Case Study: Accident Fund Insurance Company of America achieves improved data quality, stronger controls and nearly $500K in savings with ACL

Accident Fund Insurance Company of America - Customer Case Study

Accident Fund Insurance Company of America, a Michigan-based workers’ compensation insurer, faced growing pains from rapid expansion that exposed data integrity problems, limited access to multiple data sources, weak risk monitoring and vendor processing discrepancies, all while managing regulatory requirements. These issues made it difficult for Internal Audit to reliably detect errors, control costs and support business units across claims, finance, IT and other functions.

The company implemented ACL data analysis solutions (including ACL Direct Link for SAP ERP) across Internal Audit and business teams to run repeatable, full-population tests and daily analytic batches. Using a library of 200+ reusable scripts in 45+ audits, Accident Fund quickly identified duplicate payments and vendor variances, recovered and avoided nearly $500,000 in the first 18 months, strengthened internal controls, improved data quality and enabled ongoing risk monitoring.

Accident Fund Insurance Company of America

Thomas Mackie

Principal Audit Consultant