CaseWare Analytics Releases CaseWare Monitor 5, the Industry Benchmark in Continuous Monitoring Solutions
Toronto, Canada, November 24, 2015 — CaseWare Analytics has released Version 5 of CaseWare Monitor, its industry-leading continuous controls monitoring software. Monitor 5 continuously analyzes an organization’s business systems data, detects problems, engages the business in remediation and collects critical information on the root cause of failures to minimize reoccurrence.
“This release significantly enhances our capabilities to deliver solutions that meet customers’ demands for a fully automated system that detects internal control failures and responds efficiently to remediate the issues,” says Andrew Simpson, Chief Operating Officer, CaseWare Analytics. “We’ve leveraged more than a decade of experience to deliver an enterprise continuous monitoring platform that is simply unmatched in this space.”
Monitor 5 introduces key capabilities that enhance the user experience, for the most basic users through to system integrators. It offers several deployment options, including a Cloud subscription model, and can engage with any employee via email. Significant improvements have been made to how the system interacts with customers’ existing enterprise platforms, including real-time interchanges and support for federated identity management. Data access has also been improved with certified connectors to other platforms (e.g., Concur).
CaseWare Monitor 5 is ideally suited for a variety of industries such as banking, money services businesses, gaming and casinos, insurance, education, government and more. It is a trusted solution for monitoring spend in procurement, purchase card and T&E processes, and there are also solutions for regulatory compliance, including anti-money laundering, anti-corruption and sanctions screening.
“By identifying problems as they arise rather than months later, CaseWare Monitor helps bring about incremental and sustainable internal control improvement,” says Michael Gilbert, CaseWare Monitor Product Owner. “We allow customers to move away from a recovery to a preventative approach, and all within a single platform.”