ACL, a technology solutions provider, has announced the launch of ACL Analytics Exchange (AX) Version 4. AX (formerly ACL AuditExchange) goes beyond audit, enabling adjacent departments, including finance, risk and compliance to protect the bottom line by identifying control deficiencies such as fraud and revenue leakage.
Organizations are most vulnerable when they are negligent in testing controls, and the outcome—such as financial loss and reputational damage—can be costly. AX technology powers two discrete solution offerings serving different business structures: The Data Analysis for Teams solution allows organizations to analyze transaction data and uncover what has happened so remediation can occur. The Enterprise Continuous Monitoring (ECM) solution empowers companies to continuously monitor the health of their controls and proactively look for gaps.
