Under resourcing is a major challenge for Internal Audit
Routine, manual testing of key business processes and controls can be an inefficient way to provide assurance to the board and shareholders. Many internal audit departments struggle to implement audit analytics due to reliance on or lack of skilled resources but mostly because of the complexity and difficulty extracting and understanding the underlying data. Delivering audit analytics results that are meaningful is not easy. Often the auditee finds many “false positives” in the results that can lead to less reliance on the audit finding and business improvement opportunities. Engagement of the first line remains a challenge to Internal Audit which need the business to own and manage their own controls.
Satori for every Internal Audit Scenario
Continuous Control Monitoring
Accounts Payable Monitoring
Credit Cards and Corporate Expense Monitoring
- Automated Data Governance: Monitor master file data continuously providing 100% accuracy and a single version of truth.
- Vendor Risk & 3rd Party Monitoring: Use a data-driven approach to understand your 3rd party risks by continuously monitoring them across multiple data internal and external data sets.
- Anti Money Laundering: Significantly reduce your exposure to fraud, financial crime, and regulatory non-compliance through automated transaction monitoring.
- Conflict of Interest: Provide a greater level of assurance to executives, the board, and shareholders that Conflict of Interest (COI) and collusion risks are being managed effectively.
”Without Satori we would be 5 years behind on compliance framework activities, controls process maturity and internal policy compliance.Large Retail & Hiring BusinessCommercial Process & Compliance Manager
Procure-to-pay – What is your ERP not telling you?
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TRUSTED BY OVER 200+ ORGANISATIONS
“I would recommend Satori to any organisation that wants to be on top of their game by having the ability to be warned and protected 24/7 *365 days a year. 100% testing run daily on high-risk assertions wouldn’t be possible without this tool doing its magic in the background.”Yuliya Gultekin - Manager Audit and Assurance, Risk and Assurance TeamWaka Kotahi New Zealand Transport Agency
“Satori takes our data, puts it through their magical system, and presents it back to us in an actionable format.”Principal Fraud and Corruption ControlGovernment Utilities
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