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Analytics

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"Analytics themselves
don't constitute a
strategy, but using them
to optimize a
distinctive business
capability certainly
constitutes a strategy."
Competing on
Analytics: The New
Science of Winning
- Thomas H.
Davenport and Jeanne G.
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We have developed
a suite of applications under the
registered name
aimed at harnessing the power of
analytics to extract hidden value
from data.
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We use the following
framework to assess and help
you improve your internal
analytics capabilities.
The Framework is based on
Four Guiding Principles:
Is the Data Reliable?
We assess your data
governance and data
integrity processes.
What Happened?
Descriptive Data Analysis
techniques answers this
question.
Why did it Happen?
Data Modeling and Validation
techniques answers this
question.
What will Happen?
Predictive Data Modeling
answers this question.
Contact us to help you
improve your analytics
processes.
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There may be times when you
need a set of data analyzed
urgently or perhaps
transformed into another
format. Our specialized
tools and techniques can
help you create insightful
graphics, summaries,
classifications, statistical
samples, etc.
We can convert pdf files,
print image files and other
data file formats into a
form that can be analyzed in
Excel, Access, or other
application.
We use tools like Monarch
and Tableau, to quickly
extract data from
hard-to-read formats.
Call us for a quote. We can
process data in our secure
data processing lab or at
your premises.
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As long as an auditor has
access to a client's
computerized records, and
has an appropriately
configured computer with
suitable audit software,
many existing audit tasks
can be carried out with
enhanced quality and
increased speed, resulting
in lower costs.
Computer technology provides
the auditor with new
opportunities to perform
audit steps that are not
feasible in a manual
environment.
Benefits:
We assist internal audit
departments get up to speed
with using analytics to
improve the effectiveness of
their audits, be more
efficient and reduce risks.
We offer hourly based
consulting services and also
a two-day workshop, designed
to examine your current
audit areas, identify
opportunities where
analytics can play a
significant role, and
develop a comprehensive plan
to implement an analytics
program that incorporates
training, audit test design
and implementation and
ongoing support.
We are skilled in ACL and
IDEA.
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“Only 15% of the market
value of an enterprise resides in tangible
assets, while 85% rests in intangible assets
- the largest part of those intangibles
being information” - The Brooking Institute
1992 & Lev Analysis of S&P500 companies
(1998) |
Our analytics services
provide high
impact on the bottom line:
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Opportunities to improve
future cash
flow by
preventing further cash
leakage,
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Productivity gains
through controlled
management of risk,
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Opportunities to clean
up vendor, customer,
inventory and employee
master files,
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Opportunities to recover
cash from vendors which
have been paid more
than
once,
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Opportunities to
negotiate better terms
from suppliers,
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Provides a method for
continuous monitoring
activities as envisaged
by
SOX and NI 52-109.
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