Continuous Monitoring
A recommended approach to automating critical business processes, using ACL Robotics.
Continuous monitoring overview
Continuous monitoring programs combine business process and technology to detect risk and compliance issues associated with the financial or operational environment of an organization. Through the use of automation, continuous monitoring programs provide management with the critical information needed to make decisions that are cost-effective, efficient, and appropriate for the business.
Challenges and opportunities
Without a proper continuous monitoring program in place, organizations can expose themselves to reputational and financial harm.
Governance professionals need to efficiently access data, test controls, and track metrics in real-time to better manage risk and provide assurance that their organization is running effectively. Automating repetitive tasks allows teams to free up time and resources, and perform work of a more strategic nature.
People involved in continuous monitoring
The people involved in conducting continuous monitoring programs include:
- Auditors
- Financial professionals
- Compliance professionals
- Risk management professionals
- Quality Assurance analysts
- Security analysts