Case Study: Textron strengthens business controls and compliance while saving staff time with ACL

Data Analytics Strengthen Business Controls And Compliance

Textron Inc. is a global, multi‑industry company (aerospace, defense, finance and industrial) with roughly $10B in annual revenue and over 37,000 employees across dozens of business units. Its audit team faced the challenge of maintaining Sarbanes‑Oxley compliance and consistently monitoring business processes and controls across a complex, decentralized organization.

By deploying ACL data analytics across accounts receivable, accounts payable, HR and other areas, Textron’s auditors were able to identify root data and control weaknesses, assist business units in remediation, and replace ineffective sampling with full‑population analysis. The result was significant staff time savings, stronger assurance of business practices, and more effective monitoring of structural controls.

Textron

Nicholas Melfi

Audit Manager