are the organization’s most sought-after people,” said Dan Zitting, VP of Product Management and Design at ACL. “When we ask our customers about their challenges they consistently tell us, ‘make me more productive, faster, and help me put my work into a format that management easily understands.’ This new product release—our biggest in more than a decade—is all about helping ACL-enabled professionals generate and then demonstrate value within their own organizations.”
ACL Analytics and ACL Analytics Exchange help organizations analyze massive volumes of transactional data to help protect the bottom line by identifying control deficiencies such as fraud and revenue leakage. The new versions boost analytic script performance speeds by 20%, and integrate advanced data visualization capabilities into Analytics Exchange so users can visually explore and share their findings with business stakeholders.
New subscription services for ACL customers include:
* ScriptHub – Accelerate data analysis efforts while augmenting scripting skills by leveraging this valuable library of pre-built analytic tests gathered from 25 years of ACL best practices.
* Results Cloud – Remediate, track, and follow up on exceptions. Quickly broadcast data analysis accomplishments to stakeholders via the cloud for increased collaboration, easier investigation, and more intuitive interpretation via beautiful charts and graphs.
* ACL Academy – Conveniently access a wide range of online training resources to help increase product knowledge and domain expertise.
“The latest releases within ACL’s product suite are extremely impressive, as the data visualization capabilities help me take something very complex and easily explain it to my stakeholders,” said Anna Cuson, Senior Internal Auditor at Self Regional Healthcare. “I have insight into components of the business that simply weren’t accessible before, so it’s a great value-add.”
Register for ACL’s upcoming webinar on Thursday, September 18, to experience the exciting new services first-hand. To register, click here.
To learn more about ACL’s high performance data analytics software with new visualization and collaboration capabilities, click here.
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ACL delivers technology solutions that are transforming audit and risk management. Through a combination of software and expert content, ACL enables powerful internal controls that identify and mitigate risk, protect profits, and accelerate performance.
Driven by a desire to expand the horizons of audit and risk management so they can deliver greater strategic business value, we develop and advocate technology that strengthens results, simplifies adoption, and improves usability. ACL’s integrated family of products—including our cloud-based governance, risk and compliance (GRC) solution and flagship data analytics products—combine all vital components of audit and risk, and are used seamlessly at all levels of the organization, from the C-suite to front line audit and risk professionals and the business managers they interface with. Enhanced reporting and dashboards provide transparency and business context that allows organizations to focus on what matters.
And, thanks to 25 years of experience and our consultative approach, we ensure fast, effective implementation, so customers realize concrete business results fast at low risk. Our actively engaged community of more than 14,000 customers around the globe—including 89% of the Fortune 500—tells our story best. Here are just a few. Visit us online at www.acl.com.