The world of audit has evolved, with stronger regulatory demands, increasing data volumes and the shift from manual to automated processes. Applying analytics enables us to move beyond the traditional audit activities towards an environment of more sophisticated analysis and the overall delivery of efficient, high-quality audits while at the same time deriving more value from the audit process.

In Deloitte we believe that clients now expect an audit not only to evaluate financial reporting risks, but also to highlight potential areas for operational and business improvement. From our experience, we know that applying Analytics to audit helps us to focus on risks from a wider perspective and pinpoint specific areas to help organisations achieve their objectives, manage risk and improve their overall performance.

Branch Network Optimization (BrNO) consolidates client’s internal data together with detailed market and region characteristics into a single, interactive tool. BrNO provides unique opportunity to make data-driven decisions concerning branch network, such as:

• Discovering locations for new branches – Every region, down to city district level, is evaluated by many variables so that locations with the biggest potential for the entire network are discovered.
• Assessing network performance – Branch performance is more accurately measured by comparison with peer branches in a similar operating environment. This may help you in:
  • Deciding which branches to close or merge
  • Understanding network nuances by branch classification and segmentation
  • Setting branch-specific goals and KPIs