Remove products audit-management-software
article thumbnail

AuditBoard Announces AI and Analytics Capabilities

Audit Board

Purpose-built extensions allow Audit, Risk, and Compliance teams to leverage transformative automation and data insights to manage risk more efficiently. AuditBoard now offers the industry’s most flexible and approachable analytics options for audit, risk, and compliance teams.

B2B 111
article thumbnail

Chorus And Build My SOP Acquisition: Landmark Deal Brokered At Benzinga's Cannabis Conference

Benzinga

Chorus Compliance , a subsidiary of SC Labs and a leader in cannabis business software solutions has announced its acquisition of Build My SOP, a company specializing in standard operating procedures and management software for the cannabis industry.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How AI transformed the tax and accounting profession in 2023

ThomsonReuters

However, with the advent of AI-powered software, these tasks can now be automated, freeing up valuable time for professionals to focus on higher-value activities. AI-powered software can handle large volumes of data with speed and accuracy, significantly reducing the risk of human error.

article thumbnail

Charting a smooth course: Avoiding common mistakes in embracing audit technology

ThomsonReuters

Charting a smooth course, either on the open seas or at your audit firm, is an exciting opportunity for explorers and tax professionals alike. Here, we will talk through some best practices when implementing new audit software solutions as well as some common pitfalls that can arise throughout the process.

article thumbnail

Is your tax department spending more time and money because of audits?

ThomsonReuters

This, in turn, puts tax departments at greater risk for even more audits and stiffer penalties. During the webinar, panelists discussed ways to reduce risk, avoid audits and potential penalties, and explore solutions to the challenges ahead. Automation is also considered an essential part of improving processes and productivity.

article thumbnail

4 questions to drive your audit firm’s evolution

ThomsonReuters

The accounting and audit profession is undergoing significant changes as a result of the rapid advancement of technology. So, then, how do audit firms evolve to make sure they are prepared for when the right technology can help them prosper? Standardization can help firms save significant time and reduce inefficiencies.

article thumbnail

The power of Assisted Decision Making in Thomson Reuters Cloud Audit Suite

ThomsonReuters

Jump to: How AI is transforming audit AI-Assisted Decision Making in Thomson Reuters Cloud Audit Suite Ready to transform audit? How AI is transforming audit Traditionally, auditors have heavily relied on manual processes to uncover risk in financial statements and business operations.