Continuous Control Monitoring - SatoriCCM

What is Continuous Control Monitoring?

 
 
 

Continuous Control Monitoring is an automated and independent re-assurance process that ensures:

  • Policies
  • Procedures
  • Cross system transactions
  • Operational controls

are operating effectively, efficiently and achieving their function.

Continuously!


 

 

 

How Does CCM, Continuous Control Monitoring Work?

 

SatoriCCM-continuous-control-monitoring

 

Get started with the latest guide to Audit Analytics

What's inside?
  • The 5 Levels of Audit Analytics Model
  • What risks to analyse 
  • A range of potential "low hanging fruit" tests for high risk areas including Payroll, Accounts Payable, and Accounts Receivable
  • Important considerations and implications for auditors 

Download the Guide

 

Satori-CCM-continuous--control-monitoring-audit-analytics-guide-download

 

 

 

Benefits of Continuous Control Monitoring

Have Greater Peace of Mind

  • Increase the integrity and accuracy of data
  • Monitor for mistakes and fraud on a DAILY basis
  • Identify abnormalities as soon as they occur, before they escalate
  • Catch payments BEFORE they are made

 

Save Time and Resources

  • Management of Exceptions from detection to resolution to ensure proper action is taken
  • Automatic testing of high volumes of transactional and Master file data
  • Continuous monitoring of multiple, disparate data sources

 

Hard Truths

  • Four out of ten Australian organisations are victims of fraud
  • Over a third of these costs in excess 0f $1,000,000 for the organisation
  • Organisations only recover on average 11% of losses, even in prosecuted cases
  • Money becomes harder to retrieve over time, if not detected in a timely manner
  • SatoriCCM has saved one customer over $1,200,000 a year in over-payments

See results straight away

  • SatoriCCM usually starts with areas of common risk like Accounts payable, Payroll and Purchase Cards Spending to return immediate results
  • As your framework grows, SatoriCCM can customise tests to suit your company’s needs

 

Improve Internal Controls

  • Identify any control breakdowns in organisation
  • Identify process issues and root causes
  • Fix weaknesses as you manage the exceptions
  • Alter organisational behaviour and discourage fraud

 

Fully Serviced

  • Delivered as a Managed service solution
  • Can be implemented as a cloud solution to reduce IT infrastructure costs
  • Monthly subscription fee inclusive of software, services, upgrades, and on-going monitoring, training and reporting

 

 

 

 

Why we created SatoriCCM?

...to change people’s behaviour, create a culture where the rules are being implemented ….of being mindful with a company’s money and set the tone for the organisation

Gavin Steinberg Managing Director, Satori Group

Gavin-Steinberg-Managing-Director-Satori-Group

 

 

 

An automated and independent re-assurance process 
Ensure your Policies, Procedures, Cross System Checks and System Controls are working effectively, efficiently,
are well designed and achieving their function continuously.

 

A full control solution across all business areas and all business data.

Accounts Payable

Our Champion: Natalya Levenkova

In this short slide show our GM of Customer Success, Natalya Levenkova, explores the most popular subject area for CCM, Accounts Payable. 

Our customers save phenomenal amounts of cash every day by preventing and addressing the causes of duplicate invoices. 

If a duplicate invoice is paid you may never be able to recover the full amount of cash lost. In this intro Natalya covers how CCM is much more than just exception reporting.

 

 

 

 

 

SatoriCCM's impact 

SatoriCCM is the only way for CFOs and Financial Controllers to sleep better at night. We are the continuous control monitoring specialists, and we're the best at it. 

Troy Nicholson Sales Director Satori CCM, Satori Group Autralia

Troy-Nicholson-Sales-Director-Satori-CCM-Satori-Group-Autralia

 

 

Companies Thriving With SatoriCCM

Some of the companies working with us

Satori-Group-SatoriCCM-Companies-Trust-Factors

 

 

 

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