Facilitating data driven investigations with automated analytics and anomaly detection
Forensic Auditors
The most daunting task during a Forensic Audit is finding the trail of money. The task becomes challenging and time consuming because volume of data is huge and formats are invariably inconsistent. Forensic audit expert are forced to normalize data, categorize each transaction individually, and manually identify connections between transactions and entities.
iAcuity Forensic audit expert trace the flow of funds across multiple accounts. Using bank statements and ledgers, iAcuity’s advanced pattern detection engine identifies anomalies and suspicious behaviors imperative to the investigation. Our automated data loader reduces the burden of data normalization and cleansing. With the power of big data Fund Trail can analyze millions of transactions and help conclude investigations in weeks.
Adopt an Automated Approach to Forensic Audits
No more stress of cleaning and normalizing data
Improved consistency and accuracy of analysis by reducing scope for human error
Benefits
Upload data in any digitally readable format. No more data transformation, normalization and cleansing efforts. Upload data in any digitally readable format. No more data transformation, normalization and cleansing efforts. Fund Trail automatically validates data and starts analysis.
Detect accounting fraud and missing ledger entries. Fund Trail provides a detailed transaction by transaction comparison and reconciliation between ledgers and bank statements.
With powerful visualizations and detailed automated reports like link analysis, tree graphs, FIFO analysis or filtered reports, Fund Trail helps follow the money trail.
Analyze billions of transactions across multiple accounts, bank statements, company ledgers and company financial statements. Fund Trail is the perfect tool for complex investigations involving several data sources, entities and millions of transactions.
Built in case management allows each Forensic Auditor to manage multiple investigations at a time.
Pay per use or subscribe for the whole year. iAcuity provides flexible plans to meet your various investigative needs.
Fund Trail is available in the cloud for easy access and scalability. However Forensic Auditors do occasionally investigate sensitive cases that require iAcuity’s on-premise solution.