General Info

ACL continuous monitoring fills a critical gap - the ability to test the integrity of transactions across multiple ERP systems. While most ERP systems offer built in controls, they are unable to provide a full view across multiple systems - the norm in most organizations. Similarly, while many organizations rely on Business Intelligence software to identify key trends from aggregate data, BI systems are unable to provide the depth of transactional insight necessary to provide assurance that controls are working, or to quickly and efficiently identify key exceptions for review. Continuous controls monitoring provides organizations with effective insight into the integrity of individual transactions, and the overall effectiveness of their controls. First introduced in 2003 by ACL, the world leader in audit analytic technology, the initial continuous monitoring solution was launched in response to the need for increased insight into higher risk business processes - often as a follow up to audit findings. Developing a continuous controls monitoring solution was a natural progression from ACL's domain expertise in controls testing. ACL pioneered technology that enabled advanced audit analytics and launched a commercial solution in 1987. Today, ACL technology is used by over 14, 000 organizations globally to conduct controls testing as a part of audit, compliance and risk programs.