Quadient, a global leader in business communication and logistics solutions, operates across multiple subsidiaries and regions. Managing such a diverse and complex organization posed significant challenges in streamlining internal audit processes, ensuring efficiency, and maintaining high financial control standards. To address these issues, Quadient partnered with Supervizor to enhance its financial oversight and risk management practices.
Problem
Quadient faced challenges in streamlining its internal audit processes across multiple subsidiaries and regions. The manual analysis of financial data was time-consuming and prone to errors, making it difficult to identify high-risk areas effectively. This lack of efficiency hindered the internal audit team's ability to focus on strategic priorities and implement robust financial controls.
Solution
To address these challenges, Quadient integrated Supervizor, an advanced automated audit platform, into its internal audit processes. Supervizor provided Marion Renoux, VP of Internal Control & Audit, and her team with tools to automate data analysis and monitor financial controls. By leveraging Supervizor, the audit team could efficiently analyze large volumes of data across multiple entities, identify anomalies, and allocate resources to the most critical risk areas.
Impact
The adoption of Supervizor transformed Quadient's internal audit function. Key results included:
Through its partnership with Supervizor, Quadient achieved a more proactive and data-driven approach to internal audit, setting a benchmark for efficiency and effectiveness in financial oversight. Supervizor has proven to be an indispensable tool, enabling organizations like Quadient to optimize internal controls, uncover risks, and drive continuous improvement. This collaboration highlights how technology can empower global businesses to achieve excellence in financial and operational management.