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Strategic Alliance Improves Internal Auditing Efficiency

Pallas Athena announces a strategic partnership with TSC Business Solutions and Corporate Quality Group in Austria

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PRLog (Press Release) - Jul. 12, 2011 - Apeldoorn, The Netherlands – TSC Business Solutions, a leading Austrian Consulting Organization specializing in ACL Data Analysis Software, and Corporate Quality Group, a Process Modeling and Governance Consulting Firm, form a strategic partnership with Pallas Athena, a global business process management (BPM) and software solutions vendor. The partnership enables Pallas Athena to distribute their ReflectOne Audit Software Solution to Internal Auditors on the Austrian market.

“We look forward to working together with TSC Business Solutions and offering Internal Auditors our value proposition of improving operational performance audits in terms of time, quality, and accuracy,” says Tobias Rother, EVP Global Sales, Pallas Athena. “Together with TSC Business Solutions and Corporate Quality Group, we are able to offer our Austrian ReflectOne clients local sales, consulting, execution, instructions, and on-site training.”

Pallas Athena´s ReflectOne Audit Software Solution is the leading Software Solution for automated process analysis of business processes. ReflectOne Audit uses a process mining technique that takes data from event logs and displays all business processes as-is. Instead of getting a good impression through sample data or walk-through interviews, ReflectOne is able to provide a complete picture of all processes including every single step, path, and exception. ReflectOne’s Process Mining technique complements nicely the often used Data Mining software solutions Caseware IDEA or ACL.

“Up until now processes are only analyzed through interviews and sample data,” says Gabriele Fuegl-Bolek, Partner, Corporate Quality Group. “That makes it difficult to identify the actual as-is processes and all the exceptions. The partnership between TSC Business Solutions and Pallas Athena, as well as their ReflectOne Process Mining Software Solution, enables us to quickly identify relationships and provide our customers with the possibility of immediate and proper response.

ReflectOne Audit will contribute to TSC Business Solutions’ long standing business success around distribution and training of ACL software. The clients of TSC Business Solutions have now the advantage of combining their process analysis with ReflectOne and ACL Software and consequently receive faster and better results. The preparation phase is significantly reduced with ReflectOne, yet simultaneously it increases the quality of the audit. The support and project implementation is completed by the Data Mining Expert Team of Corporate Quality Group in Vienna.

“The increasingly more and more complex internal audit tasks require great software solutions that can provide valuable information in a timely manner. With ReflectOne we are able to offer our clients a perfect supplement to an existing data analysis solution,” says  Thomas Schwalb, Founder, TSC Business Solutions.

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About Pallas Athena
Pallas Athena is a leading international supplier of innovative BPM software and process solutions. Serving nearly 2,000 satisfied customers and over 1 million users found in more than 30 countries around the world. Pallas Athena has offices in Australia, Belgium, Curacao, Germany, Netherlands, the UK and the U.S. To find out more, please visit: www.pallas-athena.com

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Contact Email:
***@pallas-athena.com
Source:Pallas Athena
City/Town:Apeldoorn - Gelderland - Netherlands
Industry:Process Mining
Tags:, , , Internal Audit Software Solutions
Shortcut:http://prlog.org/11580731
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