Market research on Investigation Intelligence 2021
The biggest risk of all
What a new research for audit and compliance leaders reveals:
We recently surveyed 131 audit and compliance leaders across eight European countries for their views on their work, teams, and stakeholders. With regulatory inflation and the rise of AI, all agreed that their biggest risk was standing still.
Building a complete view of enterprise risk remains the central, ongoing challenge for all the respondents. This research report revealed four major obstacles:
- Variety and volume of documents for 83% of respondents
- Manual information processing for 82% of respondents
- Limited tools and technology for 77% of respondents
- Shortage of qualified staff for 73% of respondents
Audit and compliance leaders need fresh thinking and new tools to deliver on their missions of assessing risks and complying with regulations. Without reinvention, they will struggle to avoid getting submerged in data and missing some risks.
This report also explains how a new category of AI-powered software tools, Investigation Intelligence, helps audit and compliance groups work better. This solution automates time-consuming tasks and focuses teams on truly investigative work. Read this report to learn how intelligence investigation tools will influence the future of audit and compliance and the performance of your teams.
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Finding relevant knowledge in the complex and diverse data of Biopharma companies requires cognitive systems using Natural Language Processing (NLP) capable of "understanding" what unstructured data from texts and videos is about. This whitepaper highlights how Cognitive Search and Analytics are key elements for driving innovation, improving the efficiency of research, clinical trials, and regulatory processes.
Organizations that turn the digital thread from an idea into reality will unlock widespread opportunities to improve performance at every stage of the product lifecycle, from design to end-of-life management. Indeed, the digital thread empowers each function it touches to increase efficiency, reduce redundancy, improve collaboration and accelerate innovation. But often the digital thread is cut short, and often and the flow of product data is broken across people, tools and systems. See how effective a robust digital thread, powered by intelligent search, can be for an organization’s efficiency, or its overall bottom line
90% of the information relevant to investigations and audits hides in unstructured sources such as documents, emails, and chat messages. Yet, the common investigative and audit tools only handle structured information. As a result, investigators try to fill the gap with manual effort, wasting up to 10 hours per week hunting for clues.