How can you move beyond the limitations of BI and traditional tools (Excel) to truly transform your automated internal controls and audit analytics?
Discover four practical use cases adopted by our Eye2Scan clients. These scenarios illustrate the diversity of possible approaches ffor automated internal controls implementation and audit analytics enhancement, providing concrete insights for internal auditors, internal controllers, and risk and compliance professionals on the real benefits. From subsidiary control to group-wide monitoring of hundreds of entities. Eye2Scan is a simple-to-install and user-friendly tool that makes these transformations accessible to any organization.
In this practical case, internal auditors using Eye2Scan access the data of the entity under audit before their mission, without waiting for IT teams or their arrival on site. The software connected to the ERP analyzes subsidiary or business unit data through preprogrammed controls that provide an initial process review and identify risk areas using advanced audit analytics.
This approach transforms the preparatory phase: auditors engage upfront with local process owners to collect supporting documentation for detected anomalies. Fieldwork time, therefore, focuses on high-risk elements and human interactions. The platform centralizes controls, supporting documents, and documentation for report writing. Additionally, efficiency increases significantly when the internal control framework already uses the solution: it's simply a matter of launching a specific campaign and sampling from existing continuous controls.
Benefits:
➡️ More on how to optimize your internal audit mission with Eye2Scan
Given the massive volume of data, the main challenge of continuous controls lies in optimizing the signal-to-noise ratio to avoid alert fatigue. Eye2Scan integrates configurable business rules as well as artificial intelligence algorithms that progressively refine detection thresholds and reduce false positives. Moreover, the transversal approach to controls enables the detection of complex patterns and non-obvious correlations, such as identifying high-risk invoices.
This permanent monitoring capability transforms traditional point-in-time analysis into continuous surveillance across different cycles of the entire organization with just a few clicks.
Benefits:
In this scenario, centralized management of an annual control campaign in Eye2Scan ensures control consistency. Specifically, a large group deploys fifteen controls across fifty entities worldwide and obtains results in Eye2Scan that allow benchmarking between them.
ERP automation analyzes all purchasing, sales, inventory, and segregation of duties data from entities (well beyond general ledger) by uniformly applying the same controls. The system automatically generates findings lists, routes them to the relevant business process owners, and ensures centralized real-time tracking of justification progress. All this without any user limits in the software.
Benefits:
Eye2Scan enables direct connection of each automated control to risks identified in the enterprise risk assessment and enriches them with Key Risk Indicators (KRIs). This risk-based approach offers a dynamic and updated vision that facilitates informed decision-making.
Risk managers and internal auditors using the tool thus establish objective quantified correlations between theoretical risk levels (inherent risk) and actual detected anomalies (residual risk), allowing verification of whether initial assessments correspond to deviations actually observed in processes and continuous adjustment of control prioritization.
Benefits:
Beyond these four scenarios presented, client experience reveals that these practical cases illustrate Eye2Scan's flexibility to adapt to different organizational contexts and the needs of each function in the digital transformation of internal audit and automated internal controls implementation. Whether it's a group-level centralized approach, targeted control testing by operational unit, SOX and anticorruption compliance requirements, or risk-based audit methodology, each organization can find the application that corresponds to its specific internal control framework needs.
This versatility promotes natural alignment between internal audit, internal control, risk management teams, and compliance: all share the same platform, the same data, and the same view of detected control findings. Internal audit finds a powerful audit analytics tool, internal control has continuous monitoring, risk teams feed their risk assessment with KRIs, and compliance ensures regulatory adherence.
Support from our Customer Success Managers with field experience as internal auditors, internal controllers, or accountants guarantees a thorough understanding of business challenges and facilitates the adoption of these new control methodologies. Automated internal control systems are no longer a technical constraint but an optimization lever that unifies approaches and strengthens the coherence of the three lines of defense.
Inspired by these practical cases? Discover how Eye2Scan can transform your controls: request a personalized demo