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Azmasoft is Africa’s leader in information, software solutions and services for professionals in audit, risk, and compliance as well as data analytics providing automation across all three lines of defense to enhance efficiency  and decision making.

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TeamMate Analytics for Audit

Deliver data-driven insight by putting the power of analytics in the hands of every auditor. Improve audit planning, find hidden risks across full data sets (not just samples), and deliver results with greater confidence. All this with a cost-effective tool providing tangible ROI.
Integrated analytics
The power of audit analytics integrated into your workflow: TeamMate Analytics is integrated to work directly with TeamMate+ Audit. This allows you to capture analytics evidence as part of the audit without separate systems that struggle to talk with each other.
Data preparation: Get ready
Convert data sources (even PDF) into rows and columns for Microsoft Excel

Harmonize text, numbers, and dates from disparate files

Normalize formats such St, St., or Street

Perform completeness checks to look for missing or improperly formatted information

And more…

Data analysis: Look deeper
Join data from separate sources to combine or compare information, such as comparing invoice transactions to a vendor master list

Visualize data to better analyze and communicate findings

Identify outliers that are significantly different than the average

Leverage the library of over 150 audit-specific tests

Create and save analytics workflows for use across audits
Data monitoring: Stay current
Set analytics workflows to regularly run against important or high-risk areas of information

Establish a cadence for analysis against previously identified audit issues, such as an improper control for accounts payable

Partner with business stakeholders to systematically monitor systems or data that have potential risk
The familiarity all auditors have with Excel makes TeamMate Analytics extremely intuitive and user-friendly. It’s so easy to navigate that I’ve been encouraging our partners to get on board as well.
 

TeamMate Analytics Core Capabilities

Reference data management support services
Watch a walk through of core capabilities

Whether you’re interested in our 150+ test library, making data preparation easier, automating a workflow of tests, or enhancing reporting, TeamMate Analytics has you covered. Check out our videos below to see how every auditor can accomplish these tasks and more with TeamMate Analytics.

Test Library

The Test Library contains more than 150 fully documented tests. Tests are available in many common audit areas and assist auditors in what to look for. Full and concise descriptions of the tests, when it is most useful, what data is necessary, and how to run the tests, are also provided. In most cases, workflows are pre-built so tests can run in a few clicks.

Manipulate data

Often auditors need to prepare data for analysis by performing various data manipulations. TeamMate Analytics provides many easy-to-use tools to manipulate text, dates, times, and numbers, to join data together or break data apart. These tools allow data to be formatted appropriately for further analysis. Customers have mentioned that TeamMate Analytics data manipulation tools have saved them hours of effort.

Workflow of tests

TeamMate Analytics comes with standard workflows of tests that auditors can modify or build on their own. These workflows can be built by auditors in a point and click, no-code environment. Additionally, workflows can be shared with others, giving auditors the ability to share their expertise with everyone on their team.

Continuous auditing and monitoring

The Continuous Analyzer allows auditors to automate scheduled runs of an Expert Analyzer workflow. This can be set based on a daily, weekly, or monthly schedule, or when another process has been completed. Data sources can be refreshed, exception criteria can be specified, and notifications can be set without requiring IT involvement, servers, or coding.

Visualize and report

With the knowledge that charts and graphs can make data much clearer, TeamMate Analytics provides multiple mechanisms for creating visualizations. These mechanisms can be used to help initially interpret the data or to communicate findings to others. Included in an Expert Analyzer workflow, multiple visualizations when shown side by side can tell a compelling story.

Document Linker

Reduce the administrative time and burden of pairing evidence such as vendor invoices, sign-in-sheets, receipts or other documentation to spreadsheet. TeamMate document linker, an advanced AI Vision (Microsoft) Technology, finds the relevant information from evidence and ties it back to the correct entry, and the a link is embedded to preserve the audit trial, save time and avoid mistakes.

Awards and Recognition

TeamMate Analytics, winner in audit technology by K2 Quality Awards
TeamMate Analytics, Bronze Stevie®, New Product of the Year in Governance, Risk, & Compliance Solutions, American Business Awards

Customer Spotlight

The Salvation Army’s path to risk-based auditing
By: Major Stephen M. Kelly, MBA
Several years ago, our organization’s International Headquarters in London issued a mandate that we begin “risk-based auditing,” without any definition of what exactly that meant. I’m familiar, of course, with definitions from groups such as the IIA.
Maus Frères & TeamMate+ Audit with integrated analytics
By: TeamMate Customer Stories
Maus Frères is a company with a long history in the retail sector, focusing on quality products, client comfort and satisfaction, and always looking forward. Internal audit is no exception.
Santa Rosa Rancheria Tachi Yokut Tribe and TeamMate Analytics
By: TeamMate Customer Stories
Lopez says the goal of his internal audit team is to continually strengthen and improve the growth of their business partners. And TeamMate Analytics is helping them do just that.
How data analytics helps internal audit evolve
By: TeamMate Customer Stories
As a government services provider, this organization’s internal audit team adheres to a risk-based audit approach to manage its ever-changing regulatory demands.
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