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:
“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.
(Source: ACL Blog)