ACL Workpapers Enables 25% Productivity Increase for Traina & Associates

VANCOUVER, British Columbia, July 11, 2012 /PRNewswire/ -- ACL Services Ltd. today announced that Traina & Associates, a provider of IT audit services, has increased their overall productivity by 25% with the help of the cloud-based ACL™ Workpapers audit management system. With no hardware or software to install, the team was not only set up within a month, but achieved proficiency before even completing the first audit.

As an IT audit provider, security was a key factor in Traina's decision to use ACL Workpapers. "Since we're in the IT security business, we performed our own extensive due diligence to ensure data would be secure," said Traina & Associates President, Lisa Traina, CPA, CITP, CGMA. By moving to a cloud-based system, the firm can further protect the security of its clients' data by eliminating the risk of confidential information being exposed in the event of a lost or stolen device.

In addition, the product's flexibility and ease of use allowed the professionals at Traina & Associates to achieve proficiency in using the software within only one month. According to Traina, ACL Workpapers' software-as-a-service approach picked up where enterprise offerings left off. "The flexibility really astounded us. We could get up and running in a hurry," Traina elaborated.

The implementation of ACL Workpapers has enabled Traina's team to produce final reports on fieldwork findings in less than 30 minutes, a process that took 1.5 hours to complete under their previous system. "I can't even begin to describe how much time we saved with ACL Workpapers," said Traina. "The backlog of work we have right now is clearer than it's been in seven years."

With many of the firm's professionals performing their audit work in the field, the Traina & Associates team appreciates that ACL Workpapers enables them to work on any device, anywhere. The recent launch of the ACL Workpapers mobile audit management app allows them to upload photos or documents and instantly access status reports from their iPads and iPhones while on the go.

ACL Workpapers is a cloud-based audit management system built to help audit teams and corporate audit departments effectively manage their audits from beginning to end. Developed by auditors, it is designed to increase productivity by organizing fieldwork documentation, automating project management, enabling collaboration, and reporting results.

To read the full case study, visit www.acl.com/Traina.

Supporting resources:

• For more information on ACL Workpapers, visit www.workpapers.com
• To read the latest on business assurance, compliance, risk, fraud detection, and internal audit, visit the ACL Blog: www.acl.com/blog
• Follow @ACLServices or @Workpapers on Twitter
• Like ACL Services on Facebook www.facebook.com/ACLServices

About ACL Services Ltd.

ACL Services Ltd. is the leading provider of end-to-end technology for audit and compliance professionals. With a history of helping organizations gain insight into business risk with world-class analytic solutions, ACL's expanded product portfolio now includes technology to help automate business assurance processes across the enterprise. This includes seamless analytic, audit management and dashboard capabilities. Together, ACL's integrated suite of products provides the simplicity, productivity, and increased transparency that result in better audits and corporate risk management.

ACL delivers its solutions to 14,700 organizations in over 150 countries through a global network of ACL offices and channel partners. Our customers include 98 percent of Fortune 100 companies, 89 percent of the Fortune 500 and over two-thirds of the Global 500, as well as hundreds of national, state and local governments, and the Big Four public accounting firms. Visit us online at www.acl.com.

© 2012 ACL Services Ltd. ACL and the ACL logo are registered trademarks of ACL Services Ltd. All other company and product names are trademarks of their respective owners.

SOURCE ACL Services Ltd.