Internal audit departments are increasingly looking to SAP for solutions to their audit management needs. Their needs are quite varied, including requirements for data analytics and fraud detection, automated testing, risk assessment, deficiency tracking and follow-up, and management of the department as a whole.
About half the population uses desktop applications, in particular Microsoft Office. Many use TeamMate and Paisley. But these only cover some of internal auditors’ needs.
Awareness of SAP’s current solutions is low and we are working to improve that. Our BI products are powerful when it comes to data analytics, risk monitoring, fraud detection, and similar tasks. Of course, Process Control is excellent for automated testing.
But there are additional requirements and SAP is interested in understanding them and their value to our customers.
Is your company interested in this area? What are your primary needs? If you would like to influence SAP’s direction, please let me know.