Over 500 organizations responded to our Global Purchase to Pay/Source to Pay Survey. This was no small feat – our aim was to build a comprehensive, unbiased (by any specific product marketing agenda), truly global survey for those responsible for …

Identity Management has been on the corporate technology agenda for 15 years. ‘Giving the right people, the right access to the right things, at the right time’ (Gartner), has never been more relevant.

The number of corporate systems has exploded, …

Introduction

Arguably the cost of finance functions has halved over the last two decades while expectations have almost doubled during that time. A series of transformation programs (supported by armies of consultants) have implemented ERP systems, established shared services and …

We recently surveyed 150 organisations from around the world on the nature and implementation of their internal controls, with specific focus on those related to assurance over financial reporting (ICFR).

We gained some significant new insights. Yes, we suspected that …

KPIs in use today collect data that may relate to performance by typically do not drive performance. As such, KPIs can often prove to be detrimental to the overall success of the business and occasionally strategies centred around them can …

Compliance Week columnist, Jose Tabuena, looks at what’s new in the updated framework and highlights some of the things to look out for as companies transition to it.

To have the whitepaper in PDF format, download it here: Internal Auditors, …

Introduction & Recent History

The ‘Continuous Monitoring’ of financial and operational processes has been discussed and written about for some years.

Continuous Monitoring (CM) is a detective, preventive and even predictive data-analytics-based feedback mechanism used by management to ensure that …

Let’s start from the assumption that you have a Continuous Monitoring solution up and running in your environment with all business critical systems connected. A risk-based assessment of the main authorizations has been conducted, defaulting from industry standard rules, and …

 A Timely Update

The recent 2013 update of the Internal Control Framework issued by the COSO was a major event followed by standard setters and publicly held companies. The original COSO framework published in 1992 became a widely accepted internal …

Key Performance Indicators and Key exception Indicators

The measurement of the overall process outcomes alone will not tell you anything about how your processes are actually doing. Yes, it sounds counter-intuitive. The fact is that although Key Performance Indicators (KPIs) …