Audit and internal controls

Go beyond audit and compliance to bring value to your business.

Increase the efficiency and effectiveness of audit and internal controls. Workday was created post-Sarbanes-Oxley, so the ability to implement internal controls and enable audit and compliance is built into the system. With Workday, you can go beyond compliance to improve business performance by implementing cost-effective internal control.

 

Use live data to discover organisational trends and identify potential areas of risk.

Quickly find and address segregation of duty conflicts.

Leverage prebuilt risk indicator reports.

2017 Magic Quadrant for Cloud Core Financial Management Suites
Read report
Auditing Forward: How the Auditor’s Role Is Changing and Why
Read blog
Simplifying and Reducing the Cost of Compliance
Watch video

Always-on auditing. Always free.

Our applications give you undefeatable audit capabilities at no additional cost, and with no impact on performance.

  • Leverage a comprehensive record of transactions with complete audit trails.
  • Easily aggregate financial and operational records for audits.
  • Quickly collect electronic audit evidence using our continuously self-documenting system.

Easily govern internal processes.

Our business process framework is the cornerstone of internal control, making it easy for you to evaluate workflows end to end.

  • Capture approvals and process transactions directly in Workday to increase productivity.
  • Easily retrieve data and run reports on processed transactions and tasks.
  • Reduce risk by preventing unauthorised transactions and tasks.
  • Decrease total cost of ownership by simplifying internal control tests.

Comprehensive security comes as standard.

Stop paying for and maintaining bolt-on security systems. With Workday, you get built-in security controls.

  • Easily adapt security and management controls to meet your enterprise’s operational, compliance, and reporting objectives.
  • Simplify segregation of duties with a single access and authorisation model for all users, applications, and business processes.
  • Incorporate compliance and internal controls into system and process design from the outset to address potential business issues.

Ready to learn more? Get in touch with us.

Please enter your first name.
Please enter your last name.
Please enter a valid email address.
Contact us

Thanks!

A member of our team will be in touch soon.

Ensure data integrity and reliability.

Say goodbye to cumbersome ETL processes. Workday keeps a single in-memory copy of your data, making it easy to pull up-to-the-minute, accurate reports anytime.

  • Gain efficiency in your audit processes with a single source of truth that spans applications.
  • Quickly identify high-priority issues, such as expense policy violations, with preconfigured auditor reports and dashboards.
  • Customise reporting to meet internal and third-party audit requirements.
  • Empower end users to run their own reports with accessible reporting capabilities.