VANCOUVER, July 14, 2015 /PRNewswire/ -- ACL, the technology company that is transforming audit and risk, today announced that the South Carolina Department of Employment and Workforce (SCDEW) has selected ACL™ Analytics Exchange and ACL™ GRC Results Manager to protect taxpayer dollars by preventing improper payments. SCDEW will utilize ACL's cloud-based platform to manage risk and prevent fraud through continuous monitoring across a variety of process areas.
SCDEW is the South Carolina Workforce Agency responsible for paying unemployment insurance benefits, collecting unemployment taxes, helping people find employment opportunities, matching businesses with qualified job candidates, and collecting and disseminating state and federal employment statistics. The Agency wanted a dynamic solution that could be used cross-functionally, as well as one that would seamlessly manage data surrounding fraud detection, internal audit, risk management, and quality assurance. The ACL platform enables them to collaborate across all units and job functions, creating an auditable universe of transactions from multiple, disparate data sources.
"We needed a solution that provided us with the ability to look at any type of data, old or new, from any source," said Cheryl Stanton, Executive Director of SCDEW. "There are no limits to data interrogation. ACL Analytics Exchange and ACL GRC Results Manager will allow us to further protect taxpayer dollars and better serve the people of South Carolina."
Without an efficient, data-driven solution, organizations are at risk of fraud and underperformance. With ACL's cloud-based results management, SCDEW can be assured that its staff can easily access data to support collaborative audit work anywhere at any time.
"The team at SCDEW is building an airtight process to protect taxpayer dollars from fraudsters," said Dan Zitting, Vice President, Product Management & Design at ACL. "As a taxpayer, I am ecstatic seeing key departments like theirs implementing this kind of operational risk management around their spending. This is a group, critical to the well-being of the public, taking a leadership role in engraining impactful oversight, control, and assurance into its everyday operations."
To learn more about ACL Analytics Exchange and ACL GRC Results Manager, visit www.acl.com/solutions/products/acl-analytics-exchange/.
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