Reducing the Cost of Compliance with Intelligent Controls Automation

07/30/19 • 12 min

Transforming Risk into Confidence: A PwC podcast series

In this episode, Stephen D'Arcy joins Bob Clark to talk about the potential for intelligent controls automation to reduce the cost of compliance and improve quality and confidence.
We discuss the following questions:
0:36 - What is intelligent controls automation?
3:42 - What are some benefits a company would expect to receive through intelligent controls automation?
7:56 - How can intelligent controls automation help companies not as advanced, that are more manual?
9:36 - What applications can use intelligent controls automation?
10:36 - What are the key takeaways when looking to go through a transformation?
https://www.pwc.com/us/en/services/risk-assurance/podcasts/controls-automation.html

Previous Episode

RPA and AI - Breaking Down the Alphabet Soup of Emerging Tech

In this episode, we talk about robotic process automation and artificial intelligence in the context of PwC's Intelligent Automation Framework. Ryan Martin and Jennifer Lendler join Bob Clark to discuss some of the exciting uses companies are finding for these technologies and break down the risks and challenges that accompany these emerging technologies in the real world.
We discuss the following questions:
0:57 - What are the differences between robotics, artificial intelligence and machine learning that CFOs and clients are hearing?
4:24 - What are some of the more exciting use cases seen at clients and out in the market for RPA?
6:54 - What is happening in the marketplace around AI and other advanced technologies?
9:04 - What are some of the challenges and basic lessons learned with employing an intelligent automation framework around RPA seen in the market?
12:28 - What are some of challenges and risks with organizations and the deployment of AI?
16:17 - What is exciting about the potential for automation in the future?
https://www.pwc.com/us/en/services/risk-assurance/podcasts/breaking-down-emerging-tech.html

Next Episode

SAP S/4HANA Transformation - Addressing Compliance through Focus on Controls, Security, and Cybersecurity

In this episode, Holly Marrs joins Bob Clark to talk about the planning process and steps to take in an SAP S/4HANA transformation that will help you address and integrate controls, security, and cybersecurity to reduce and manage risk during your transformation in an efficient and cost-conscious manner.
We discuss the following questions:
0:51 - In a S4/HANA transformation, what is important to think about with regard to design, controls, security and GRC?
3:10 - What should you know about the new user interface, Fiori?
4:17 - How should you think about GRC as you're going through your design?
5:26 - What are some ways to gain improvements using S/4 and the configuration?
6:48 - What are some of the capabilities you could implement with process control to help get continued assurance?
7:58 - How do the options within moving to the cloud impact cybersecurity?
10:10 - What does a company need to think about in terms of resourcing and planning from a controls and security in GRC perspective?
11:56 - What does it mean to be agile in terms of an implementation?
13:30 - What can go wrong when security and controls are not taken into account in the beginning?
15:30 - What are the key takeaways when looking to embark on a transformation?
https://www.pwc.com/us/en/services/risk-assurance/podcasts/sap-s4hana-transformation.html