HighBond

Kommentare: We currently utilize ACL to normalize data (names) and then conduct fraud analysis on the payment requests to prevent duplicate or overlapping requests. ACL is also used to capture telemetry data, eliminate duplicates, and prepare the data for uploading to our database for use/review. All of these things can be automated using ACL, ACL Exchange Server, and/or robotics functions.

Vorteile: This is one of the most powerful and versatile analytics software packages available. The built-in functions are relevant and effective. The ACL community and support provide literally thousands of scripts and other helps. The new features keep coming and are amazing, like the ACL Robotics (automation functions). We could not do what we do without this software. They have also provided hands-on service with implementation of new software packages.

Nachteile: There is very little to not like about this software. Probably the most difficult thing to overcome was convincing our own IT group to allow the software access to our in-house databases. We had to provide overwhelming proof that the ACL software is read-only to the databases and does not overwrite or replace data or change the existing tables in any way.

Kommentare: We are currently using ACL for everything from gathering of statistical information for senior management, compiling risk factors for audit selection to analyzing taxpayer information prior to performing an audit

Vorteile: The ability to script repetitive tasks. ACL allows the user to “code” the steps performed so that they can be repeated at a click of a button. This whole process can be done without knowing any programming language because ACL records the steps that you have taken, which can then be copied into a script and run whenever it is needed.

Nachteile: The PDF converter. ACL has the ability to convert a pdf into a table, however the PDF needs to be a fairly simple one otherwise the data columns tend to jump around.

Kommentare: We wanted a tool to address our management of risks, related audits and an added benefit of managing our compliance program. Additionally, we wanted the tool to be able to analyze data and help in managing risks and developing continuous monitoring types of reviews. ACL fit the bill.

Vorteile: ACL is an easy to use GRC system. The focus is not on Sox or compliance management, but rather an integrated approach to risk and audits. This makes it more suited to teams that focus on risk management and operational reviews aligned with these risks. Sox modules are well developed and easy to use, but is not the primary focus of the tool. Added benefit of utilizing data analytics (which ACL is known for) in the audits and risk assessments as well as being able to build in continuous monitoring opportunities.

Nachteile: There isn't a lot to dislike about the software. Some of the drawbacks are within the Sox/compliance module, primarily stemming from the fact that the tool is not designed specifically for that purpose. However, we are seeing with each new release that some of these are being addressed.

Kommentare: Overall, it has helped automate some of our audit processes. However, sometimes it has limitations and we have to use a SQL/Teradata, Tableau, or Excel which defeats the purpose at times.

Vorteile: One of my favorite, and most helpful things about ACL is the data import. It is clean and quick, and very easy to learn. Also the scripting is very helpful because you can rerun processes without redoing the work and have scripts run automatically.

Nachteile: There are features of ACL that make it difficult to work with if you are trying to take notes or change a cell's information. For example, you can't really add a new column with your notes in specific cells.

Vorteile: ACL is super easy to use. We use it for both analytics and GRC. Keeps things organized and helps us analyze large amounts of data quickly! Love it and would recommend to any audit team big or small.

Nachteile: Nothing to complain about here! We looked into other audit management software options and ACL seemed to be the easiest to implement "out of the box"and we haven't been disappointed.