With summer coming to an end, audit cycles are creeping up soon and that means the annual review of internal controls, including segregation of duties (SoD), will once again commence. Companies that still haven’t taken the plunge towards automating these controls, or use manual processes to do so, will likely face a high number of SoD risks and audit deficiencies.
In this infographic we explore why automating these controls is becoming less of an option and more of a necessity given the inefficiencies, cost and risk involved. Want to get all the stats? Click below to view the full graphic. And if your company is already looking at automating but not sure where to start, learn more about our PASS program.