Case studies illustrate how organisations use Arbutus Analytics in practice to address specific challenges, improve processes, and deliver measurable results.
They focus on the context, objectives, and outcomes of real implementations, providing insight into what can be achieved with data analytics.
Case studies by Sepia Solutions
The example below illustrates how Arbutus Analytics has been applied in a client environment supported by Sepia Solutions.
Automated analytics: Continuous monitoring saves € millions
Using Arbutus technology, our client was able to report exceptions, improve business processes and save over € 4 million.
Supporting your organisation with Arbutus Analytics
If you would like to explore how Arbutus Analytics could support your audit, compliance, or data analysis activities, we would be pleased to discuss your situation and objectives.
Additional case studies
In addition to our own experience, Arbutus Software Inc. and its partners have published a range of case studies demonstrating how organisations have applied Arbutus Analytics in different contexts.
These examples provide further insight into the types of challenges addressed and the results achieved.
Transforming Prudential Bank’s reconciliation journey
Enhancing reconciliation and settlement processes at Prudential Bank Ltd. Accra, Ghana
Arbutus revolutionised reconciliation by streamlining financial processes, ensuring data integrity, and maximizing value. It achieved significant time savings, improved data accuracy, and proved cost-effective.
Implementing anti-money laundering (AML) solution with Arbutus
Fortune Sacco Ltd., operating in Kenya, needed robust financial reporting controls to comply with CBK’s anti-money laundering (AML) and terrorism guidelines (CBK/PG/08).
Fortune Sacco now assesses the validity of each customer transaction, enabling informed decisions. The finance and audit teams receive timely reports on transactions and customers of interest.
These examples illustrate what can be achieved in practice, but each organisation’s context is different. A guided evaluation can help assess how Arbutus Analytics would perform in your organisation, with your data and supporting your processes.
→ Learn more about evaluation
Continuous auditing & monitoring
ME Elecmetal, global supplier of solutions for mining increases productivity with continuous auditing and monitoring.
- Faster response time
- Effective team integration
- Automation of SAP processes
Working within the authorisation privileges of the SAP system, the audit team now have direct, independent access to SAP tables, enabling unlimited areas of analysis. This data access through Arbutus SmartLink+, combined with the powerful analysis features of Arbutus Analyzer, now make impactful analyses of the SAP data available to the audit team.
Enhancing internal controls performance with continuous monitoring & automation
National Applied Research Laboratories (NARLabs) is a Taiwanese independent non-profit institute that focuses on most critical research areas.
At the heart of NARLabs audit team’s agenda was the critical evaluation of the design and operational effectiveness of its internal controls.
The integrity of data processing stood as a paramount concern for the National Audit Office and The Directorate General of Budget, Accounting and Statistics (DGBAS) of Executive Yuan, with a spotlight on its accuracy, completeness, security, and reliability.
In parallel, the overarching goal for NARLAbs headquarters was to orchestrate the centralisation of administrative management operations spanning their diverse scientific research centres.
Safeguarding taxpayer funds; battle against tax fraud and financial misuse
The National Revenue Agency (NRA) in Bulgaria is a specialised government body, subordinate to the Minister of Finance.
- Detect fraud & financial abuse
- Import different file formats
- Perform analysis
- Export results
The NRA team of professional auditors has significantly increased the number and effectiveness of conducted audits, which has helped to increase the detection of tax fraud and financial abuses. In 2017 alone, Arbutus was used in 624 control proceedings.
Enhancing anti-fraud measures in the energy & utilities sector
A worldwide group of energy and utilities companies with approximately 7000+ employees and assets of $19B+
A major player in the energy and utilities sector based in the USA sought to fortify their internal controls against fraud and policy violations. Of particular concern were corporate credit cards and vendor master data.
With a vast array of transactions influenced by employee roles, locations, and international operations, manual review processes, spreadsheets and sample-based audits proved inadequate to address the scale and complexity of potential risks.
Ensuring data integrity during system conversion
One of the largest food and drug retailers in the USA, with over $ 25B in revenue, 2000+ stores in 30+ states
As the organisation underwent significant growth and expansion, it faced the complex task of overhauling systems across multiple distribution centres. The critical concern was maintaining data integrity during these system conversions. Specifically, verifying any discrepancies required meticulous attention to detail.
Enhancing SOX compliance
Managing 170+ SOX-related controls with over 80% classified as key controls.
With Arbutus, the once-daunting Oracle Security Baseline transformed.
What once consumed days, now unfolds in mere minutes. Datasets harmonised effortlessly and the mundane transformed into efficiency. Testing the Oracle Security Baseline manually would take 3-5 days due to the numerous datasets. However, the Arbutus script reduced this to less than 5 minutes.
AML compliance
Brazil’s Banco Paulista adopts risk-based approach to AML compliance, aligning with central bank regulations.
Amidst the rigorous terrain of banking regulations, Banco Paulista stands out as a paragon of compliance excellence.
Charged with fulfilling the Central Bank’s exacting requirements delineated in chapters 3461 and 3380, the institution not only achieved compliance but surpassed expectations.
Through seamless integration of Arbutus Analyzer into its operations, Banco Paulista not only upheld regulatory standards but also solidified its role as a reliable guardian of financial integrity.
Internal audit transformation
Maxis’ internal audit journey to data-driven assurance.
Maxis is the leading converged solutions provider in Malaysia providing a variety of high quality digital services encompassing voice, data, and solutions.
Arbutus Analytics played a pivotal role in the transformation journey.
In an industry where data sets can be dauntingly large, Arbutus Analyzer proved invaluable in handling millions of rows of data with ease on the auditors’ laptops, making it the ideal choice for non-technical and technical auditors alike.
From manual to automated
The Baldwin Group’s leap to automation, enhancing accuracy and saving time
Discover how The Baldwin Group, an independent insurance distribution firm, enhanced their revenue accrual process with Arbutus, achieving significant time savings, improved accuracy, and enhanced SOX compliance.