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Revisiting Financial IT for Better Monitoring, Testing, Compliance

Tammy Whitehouse | June 23, 2015

With a steady rise in risk and volatility in the modern global economy, companies are dialing up their adoption of technology solutions to manage their monitoring and testing in risk, compliance, and control activities—or at least, they are trying to.

Howell-joe-0415“We are seeing more companies moving to integrated controls,” says Joe Howell, executive vice president at Workiva. Companies with only partially deployed ERP systems are starting to take a fresh look at what they can do with the software they have, he says.

“People love IT, but it may have been expensive, complicated, or required a lot of IT involvement to fully implement,” he says. “It took a lot of discipline to get them up and running. Now there’s pressure to rethink that. Even though it’s expensive and complicated, people are drawn back to use them.”

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