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konaAI solutions is aligned with ACFE/COSO Fraud Risk Management framework. It provides accurate and meaningful insight into high-risk business areas to develop risk-based audit plans.
konaAI’s internal audit software is choosen for its user-friendly, quick deployment, and cost-effectiveness, konaAI aligns audit workplans with various enterprise risks and performance activities.
konaAI’s centralized monitoring and risk-scoring method handle large financial activities objectively, facilitating efficient audit testing, handling sums from hundreds of millions to tens of billions in third-party spend or sales—sorted from highest to lowest risk for your audit testing on an objective, repeatable basis.
Our internal audit software empowers auditors to set up multiple cases, facilitating pre-onsite data analytics and faster, cost-effective audits.
konaAI’s machine learning proactively surfaces risk items based on past audit experiences, allowing for the efficient review of the top 25 or top 50 riskiest transactions from a dataset of 250,000 invoices. Additionally, as transactions or third-parties are tagged for risk indicators, that information is captured and saved for future audit intelligence in your machine learning model.
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Discover how konaAI can help you identify and reduce risk while showcasing the effectiveness of your monitoring, auditing, and investigations programs.
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konaAI products are designed for use with SAP® R/3® & Oracle.