New regulatory requirements and growing corporate governance expectations are pushing the demand for increased transparency in financial reporting and the independent validation of internal controls across all organizations. The pressure to minimize all forms of revenue leakage and profit erosion remains strong, forcing companies to look inside their own transactional data to find ways to optimize business performance, improve operational efficiencies, and enhance bottom-line results.

The sheer volume of data and the complex nature of today’s business operations can hamper the ability to isolate problems and investigate underlying issues. Yet as a result of new regulations, in particular the Sarbanes-Oxley Act, the need to verify internal controls efficiently through such means as transaction analysis at the source level is more important than ever before.