Deloitte assist you on the controls transformation journey. Based on your current state, we will tailor the journey to your desired state – no matter what your control maturity is, we will prepare and inspire you for the future with the pace suitable for your company.
Executives are increasingly exposed to risks — a new operating model and enhanced technologies are vital to business confidence and will help boards achieve strategic goals. The old, manual and siloed controls model and behavior should end and a new approach to controls should be adopted. Tomorrow’s internal controls system starts today, which leads to a need for controls transformation.
We assist you in creating the right roadmap with related activities suitable for your organization.
The future internal controls ecosystem
The future controls ecosystem is a combination of smart use of technologies, a learning organization and a practical framework – all supported by a strong controls culture as it can either reinforce or undermine a company's formal GRC processes.
Our predictions for the controls environment of the future include:
There needs to be a fundamental change in the way technology is used in the operation, assurance and monitoring of controls. Today, technology is used for tactical solutions. However, technology will be at the heart of the future controls environment.