Incisive solutions for finance teams create complete confidence in spreadsheets results. Incisive offers CFOs, Treasury and the office of the Controller software for business users to find their own spreadsheet errors (even when they think their spreadsheets are “fine”), and for you as the stakeholder to gain visibility into material spreadsheet usage and risk within your organization.
Internal Audit can’t always count on users to remember to disclose when they make changes to critical spreadsheets. At the same time, Internal Audit will at times team with business partners to determine if a spreadsheet is “critical” and will regularly review the numbers for compliance.
Spreadsheets remain an important part of collecting and aggregating data to address regulations like SOX, DFAST and CCAR. To meet requirements, organizations need to place controls around models in Excel, and organizations also need comprehensive reporting of who did what, and when they did it. This is a manual, time-consuming task prone to errors and, in the end, is still incomplete.