A best-in-class solution for full visibility and management of recurring finance, control and audit processes.
At a glance
Unit4 Audit & Control (formerly Auditor) provides the control framework for accountancy firms and enterprises to plan, monitor and audit periodic processes and projects.
- Quick to implement, easy to use and fully featured.
- Offering the potential to halve errors and correction cycles and to improve collaboration efficiency by as much as 25%.
- Unit4 Audit & Control is used by thousands of companies and audit/accountancy firms (including three of the “Big Four”).
- For accountancy firms – Unit4 is a long-established enterprise application provider, delivering proven accountancy solutions that help firms manage client projects.
- For enterprises – Unit4 has applied many years of accountancy industry expertise to help enterprises control recurring finance & control processes.
A better solution
Unit4 Audit & Control (formerly Auditor) delivers easy, accurate and consistent handling of recurring finance processes.
- Driving more efficient and effective processes
- Ready-made process-modeling templates, based on process stages and tasks.
- Central store of task answer records, including supporting documents and analysis.
- Rigorous best-practice review and approval of tasks.
- Streamlined processing – generates automatic filing.
- Displays progress reports for easier co-ordination and monitoring.
- Supporting accountancy firms
Our solution is at the heart of successful client project management for accountancy firms, delivering efficient, standardized processes for compliance with legislation. It does this by providing a wide range of predefined process templates. - Supporting enterprises
We also enable enterprises to streamline and standardize processes themselves, to match agreed company guidelines. Our solution forms the heart of your internal control framework delivering efficient and reliable finance, control and internal auditing processes. It does this using task management, based on predefined process templates that can be modeled by the company’s employees.
KEY ADVANTAGES
With Unit4 Audit & Control, both internal and external auditing and control departments gain smarter control, execution and monitoring of periodic processes, including all the evidence and audit trails that they may require.
A smarter, more streamlined solution – Audit & Control enables process managers to drive recurring processes as a series of tasks that should be executed in a predefined sequence by pre-assigned teams, for example the period closing and reporting process. Each task consists of a task description, a task answer, follow-up actions (optional), evidence/attachments (optional), calculation sheets (optional) and a task audit trail.
A more collaborative approach – Audit & Control helps all those involved in delivering control and auditability to access and share information much more easily, increasing collaboration efficiency by as much as 25%. Now the CFO/financial controller, internal auditors and external auditors can all benefit from information that is being generated and shared in a common format, which is already used by thousands of auditors.
Sharper financial focus and control – It addresses the issues around making non-transactional process activities properly visible, controlled and auditable. Thanks to built-in task management, these activities can now be modeled and managed, regardless of the source ERP system(s). In addition, full audit trails and progress reports ensure activities that need to be executed periodically are visible after they have been carried out.
Giving you the full picture – It gathers data from any number or type of ERP or financial management systems (including the top 5 international ERP software packages). It then translates the data into a single, shared uniform standard, so that it can be used for central analysis, regardless of the various data structures and system rules of the source systems.
Key capabilities
The Unit4 Audit & Control solution covers the full range of an organization’s process modeling and management requirements, in the following key ways:
- Unlimited number of templates.
- Easy exchange of templates with other users.
- Special indicator flags for compliance officer and quality reviewers.
- User-defined follow-up flags for notes.
- Comprehensive standard reports.
- Ability to attach Unit4 Account Analysis reports to the process templates and individual projects.
- Ability to incorporate financial data from Unit4 Statutory Reporting in process tasks.
- Engagements can only be accessed by authorized team members.
- Predefined team roles and authorizations.
- Explicit registration of reviews.
- Clear audit-trail.