ARBUTUS CONTINUOUS MONITORING & AUDITING SOLUTIONS
Many groups have identified some type of automated/scheduled testing as being part of their analytics strategy. Systematic testing of internal controls is the proactive way for audit, risk, compliance, IT, and financial professionals to gain timely insight into their business processes. Most organizations have embraced, to varying degrees, the idea of continuous monitoring of internal controls. But, it’s not without its challenges.
Although some type of audit specific analytics is being used in most organizations, the reality is that most organizations struggle with automating their analytics.
MOST ORGANIZATIONS NEED HELP WITH AUTOMATION
Recent survey by AuditNet shows that only 9% of organizations have fully deployed continuous monitoring. Many of the barriers that are sited for the lack of success in this area are addressed using Arbutus.
The goal is to make the gap between the idea and the reality of implementing and maintaining a monitoring solution as small as possible. Compared to existing controls monitoring solutions, Arbutus makes the gap significantly smaller and less daunting in the following ways: