In a rapidly changing world, auditing your HR and Financial systems to ensure they are secure and compliant has never been more important. With Workday forming the backbone of your enterprise infrastructure – managing everything from employee data to key financial cycles – it’s critical that your system secures privileged, personal, and sensitive data, and mitigates the risk of fraud or exploitation of vulnerabilities.
But achieving confidence in the integrity of your controls within any enterprise system is complex and extremely time-consuming.
Introducing Smart Audit – an automated Workday audit and compliance solution
Built by Workday audit experts for Workday users, Smart Audit offers Workday customers a robust automated compliance tool that immediately reduces risk, provides greater control, and ensures transparency.
Smart Audit delivers instant value by immediately detecting compliance-related risks before they adversely impact your business—upon deploying Smart Audit, 90% of customers found high-risk issues within their IT controls that they were able to rectify before issues could occur.
Smart Audit instantly performs the audit and compliance tasks that normally take months of painstaking and detailed analysis. Proactively monitoring your organization’s entire Workday estate, Smart Audit provides better audit outcomes while freeing up staff to focus on more strategic or value-add activities.
Identify and safeguard Segregation of Duties (SoD) conflicts
Non-compliance with regulations such as Sarbanes Oxley can have devastating financial, reputational, and criminal consequences for organizations. One of the most common SOX challenges that businesses face is finding workers who hold a combination of permissions which create SoD violations. Smart Audit detects and alerts on SoD conflicts in Workday to mitigate the risk of malicious or accidental wrongdoing.
