In this issue: +++ The Worst Job in the World? +++ Workday Risk Exposure +++ Audit Violations +++
Many of our clients around the world are moving to a multi-vendor landscape for ERP with SAP or Oracle being the dominant central system of finance record, with a surround of increasingly cloud-based, enterprise application components such as Workday. These applications still require an assessment and targeted action plan from a risk and control perspective.
You can learn more here
There is sustained pressure for financial reporting to be squeaky clean but manual controls and checks are not reliable enough to achieve this. The APQC Survey shows that the greater the proportion of controls that are automated, the fewer the controls violations. No surprise there then! But the survey shows some interesting correlations that you might want to benchmark against!
Click here to read the full findings, and you may also want to see our survey results on the actual (surprising!) percentage of controls that are automated in ‘The Landscape of Internal Controls’ here
After attending the 2016 Compliance Week in Washington, Considers CEO Dan French shares some musings on the state of risk, audit and compliance in ‘What is the Worst Job in the World?’
Find out what his conclusion was here
Hear the insights and experiences on the journey to greater standardization, visibility and control with SAP enabled business processes. It was refreshing to hear about the higher than anticipated cost savings achieved as well as improved analytics, risk reduction and enhanced compliance.
The best practices and lessons learned that were shared were relevant to anyone at any stage of an ERP standardization or optimization project.
If you missed this event, you can view the recording here