Global Audit Team Standardizes Workflow With Cloud-Based Compliance Management
VANCOUVER, British Columbia, July 10, 2013 /CNW/ - ACL today announced that the audit team at CHC Helicopter, the world's largest helicopter services company and employer of more than 4,300 people in 30 countries, has increased productivity by 15%, cut software costs by 60% over their previous system, and reduced overall IT overhead through the use of ACL™ GRC.
CHC Helicopter's internal audit group was in search of a new audit management solution to organize its project workflow, as its previous program had become cumbersome and unreliable. Already familiar with ACL's flagship data analysis technology, CHC Helicopter found ACL's GRC project management capabilities to be accessible and easy to use, attributes that were critical to the team's needs.
According to Marian Jakovcic, Director of Internal Audit at CHC Helicopter, "One of CHC's most significant projects is a global Sarbanes-Oxley (SOX) compliance audit, and after implementing ACL GRC, the SOX audit is now two months ahead of schedule."
The system required minimal user training and met CHC's criteria for intuitive workflow, global accessibility, and cost-effectiveness. "The cloud-based delivery has saved CHC's IT department the cost of purchasing additional hardware and has eliminated the burden on IT staff to install the software, apply upgrades, and perform backups," said Paul King, Vice President and CIO at CHC Helicopter. "My team also gave high praise to the implementation process, which was quick and trouble-free."
With users working at remote locations worldwide, it was necessary to have full access anywhere, anytime. The ACL™ GRC for iOS application allows CHC's users to access the full-feature system on various mobile devices. The software supports efficiency and productivity, allowing leaders to view, share, and collaborate with their teams, as well as provide on-the-go access to reports, project statuses, findings, and management responses.
"Overall, the ACL GRC solution is visually appealing, socially interactive, engaging, and positions ACL as one of the new generation of GRC vendors, with which I'm very intrigued," said Michael Rasmussen, J.D., OCEG Fellow, CCEP, GRCP, CISSP, Chief Analyst & GRC Pundit at GRC 20/20 Research, LLC.
To read the full case study, please visit http://www.acl.com/portfolio/chc-helicopter/
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ACL delivers technology solutions that are transforming audit and risk management. Through a combination of software and expert content, ACL enables powerful internal controls that identify and mitigate risk, protect profits, and accelerate performance.
Driven by a desire to expand the horizons of audit and risk management so they can deliver greater strategic business value, we develop and advocate technology that strengthens results, simplifies adoption, and improves usability. ACL's integrated family of products—including our cloud?based governance, risk management and compliance (GRC) solution and flagship data analytics products—combine all vital components of audit and risk, and are used seamlessly at all levels of the organization, from the C?suite to front line audit and risk professionals and the business managers they interface with. Enhanced reporting and dashboards provide transparency and business context that allows organizations to focus on what matters.
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For further information:
Jacqui Wilder, Stanton Public Relations & Marketing, P. 646-502-3538, E. [email protected]