Audit, risk, and compliance teams struggling to gain access to transactional SAP data necessary to test controls and ensure regulatory compliance under Sarbanes-Oxley now have a new solution at their fingertips, with ACL Audit and Financial Control Solution for SAP ERP.

Designed for integration with ACL's data analysis and audit and compliance management software, the new Audit and Financial Control turnkey solution includes analytic scripts that leverage Direct Link and data models tailored for SAP ERP. By combining this with consulting services, the burden on IT teams can be reduced through enabling direct self-service, SAP-certified data access to individuals within each department.

“There are countless barriers to effectively auditing SAP ERP data, such as delays with obtaining IT department assistance, difficulty in determining the most relevant data, and a lack of technology to analyze massive volumes of data,” said Keith Cerny, ACL's vice president of research and development. “Our new offerings break down the walls for auditors, risk management, and compliance professionals, allowing them to directly access information that they previously would have had to obtain through IT.”

In addition to empowering productivity via pre-packaged SAP expertise, users are able to:

Eliminate roadblocks typically associated with exporting data held within SAP systems;

Expand the scope of audits for increased coverage and assurance;

Uncover key information hidden in SAP data, reducing costs and increasing compliance;

Generate faster results with less effort; and

Deliver credible governance, risk management, and compliance by effectively leveraging analytics.

Having the ability to easily access and analyze this information in order to identify trends, anomalies, and gaps in business processes helps reduce operational risks, minimize profit erosion, and mitigate fraud risk.

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