At this year's Audit Competence in Vienna, I had the opportunity to give a presentation on new possibilities for audit work through digitalisation. The aim was to illustrate that digitization offers chances to perform the functions of internal auditing better and more efficiently.

A number of suppliers now offer process mining solutions. This is good for customers, because apart from a few exceptions, prices are now in an acceptable range. However, it is important to consider which criteria to use when deciding on a tool.

The third Advent is already over, and Christmas is approaching with big steps. We look back on a (positively meant) turbulent and successful year 2019, marked by important projects, enriching encounters and exciting events. But one after the other.

From 21st until 22nd November, the biennial congress from the German Institute for Internal Audit (DIIR) took place in Dresden. Several hundred auditors from all over Germany attended more than 70 lectures on topics related to internal auditing.

While process mining has been a topic of discussion for some while, interest has recently intensified. Google currently shows 1,100,000 hits for searches on the subject, and Gartner’s most recent “Market Guide for Process Mining” published in June 2019 lists 19 suppliers in its “Representative Vendors” section. (https://www.gartner.com/en/documents/3939836/market-guide-for-process-mining)

Process Mining has been a topic in the data analysis world for several years now and represents an extension of existing data analysis solutions for many companies. While in classical data analysis one usually moves to the level of detail of individual transactions, Process Mining provides an overview of the actual processes in the company. This overview of the processes can help you to better understand the background of analysis results of classical data analysis. I would like to show you how we can support you with our experience in data extraction and data preparation. In addition, we can make recommendations from our work with various Process Mining providers to help you choose the right provider. In this article I will use the software Minit as a showcase.

After the acquisition of AM:DataConsult GmbH in 2014, the first step was to change the company name to dab: Software GmbH. with the medium-term goal of integrating this company into our group company dab: Daten - Analysen & Beratung GmbH in mind.

On November 21st and 22nd this year's DIIR Congress starts and we will be part of it as well. With topics around digital transformations, networking and detailed insights into internal audits, we are very excited and look forward to this event. Are you interested in the advantages of collaboration between Audit and ICS? Then you should visit our lecture on 22.11. at 10.30. Our colleague Philipp and Johannes from Galvanize will describe different possibilities in a practice-oriented and detailed way. Would you like a free consultation with one of our experts? Then come and visit us at our booth! As every year we are on site together with our partner Galvanize (formerly ACL) and look forward to your visit. Translated with www.DeepL.com/Translator

A lot has been happening recently in the world of data extraction from SAP®. This blog post looks at current possibilities and what they mean for you.

In this blog post I outline some important issues when analysing SAP® accounts payable postings. Specifically, I discuss which documents should be considered and which can be ignored – or the attributes according to which a compression may, where applicable, also make sense. As this depends on the individual (or on the analysis objective), this should be seen as a suggestion.

Data analysis and the internal control system are two topics that absolutely belong together. In this way, the effectiveness of controls can be assessed using data analytic techniques. Depending on the concrete questions, this can also be done automatically.

The release of dab:Exporter Version 3.0 was more than 5 years ago. The introduction of the package concept with table dependencies within a client-server architecture has proven to be absolutely the right step and provides our customers worldwide with valuable extraction support on a daily basis. Unfortunately, we can't boast such a groundbreaking technological change with our latest release, but the complete modernization of our SAP component was reason enough for us to make a leap to version 4.0. Translated with www.DeepL.com/Translator