This means that the application can process enormous data in milliseconds. Furthermore, users are able to use numerous data files to match, authenticate and add information from various sources. These allow for easier analysis, sampling and display of data. The application allows users to also easily manage and organize data through a series of simple functions such as record specific matching, sorting and grouping of data, viewing of reports as well as alerting manipulation data fields through addition or deleting of fields. To avoid any unwanted changes the application only allows read-only user access and tracks any changes to the source. The applications also generate reports geared towards helping the companies attain their business goals (Approva Corporation, 2010).ĬaseWare IDEA enables users to import data in many formats from unlimited sources such as AS-400, XML, dBASE among others, as well as generate reports in varied forms such as Excel, Access, HTML and many more. This means that other than allowing for users to launch multiple applications under a single platform, users can also resolve audit issues from within the network. Furthermore, it allows users to perform multiple functions such as investigation and analysis under a single interface. The software also does both the auditing as well as monitoring functions. Other than auditing multiple controls, Approva One can show a correlation between various audit controls. This is referred to as 360 o View of Exceptions. It can investigate computer transactions directly by looking at the surrounding environment and comparing related information. This application has a number of key capabilities. Approva One is the only known continuous audit application that can allow finance, audit and Information Technology to operate from a single common platform and still retain the independence of policing their electronic transactions throughout their major applications.
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