ACL Services

ACL for Audit Management


4 / 5
17 reviews

Who Uses This Software?

Internal audit teams who are looking for ways to effectively manage, streamline and centralize all of their activities in one place.


Average Ratings

17 Reviews

  • 4 / 5
    Overall

  • 4 / 5
    Ease of Use

  • 4.5 / 5
    Customer Service

Product Details

  • Starting Price
    Not provided by vendor
  • Free Demo
  • Deployment
    Cloud, SaaS, Web
  • Training
    Documentation
    Webinars
    In Person
  • Support
    24/7 (Live Rep)

Vendor Details

  • ACL Services
  • www.acl.com
  • Founded 1987
  • Canada

About ACL for Audit Management

Supercharge your audit value with easy-to-use audit management software and integrated analytics. Eliminate time-sucking tasks and unlock insights trapped in documents by using engaging and collaborative technology, so you can focus on the strategic areas of your organization. The ACL platform captures audit information in a way that you can analyze and report on using your goldmine of business intelligence. Let our audit software help you bring your data, insights, and value into the light.


ACL for Audit Management Features

  • Compliance Management
  • Dashboard
  • Exceptions Management
  • Internal Controls Management
  • Issue Management
  • Multi-Year Planning
  • Risk Assessment
  • Archiving & Retention
  • Audit Trail
  • Controls Testing
  • Environmental Compliance
  • FDA Compliance
  • HIPAA Compliance
  • ISO Compliance
  • OSHA Compliance
  • Risk Alerts
  • Sarbanes-Oxley Compliance
  • Version Control
  • Compliance Management
  • Credit Risk Management
  • For Hedge Funds
  • Liquidity Analysis
  • Loan Portfolio Management
  • Market Risk Management
  • Operational Risk Management
  • Portfolio Management
  • Portfolio Modeling
  • Risk Analytics Benchmarks
  • Stress Tests
  • Value At Risk Calculation
  • Assignment Management
  • Dashboard
  • Escalation Management
  • Issue Auditing
  • Knowledge Base
  • Recurring Issues
  • Scheduling
  • Task Management
  • Auditing
  • Business Process Control
  • Compliance Management
  • Corrective Actions (CAPA)
  • Dashboard
  • Incident Management
  • Internal Controls Management
  • Risk Assessment

ACL for Audit Management Reviews Recently Reviewed!


Tremendous Time Saver

Dec 12, 2018
4/5
Overall

4 / 5
Ease of Use

4 / 5
Features & Functionality

5 / 5
Customer Support

4 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: The ability to script repetitive tasks. ACL allows the user to "code" the steps performed so that they can be repeated at a click of a button. This whole process can be done without knowing any programming language because ACL records the steps that you have taken, which can then be copied into a script and run whenever it is needed.

Cons: The PDF converter. ACL has the ability to convert a pdf into a table, however the PDF needs to be a fairly simple one otherwise the data columns tend to jump around.

Overall: We are currently using ACL for everything from gathering of statistical information for senior management, compiling risk factors for audit selection to analyzing taxpayer information prior to performing an audit

ACL for GRC/Audit

Dec 12, 2018
4/5
Overall

5 / 5
Ease of Use

4 / 5
Features & Functionality

4 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 8.0/10 Not
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Pros: ACL is an easy to use GRC system. The focus is not on Sox or compliance management, but rather an integrated approach to risk and audits. This makes it more suited to teams that focus on risk management and operational reviews aligned with these risks. Sox modules are well developed and easy to use, but is not the primary focus of the tool. Added benefit of utilizing data analytics (which ACL is known for) in the audits and risk assessments as well as being able to build in continuous monitoring opportunities.

Cons: There isn't a lot to dislike about the software. Some of the drawbacks are within the Sox/compliance module, primarily stemming from the fact that the tool is not designed specifically for that purpose. However, we are seeing with each new release that some of these are being addressed.

Overall: We wanted a tool to address our management of risks, related audits and an added benefit of managing our compliance program. Additionally, we wanted the tool to be able to analyze data and help in managing risks and developing continuous monitoring types of reviews. ACL fit the bill.

Solid Software

Dec 11, 2018
4/5
Overall

4 / 5
Ease of Use

4 / 5
Features & Functionality

5 / 5
Customer Support

4 / 5
Value for Money
Likelihood to Recommend: 7.0/10 Not
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Pros: One of my favorite, and most helpful things about ACL is the data import. It is clean and quick, and very easy to learn. Also the scripting is very helpful because you can rerun processes without redoing the work and have scripts run automatically.

Cons: There are features of ACL that make it difficult to work with if you are trying to take notes or change a cell's information. For example, you can't really add a new column with your notes in specific cells.

Overall: Overall, it has helped automate some of our audit processes. However, sometimes it has limitations and we have to use a SQL/Teradata, Tableau, or Excel which defeats the purpose at times.

So easy to use!

Dec 11, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: ACL is super easy to use. We use it for both analytics and GRC. Keeps things organized and helps us analyze large amounts of data quickly! Love it and would recommend to any audit team big or small.

Cons: Nothing to complain about here! We looked into other audit management software options and ACL seemed to be the easiest to implement "out of the box"and we haven't been disappointed.

Capterra loader

ACL Review

Dec 10, 2018
4/5
Overall

5 / 5
Ease of Use

4 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 9.0/10 Not
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Pros: The ACL tool is easy to use and offers convenient reporting.

Cons: The ACL tool needs better or more configurable way to track progress on projects. All steps should not be weighted equally. Overall, the scheduler could be enhanced with more options.

Overall: Overall, our team is satisfied with the ACL tool. We are currently using it to track analytics projects and will begin to integrate more risks and controls in the coming weeks.

Addressing customer need

Dec 10, 2018
4/5
Overall

4 / 5
Ease of Use

4 / 5
Features & Functionality
Likelihood to Recommend: 8.0/10 Not
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Pros: I like how ACL has taken into consideration requests and desires of the customer base and build them into their software. They continuously make their software better year after year.

Cons: Sometimes the inability to change how a specific piece works is a downside and limits customization, but we have found most times if we go back and rethink the process we find a suitable solution that does fit the software's approach.

Overall Good Software

Dec 10, 2018
5/5
Overall

4 / 5
Ease of Use

5 / 5
Features & Functionality

4 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 8.0/10 Not
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Pros: There is continuous focus on improving the technology and each year something new is released that makes auditing easier.

Cons: Some parts of the software are not user friendly and can be a bit complicated to use without using a consultant

ACL

Dec 11, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: Easy to pick up and learn. Allows you to rapidly analyze datasets and action.

Cons: Very slow performance. Doing basic things analogous to 'a subselect in SQL' is more painful than it needs to be.

ACL - Doing What Other Don't

Dec 19, 2018
4/5
Overall

4 / 5
Ease of Use

4 / 5
Features & Functionality

5 / 5
Customer Support

4 / 5
Value for Money
Likelihood to Recommend: 9.0/10 Not
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Pros: I like that it has taken in to account the needs of audit documentation and consolidating all functionality in to one Application. I also like that when taking to ACL reps, they listen and use the feedback to make changes to help address requirements.

Cons: Not much, I would say the custom reporting capabilities to match what customers were using before ACL. While I prefer to use ACL as designed, it doesn't have the capabilities to print more graphs and tables.

Overall: Still implementing it, but ACL support has been very helpful

ACL Review

Dec 18, 2018
4/5
Overall

4 / 5
Ease of Use

4 / 5
Features & Functionality

5 / 5
Customer Support

4 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: Training - I have never used anything like ACL so having really good training is extremely important. I have done a lot of online learning but nothing I have taken comes close to the training provided by ACL. It is even better now that the modules are more condensed and focused topically.

I am a rookie and have a ways to go before I finish but thanks to the exceptional training that is provided, I am seeing the benefits of ACL for our organization.

Cons: There are a number of different ways to get the same result and I am not always convinced I am doing it the right way. I find it difficult to pull results when multi-line fields are being imported. Not sure how to it correctly.

Overall: We are using 1985 green screen technology and I have to import the data through SQL Server. Much to my surprise, I am getting the results needed for the most part unless I am working with multi-line fields.

Great if you know what you are doing!

Dec 14, 2018
4/5
Overall

2 / 5
Ease of Use

4 / 5
Features & Functionality

4 / 5
Customer Support

4 / 5
Value for Money
Likelihood to Recommend: 7.0/10 Not
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Pros: We are in the initial stages of using the software. I think there needs to be a lot of training before someone can claim to be able to fully use the software. However I am excited to learn all the potential uses and also being able to add value using this software.

Cons: It would really not be fair to comment on this till I learn all that ACL can offer and be able to use it.

ACL Analytics Review

Dec 12, 2018
4/5
Overall

4 / 5
Ease of Use

5 / 5
Features & Functionality

3 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 9.0/10 Not
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Pros: Features, ease of use, compatibility with older versions and projects.

Cons: Some steps are a bit complicated and need refreshing, especially the scripting pop up window

Overall: This Software continues to be the best Computer Assisted Audit Tool, it has the most features the best overall presentation and vast compatibility with other tools and IT systems.

ACL Review

Jan 10, 2019
4/5
Overall

4 / 5
Ease of Use

4 / 5
Features & Functionality

4 / 5
Customer Support

4 / 5
Value for Money
Likelihood to Recommend: 8.0/10 Not
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Pros: Ease of use, the log is simple and helpful for writing scripts.

Cons: When you a highlight a column the sum si not provide in the buttom left corner there is a ? until you click analyze, count from the task bar.

Powerful software, but there are cheaper alternatives outthere that does the same job

Dec 10, 2018
4/5
Overall

4 / 5
Ease of Use

4 / 5
Features & Functionality

4 / 5
Customer Support

4 / 5
Value for Money
Likelihood to Recommend: 7.0/10 Not
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Pros: It is totally cloud based which makes it easy to access anywhere any time.

Cons: It is costly, the same functionality can be obtained from other similar AMS.

Overall: Powerful software, but there are cheaper alternatives out there that does the same job with better functionalities and ease of use.

Good product, great customer service

Dec 19, 2018
4/5
Overall

4 / 5
Ease of Use

4 / 5
Features & Functionality

5 / 5
Customer Support
Likelihood to Recommend: 9.0/10 Not
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Pros: It has good features and there is a lot of good training available for ACL Analytics. Not about the software itself but there is great customer support available- they are always very helpful and willing to explain/provide additional information.

Cons: Not about the software itself but I was hoping for better training materials for ACL Exchange.

Capterra loader

ACL for Audit Management

Dec 14, 2018
3/5
Overall

3 / 5
Ease of Use

4 / 5
Features & Functionality

3 / 5
Customer Support

4 / 5
Value for Money
Likelihood to Recommend: 9.0/10 Not
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Pros: Ease of managing large data and the ease of applying scripts compared to MS office.

Cons: The history and the scripts are not easy to find and store.

Overall: Payroll benefits and improvements.

ACL Audit Management

Dec 14, 2018
5/5
Overall

5 / 5
Ease of Use

4 / 5
Features & Functionality
Likelihood to Recommend: 7.0/10 Not
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Pros: This tool give us the ability to gain more comfort over a process than we would be able to with a normal audit. Very powerful tool.

Cons: Some lead time is needed to gain experience to truly get value out of the software.