IDEA is simplified, streamlined analysis.
The Analysis tab integrates the most commonly used tasks in data compilation, assembly, and analysis for a streamlined experience that outperforms spreadsheets and other audit software.
The convenient Re-run task saves you time and effort in a click. Repeat the most recent action, change parameters to correct errors, or rerun a task with slight changes each time to explore what-if scenarios and optimize decision making.
Extract tasks help you narrow down your analysis and retrieve data that satisfies specific criteria. Reveal risky transactions and spot big spenders (Top Records). Extract multiple databases from one large database based on a key value such as branch number (Key Value) Identify transactions that occurred after the year end cutoff date (Direct Extraction).
Explore tasks help you delve into your data to spot oddities and outliers. Forecast and extrapolate with predictive analysis tasks, including Correlation, Trend Analysis, and Time Series. Detect gaps and duplicates in sequenced data such as invoice numbers. Test digits for deviance with a series of fraud detecting tasks based on Benford's Law.
Categorize tasks help you uncover meaning in seemingly disparate data elements. Discover commonalities and anomalies by aging Accounts Receivable data. Stratify your data to create profi les and investigate deviations from expected trends. Summarize payments by supplier to view total payment amounts.
Relate tasks help you join, append, and compare databases. Match databases with one or more common fields such as purchase order number. Combine separate vendor and customer tables to check for errant accounts. Match payroll and employee tables to reveal unmatched records and ghost employees.
When testing an entire population is impractical or uneconomical, Sample tasks help you estimate characteristics of the whole based on a subset. Save time and effort in calculating sample size, evaluating results, and drawing statistically valid conclusions.