Intelligent Tech Channels Issue 53 | Page 49

INTELLIGENT SOFTWARE

Caseware Africa continues to expand with Caseware IDEA

F ollowing on from the 2020 launch of Caseware IDEA – the powerful comprehensive data analysis solution – Caseware Africa , a division of Adapt IT , has announced the expansion of Caseware IDEA to the Southern Africa market for internal audit , governance , risk , compliance and gathering insights .

The solution – designed by audit , data , and finance experts – provides for advanced analytical functionalities , a powerful data processing engine and the ability to process large volumes of data that empowers professionals to turn their data into insights and optimise their operations .
“ As organisations continue to enhance their business technologies and the quality of their data , any internal auditor , CEO , CFO , FD , and FM is now provided with the opportunity to deliver even higher value through the power of data analytics ,” said Christiaan Steyn , Assurance Product Manager , Caseware Africa .
Caseware IDEA data analytics equips professionals with the ability to transform financial audits , IT audits , operations , governance , and fraud risk management . Every day , over 500,000 global finance professionals rely on Caseware IDEA to gather deeper insights and make more informed business decisions . “ Leaders depend on Caseware IDEA to help them manage their businesses more efficiently in a timely , cost-effective , and automated manner – whether it is to support internal audit , governance , managing risk , compliance or streamlining operations ,” noted Steyn .
Caseware IDEA empowers finance professionals with significant time savings and the ability to focus their attention to where it is needed most by helping them to :
• Connect and use data from a diverse set of sources
• Process large volumes of data with ease
• Generate insights from both financial and non-financial datasets
• Analyse 100 % of transactions , regardless of type , volume , or location in less time
• Prioritise areas with elevated risk
• Deliver better audit coverage and assurance
• Easily identify anomalies
• Quickly identify suspicious or fraudulent transactions
• Improve operations , compliance initiatives and internal audit reputation
• Become trusted advisors within their organisation
Steyn said : “ Caseware has been a market leader for over a quarter of a century , helping accountants and auditors to automate compliance . With Caseware IDEA , finance professionals across professional practice , corporate and government are better enabled to leverage the power of their data , whether it is from their accounting platform or ERP , their HR system or any operational data source and system that is used to manage the business . Given the ever-increasing volume of data within organisations , the onus on data management and the key role that data is playing in Digital Transformation , it is now more important than ever for firms to implement and take advantage of a robust data analytics solution .” •
INTELLIGENT TECH CHANNELS 4949