Controls are the insurance policy that protects your organisation. It is up to audit, finance, risk and compliance teams to be on top of instances of control weaknesses and protect the bottom line. Blind spots have long-term damaging effects that can take years to recover.
ACL Analytics Exchange is a highly flexible server-based technology that helps organisations conduct ad-hoc and repetitive analysis right through to continuous transaction monitoring. Centralised data extractions, analysis and collaboration drives team efficiencies, improves quality of work and promotes best practices while protecting your organisation against blind spots.
AX runs 24/7 in a secure server-based environment, allowing teams to schedule or process any test at any time. Data, results and analytic scripts are stored and deployed centrally, dramatically increasing sharing and consistency. Access can be granted to individual team members based on their individual permissions – tightening your business controls.
New Features and Functions of AX4
Archive and RestoreArchive engagement and projects for future. For recovery or re-use and re-purpose – reduces storage resources on server (IT) with 90% compression as ZIP file with all meta data; enables version control of engagements.
Schedule Analytic ChainsReduce manual effort by creating a sequential chain of analytics – allows for email notification if one fails and enables others to continue; cleaner, simpler execution process.
Easier and Faster to Manage ResultsDisplay analytic results in tabular format, enabling for easy searching of engagement name, start date, end date, etc.
Improved InstallationMore guidance through process to ensure accuracy and completeness; post-install log which enables faster troubleshooting if needed.
Application Programming Interface (API)The IT department can use the API to integrate AX into their own enterprise systems such as an IT Asset Management tools. This will enable the IT department to remotely perform AX functions including administering access permissions, scheduling and running analytics test at off-peak hours.
Choose the Ideal Solution for Your Business
AX technology powers two discrete solutions. The Data Analysis for Teams solution allows organisations to analyse data and uncover what has happened so remediation can occur. The Enterprise Continuous Monitoring solution, empowers companies to continuously monitor the health of their controls and proactively look for gaps.