VANCOUVER, British Columbia, June 12, 2012 /PRNewswire/ -- ACL Services Ltd. today released a customer case study on the impact of the ACL™ Workpapers audit management solution. Within just a few short months of implementing ACL Workpapers, Vancouver-based internal audit and risk management services provider Straight Talk Consulting Solutions realized productivity gains of 30 percent related to workpaper management.
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 in actual audit practice, it is designed to increase productivity by organizing fieldwork documentation, automating project management, enabling collaboration, and reporting results.
"The ability to share internal audit workpapers and findings with clients and the external audit team is critical to the success of a project," said Straight Talk's founder and Principal, Sergiu Cernautan, CPA, CISA. ACL Workpapers stood out from all other audit management solutions he looked at. "It is simple, elegant and easy to use."
That simplicity allowed Cernautan to be 80 percent proficient in the system in just two days, and he values that ACL provides expert support from people with real audit knowledge. "The support at ACL Workpapers is outstanding. Not only are they able to provide a high level of technical support, they understand exactly what I am trying to accomplish and are able to provide assistance from an auditor's point of view."
Straight Talk is also able to significantly streamline fieldwork. "With the ACL Workpapers mobile app, if I'm doing an inventory walkthrough at a warehouse, I can snap a photo as evidence, upload it to my walkthrough tab and say, here it is; I was on site, here is the evidence, and here is the conclusion – I'm done," said Cernautan. "By the time I board my flight to return to the office, the test is already documented and concluded. I think it's fantastic."
"As a result of implementing ACL Workpapers, Straight Talk can now concentrate efforts on higher value audit activities," said Dan Zitting, CPA, CISA, CITP, Vice President of Working Papers Software at ACL Services. "This, in turn, contributes to improved client relationships, enhances value delivered per resources utilized, and strengthens audit's contribution as a critical strategic asset for organizational success."
To read the full case study, visit www.acl.com/StraightTalk
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.
Visit the ACL Blog to read the latest issues and insights on business assurance, compliance & risk, fraud detection, and internal audit: www.acl.com/blog
SOURCE ACL Services Ltd.