Futurists predict that the range of human activities that can be automated — and thus replaced by technological solutions — is expanding at an accelerating pace, meaning that many professions may undergo fundamental changes or even disappear in the near future.
In the field of Compliance (as well as other internal control functions), the scope of automatable activities is also continuously expanding — particularly in areas involving ongoing, repetitive tasks, where human intervention is only required in the case of anomalies. This is the essence of continuous monitoring, which, while unlikely to eliminate the need for human work entirely, is expected to significantly transform it. It enables control functions to shift their focus from anomaly detection to root cause analysis and deeper insights.
ABT is ready to support your organization in this area as well.
After gaining a thorough understanding of your organization and internal monitoring functions, we help:
- Assess technological development needs
- Identify and implement the most effective solutions (e.g. robotic process automation, specialized software, or system development)
- And, where applicable, train your staff to ensure the successful adoption and integration of these technologies.
Your personal contact:
Márton Gajdos dr., CIA, CISA
Partner, Risk & Compliance Services
