The power of internal controls and the benefits of automation
Can you imagine not worrying about compliance rules, data security, and passing your next audit?
Internal Controls are the rules and processes put in place to mitigate a range of risks that can arise within an organization. They help to ensure the organization's goals and objectives are met.
Internal controls, among other things, maintain your data safety and compliance with pertinent regulations. Additionally, internal controls are used to maintain accountability and safeguard your ERP against fraud and data theft. Once established, internal control automation allows you to embed the rules and processes that make up your internal controls so that they function unassisted.
Automated controls don’t just make things easier and safer. Automated controls enhance your financial control posture and workflow. Additionally, they improve your overall operational efficiency.
Join industry experts, Sean Coady, Craig Johnson, and Adil Khan for this 1-hour session and learn:
∙ What are internal controls and why are they necessary
∙ Types of internal controls - detective, corrective, preventive
∙ Methods of internal controls – manual, automated, semi-automated
∙ Automated vs manual
∙ Benefits of control automation
∙ Case Study and solutions