ACL Analytics Archived Reviews (More than two years old)

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Vendor
Managing Member at Christina M. Durta, CPA, LLC
Jun 05 2016

What is most valuable?

The ability to rapidly test 100% of data without having to worry about altering or corrupting the original data. Can easily find errors and duplicates, as well as perform… more»

How has it helped my organization?

It is very helpful in recovering overpayments and accounts payable monitoring. For example, duplicate payments, missed discounts, price discrepancies, and credit memos not… more»

What needs improvement?

The live training costs are too expensive. There are free self learning tutorials included with the product, but it would be nice to go to a class with an instructor.

What's my experience with pricing, setup cost, and licensing?

They have changed their pricing model. Now it's an annual fee instead of a one time purchase.

Which solution did I use previously and why did I switch?

I have previously used Microsoft Office programs such as Excel and Access. ACL can handle larger data sets. It also offers more flexible testing since the user is able to… more»

What other advice do I have?

I think it is great, but requires some devotion to learning. It is an audit product with some data visualization capabilities. It is meant to do data cleansing and finding… more»

Which other solutions did I evaluate?

I looked at TopCAATs (Wolters Kluwer) and IDEA. It seems that ACL is the most prominently used product in the industry, and that is the main reason I went with it.

What is ACL Analytics ?

ACL Analytics connects you to any data source, and lets you run sophisticated risk analytics and detect anomalies or patterns that you simply can't illuminate with any amount of random sampling, spreadsheet ninjutsu or generic business intelligence. It's designed for you, the GRC professional.
ACL Analytics customers
Essar Group, Dean Foods, Lafarge North America, Austrian Ministry of Finance