Webinar: Vision to Reality: How a City Finance team built in continuous controls monitoring
Providing assurance that internal controls are working shouldn’t wait for a costly annual audit. Finding the right balance between process controls and efficiency is key. Continuous control monitoring can create a stronger control environment, but getting started can often be a mystery. This was the challenge for the financial controls manager at the City of Lethbridge. Darrell Matthew’s vision was to introduce automated continuous controls monitoring within his department. Since embracing technology, they are no longer buried in spreadsheets and have optimized everyday activities such as automating operations in their Accounts Payable department. With less time spent on complaint calls and follow up, efficiency is at an all-time high.