Modernizing risk management: How AI-powered automation is redefining audit and controls testing: https://uipath.ly/3IqKjxo

Audit...the word alone can make you shudder. But whether that discomfort stems from the auditor’s boredom, or the auditee’s fear, both parties can agree that audit needs an audit.

This is especially true in Financial Services governance, risk, and compliance. At a time when industry regulatory fines number over $5 billion, getting things right the first time has never been more crucial. The problem with traditional audit and control is that it’s manual and defensive, whereas leading firms embrace an emerging framework that’s automated and preventative.

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