RAS Finder Audits prove the integrity of departmental
or enterprise operations at a given point in time. RAS Monitor Solutions
provide an organisation with the ability to measure compliance on
an ongoing basis, as well as prove the effectiveness of any remedial
steps implemented to correct erroneous data or processes identified
in previous audits.
Issue Addressed
Over time the risk of operational compromise increases
as a result of new fraud techniques, staff changes and
system errors. As audits are only a snapshot confirming
status at a given point in time, the need to repeat the
process is critical if changes in status are to be identified
and compliance monitored.
Without
repeating the audit it is impossible to gauge future compliance
or validate the effects of any measure introduced to improve
operational integrity.
What it is and does
RAS Monitor solutions provide
the infrastructure to enable an organisation to repeat all
RAS Audits at what ever frequency required up to and including
daily. RAS Monitor solutions also provide the ability to
review and modify audits to reflect new operational requirements
as they become necessary.
Benefits
Most RAS initial engagements cover a single department's
operations where there is a perceived risk. However, in
owning the required infrastructure an organisation can
deploy RAS Audits throughout their entire enterprise,
reducing their operational risk and maximising their return
on investment.