Quick Finance Tip - Embedded Audit Module

We like to say, it is paramount to understand and control your internal controls. Also, given the reduction in paper processing and transactions (with the heightened activity in electronic and cloud activities), it is important to know about embedded audit modules. This is an audit practice, where if we take what they do in the audit industry, it allows auditors to monitor transactions and processes to help identify potential fraudulent activities, errors, or just "off trend" or "off pattern" items.