Transcript Open - TeamMate Connect

Bandung, Indonesia
December 4th 2012
Opening Remarks
Derek Titterington, AP Sales Director - TeamMate
New Frontiers
TeamMate
Frontiers
• the frontier between
auditors and
1. areas near or beyond a boundary
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2. a region at the edge of a settled area
3. a transition zone for explorers and pioneers
4. a new field for exploitative or developmental
activity
technology enabled auditors
Community
• Content
They were sent to the TeamMate User
Forum on an expedition to explore new
Thought
Leadership
audit technology
frontiers
Innovation
New Service
Offerings
adhere,
all clear, endear,
headgear, more beer,
no fear, premiere, sincere, veneer
C
Join the Conversation
Facebook.com/TeamMateAudit
@TeamMateAudit
YouTube.com/user/TeamMateAudit
TeamMate Community Group
TeamMate Connect
We have completely redesigned our TeamMate User Community
and transformed it into TeamMate Connect
www.teammateconnect.com
Obtain TeamMate documentation
Suggest software enhancements
TeamMate
Connect
allows you to “connect”
withTeamMate
valuable career
resources,
Participate
in surveys
Explore
opportunities
Download
TeamMate
upgrades
content,
events,
and other
TeamMate users
while providing
you a friendlier
Participate
in online discussions
TeamMate services
Collaborate with other TeamMate users
andExplore
more interactive
experience.
Participate in Focus Groups
Obtain TeamMate Content
TeamMate Connect is Optimized for Mobile and
multi-language enabled
Content
We have made content a key initiative for TeamMate
• We have a full time resource dedicated to evaluating, obtaining, creating,
and managing TeamMate content
– Audit Programs, Risk and Control Libraries, Workpaper Templates, etc.
• We have an improved distribution mechanism for TeamMate content –
TeamMate Connect
Thought Leadership
2011 TeamMate Technology Survey
Survey focus:
“How internal audit can more effectively
leverage technology”
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Nearly 600 responses from TeamMate users around the
world
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Respondents described key factors that helped them
increase their effective use of technology
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Survey followed up by series of interviews with CAEs
on topic of technology effectiveness
Thought Leadership
This report demonstrates how
leading internal audit organizations,
large and small, are utilizing
technology to streamline and
strengthen their operations.
Thought Leadership
TeamMate research and analysis has identified
a four-stage sequence through which internal
audit functions appear to move as they
progress or mature in their technology
deployment.
The Technology Maturity Model outlines a
broad range of audit technology-related
practices spread across four technology
maturity levels: Initial, Adequate, Enhanced,
and Optimized.
TeamMate Technology Maturity Model
Drill-down dashboards of
all key audit activity
Quality assessment tool
Automated sharing of audit
programs and files
Formal technology strategy
Expanded technical
training for staff
Automated work papers
Reusable programs and checklists
Initial use of CAATs
Technology specialist(s)
Files, etc., in electronic format
Continuous controls testing
and monitoring
Intranet for audit knowledge sharing,
training, and access to tools
Highly skilled data team
Custom data mining / data analytics
Use of technology a core
competency
Expanded suite of data tools
Standalone automated testing
Online training programs available on
Data retrieval used on most
routines, e.g. fraud
demand
audits
Fully integrated audit management system
Risk assessment tools
Access to external risk and
control databases
Audit scheduling tool
Initial ad hoc data mining
Issues availability, tracking updating by
management
Continuous risk assessment
University Curriculum Initiative
Incorporating TeamMate into Universities Internal Audit curriculum
• TeamMate with be integrated into the next edition of Sawyers Internal Audit
text book
– 10,000 copies sold every year to over 250 universities
• Currently, University of Texas in Austin and Dallas are both piloting the
program
• DePaul University, has integrated TeamMate into the graduate and under
graduate internal audit programs.
Innovation
• TeamMate is committed to innovation
– New functionality to leverage emerging technologies
– New functionality to support evolving audit methodologies
– New products to address key adjacencies
• Over 10,000 development hours per month
– A team of business analysts that review and integrate input from:
• Focus Groups, User Groups, Surveys, User Feature Requests, Consultant Feedback,
Market Analysis, Technology Conferences, Audit Industry (IIA) Standards
• Open Innovation Contest
www.myauditinnovation.com
Open Innovation Winning Idea
Grand Prize Winner:
Erica Maciel – Western Union
Audit Team Collaboration
Integrate a system like Facebook into TeamMate so that the audit group would
have a real time way of asking questions about the audit to anyone on the global
team to provide feedback… allow global teams to collaborate … open up an IM to
speak with them real time.
Audit Team Collaboration
Enhancements coming in
10.3 will make TeamMate the
industry leader for audit
team collaboration
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Threaded ‘instant message’
type conversations
Multiple recipients
Cross project notes
User pictures
Confidential notes
Due dates
Announcing TeamMate CM
TeamMate CM (Controls Management / Compliance Management)
• The first completely new product introduction since the launch of
TeamMate Audit Management System (TeamMate AM) in 1994.
• TeamMate CM was built from the ground up in a “next generation”
environment to be a industry’s premier Controls Management /
Compliance Management solution.
• Completely manage your Sarbanes Oxley (or SOX like) requirements
– SOX, J-SOX, Circular A-123, Bill 198, King Report, etc.
TeamMate CM
• Its innovative design has an intuitive interface, incorporates client
identified efficiencies and flexibility and focuses the user’s attention on a
dynamic working view
• CM is the first product to be released on our NextGen Platform and sets
the foundation for new design concepts
• Integrates with TeamMate or can be used as a standalone product
• Will be released in early 2013
TeamMate CM
TeamMate CM
TeamMate Services - Hosting
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99.99% lifetime uptime
100 Hosted Clients – 54% growth in 2012
In the works:
– London Data Center
– US Federal Data Center
– Asia Hosting?
TeamMate Hosting Users
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Bandung, Indonesia
December 4th 2012
Enjoy the Forum!