RPA FOR AUDIT AND COMPLIANCE
When it comes to an internal audit and adhering to compliance procedures, auditors spend a lengthy amount of time gathering data, creating audit evidence collections, performing audit tests, and manually copying and pasting data into one file. Not only are these tasks extremely time-consuming and rule-based, but manual audits are more error-prone.
With an RPA audit implementation, RPA streamlines the execution and tracking of an internal audit and automatically: prepares data gathering and reporting, collects evidence, manages the audit data quality, and provides audit issue reporting and notifications.
In addition to an automation audit and compliance implementation, auditors will have more time to execute complex testing involving the investigation of accounting anomalies, resulting in an improved and accurate audit.
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