Data Analytics
Analysing Data or doing ledger scrutiny in the process of statutory audit is a time-consuming process. Accounting professionals spend days combing through the transactions and weighing them across different rules to judge and determine further possibility of incorrect data or fraud. The process is highly people dependent, inconsistent, and prone to omissions and ignorance of entries while handling the bulk workload.
To overcome the difficulties and limitations in data analysis, AudTech Data Analytics, a cloud-based AI-powered automation software has been designed which doesn’t require a skilled manpower to setup logic and do the analysis. We have automated the analysis. After importation of data into the application, it is processed automatically with multiple touch points and reports are generated.
