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  Audit through Automation
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assurance 2013
Anti-Fraud Measures : Methodologies and Challenges
New Delhi

assure_internal audit.jpgIndustries are facing tremendous pressures like society conformation, technology innovation and market competition. These three forces describe by Boyett and Boyett, (1995) catalyzed an organization to initiate goodwill responses, improve their technological platform and invent systems to automate their operational processes. These are efforts contributed to retain their competitive edge thus preserving their existence. The challenge of retailing is to strike the balance between cost optimization and maintaining the level of service. The trade-off between these factors is a dynamic one and retailers have to endeavour to strike a balance towards it all times. Technology has become the basic fabric of the retailing industry today. Perhaps the most important fact is that retailers who do not understand the ways to use technology for competitive advantage will be left out in the competition.

Our solution focuses to manage the following Retail business critical areas:

Cash and Carry Analysis
Taxation and Finance Reporting
Purchasing Management
Demand Forecasting
Performance Evaluation
Inventory Management
IT Infrastructure monitoring – CCM basis.
ERP Systems

Our solution helps the users to experience the following benefits:

External / Internal Auditing
Fraud Detection
Continuous Monitoring
Operational Analysis
Data Migration
Data Harmonization
Users can also have following technically advantages to their respective audit and workings:
Gather information for decision-making
Retain data integrity – READ ONLY
Process data from different systems
Process large files rapidly
Test 100% of data, rather than sample
Automate analytical procedures
Maintain records of your work
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