TeamMate by Wolters Kluwer
39 Case Studies
A TeamMate by Wolters Kluwer Case Study
OneAZ Credit Union, a financial institution based in Arizona, sought to enhance its internal audit processes. The challenge was that traditional sampling methods were no longer sufficient to analyze the vast amounts of data the credit union generated, limiting their ability to uncover risk comprehensively. To address this, they implemented TeamMate Analytics from Wolters Kluwer, a tool designed to be used by all auditors regardless of their IT skill level.
The solution from Wolters Kluwer enabled the internal audit team to analyze 100% of their data portfolio instead of just samples. This allowed them to identify and resolve issues that were previously missed. The Internal Audit Manager reported more than doubling his use of data analytics in audits. The team also gained valuable insights from the TeamMate Audit Benchmark, which confirmed they were ahead of their peers in data analytics while identifying areas for future improvement, helping them maintain a competitive edge.
Jason Garlutzo
Internal Audit Manager