Arkturus Audit and Compliance
Developed for anyone tasked with business process compliance, operational audits or ISO certification. Process Mining is the most accurate way to ensure what you think is happening in a process – actually is. Rather than just taking a sample to test compliance, you can now have 100% coverage of the process you are auditing – giving you far greater accuracy and surety around the results. Furthermore, rather than just one-off or scheduled audits, you can do ongoing compliance monitoring and alerting.
There is no more reliance on anecdotal evidence. You can immediately see if all the rules and compliance requirements are being correctly applied and necessary benchmarks are met. Simultaneously you can identify gaps in your process, operations, or resourcing that are causing issues – or have the potential to create additional risk. And you can be alerted if there are violations.
Roles typically interested in the
Audit and Compliance Starter Pack
CFOs, Risk Managers, Operations Managers, Auditors (internal and external), Quality Managers, Compliance Managers, commercial accountants or law firms, any company undertaking ISO, or similar, certifications.
What you get with your Starter Pack
Starter Packs are priced to be affordable taking into account a range of variable factors including process complexity. The one-off fee includes over 100 hours of data scientist, data engineer and consultant time. Contact us today for a quote.
◾ Mining of one simple process through your business including data loading and processing.
◾ Full set of dashboards and process visualisations detailing how the process is actually operating, so you can truly understand the process before checking compliance.
◾ Full, interactive, process analysis tool to assist with identifying non-compliant activity, with an accurate gap analysis mapping the actual to the desired compliant process.
◾ Presentation of an “Insights Pack” to your key stakeholders at a workshop run by the project consultant, including identification of key improvement initiatives you can apply.
◾ 90 day subscription to the Arkturus process mining platform (post dashboard delivery) to enable the measurement of initiatives implemented to address compliance issues.
◾ Training for the Arkturus Process Mining platform and methodology.
◾ Arkturus project consultant (who will be your key point of contact).
◾ Arkturus data scientist assigned to your project.
The Arkturus 7-Step Approach
Typically delivered within 30 days (dependent on availability and responsiveness of your team).
Step One: Plan
Project-start meeting with your key stakeholders, Arkturus project lead and data scientist. Out of that meeting a written project charter will be signed off by all parties to agree scope, objectives, resources and timing.
Step Two: Discover
Discovery sessions with your subject matter experts and relevant technical people to capture an overview of the process and identify available data sources.
Step Three: Define
Your Arkturus data scientist defines the data requirements – this is validated by your key stakeholders and the data is extracted.
Step Four: Visualise
The data extracts are processed by the Arkturus Process Mining platform and the Arkturus Data Scientist produces initial process visualisations.
Step Five: Validate
The initial process visuals are validated with your subject matter experts / stakeholders. Any adjustments required are made by the Data Scientist.
An Insights workshop is booked five working days from this point
Step Six: Knowledge Transfer and Insight
We work with your team to understand and flesh out the key insights that align with the project objective. Training is provided on Process Mining platform and methodology, customised to accommodate your way of working. The Starter Project dashboards, interactive models and insights are presented at the Insight Workshop with your key stakeholders. A Compliance initiative for implementation and tracking is identified at this meeting.
Step Seven: Action
The Arkturus platform is used during the 90 day period to assist with analysis and measurement while the initiative is implemented.
What happens after the Starter Pack?
The next steps are identified during the 90 day subscription period. These can include:
Continue: continue to use Arkturus for ongoing Audit & Compliance initiatives for the process.
Expand: increase the scope for Arkturus to provide more resource to assist with other project deliverables (depending on internal resource capacity).
Duplicate: run another Starter Pack project for a difference process – we don’t put a limit on how many ‘Starter Packs’ you can run.
NB: Additional resource cost and/or subscription costs to be advised.