Business Analytics – Meeting Increasing Demands with Data Analytics

“Data is the gold of the digital age”, “Data is the oil of the 21st century”. These or similar statements are increasingly found in our media landscape. But when is data truly valuable for companies, and how can companies derive value from their data?

Modern ERP systems like SAP are the digital representation of the company. However, the standard reports included often provide only a limited view of the relationships between data and business processes. Value is often realized only when data is integrated across departments and analyzed by asking the right questions.

The functionality of our analysis platform for SAP systems currently includes over 23 audit areas, process mining for procurement and sales processes (P2P, O2C), and over 200 predefined analyses.

In addition to classic questions from annual audits, such as authorization analysis, identifying sources of errors, and potential fraudulent activities, the analyses aim at compliance requirements and weaknesses in business processes. The insights gained can be used as a central component of a data-driven risk management system (RMS), internal audit, or an adequate and effective internal control system (ICS), as well as to optimize existing business processes.

Our Analysis Platform for SAP

Übersicht Inhalte Business Analytics bei Rödl & Partner

Automatic and Comprehensive SAP Analysis with Analytics4Audit (A4A)

A4A offers a wide range of pre-built analyses, allowing you to quickly generate value from your data without the need for your own data analysis system or extensive modifications to the SAP system.

You can use the analysis results to meet the aforementioned requirements in areas such as internal audit, risk management systems (RMS), and internal control systems (ICS), as well as to optimize your performance processes.

OUR ANALYSIS PORTFOLIO

In the following areas, we can provide concrete support:

Data Analysis with Analytics4Audit (A4A)
Detection of anomalies/internal control system (ICS) bypass
Security and compliance of the SAP system
Examination of business processes/document flows
Journal entry testing/risk assessment
Review of various financial statement items, e.g., during annual audits
Audit of selected SAP authorizations
Evaluation of proper segregation of duties and authorizations in common SAP modules (we provide a benchmark authorization structure)
Implementation of data protection requirements in the SAP system

Secure Environment with Access to Analysis Results

As auditors and consultants, information security is our top priority. Access to your data in your SAP system is achieved through an agent via simple user access with a standard SAP RFC component. We provide the agent for download. Your data is encrypted and securely stored in a dedicated environment within our high-security data center and will be automatically and securely deleted within six weeks after the audit.

We have outlined the process in the following overview:

For the so-called Digital Fit for setting up A4A, system access, and support, our specialists are available. You will gain access to our platform and can either monitor the process yourself or receive progress updates via email from A4A.

If you wish to repeat the audit, no further adjustments are necessary for the same SAP environment. You can download the analysis results upon completion of the analysis. If needed, we can also assist you with the evaluation or preparation of the results.

FAST ANALYSIS RESULTS AND MODULAR PRICING

We offer you fast results based on the A4A analysis at a fair and transparent price according to the following modular model. This allows you to tailor the scope of the analysis to your needs and avoid additional costs for queries that are not required.

In individual cases, we can adjust the scope of the audit to your specific needs (e.g., analysis followed by a follow-up audit) and provide you with a customized offer.

We would be happy to present A4A to you in a web presentation or at an on-site meeting.

Contact

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Frank Reutter

Partner

+49 221 949 909 316

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Michael Wolf

+49 911 9193 3103

Send inquiry