Analytics
What is Dfact?
Boosting operational excellence
Thanks to the Dfact tool, companies like Vandemoortele, the family-owned food group, are benefiting from Audit analytics and deriving more value from the audit process.
Dfact: the analytics approach
The world of audit has evolved, with stronger regulatory demands, increasing data volumes and the shift from manual to automated processes. Clients now expect an audit not only to assess risks but also to highlight areas of potential operational and business improvement. Audit Analytics can pinpoint areas of true risk as well as potential reward. Instead of only looking at past performance, audit teams can look forward, producing insights and conclusions that help decision-makers make more effective, timely decisions. Using analytics, Deloitte’s Dfact tool assists clients in achieving business objectives, managing risk and improving business performance – anywhere in the world.
Vandemoortele: deeper analysis, more insights
Belgian consumers know us for our cooking oil and mayonnaise, but that is just a small part of our overall business,” says Jean Vandemoortele, chairman of Vandemoortele. “For some time now our focus has been on the business-to-business market where we aim to be among the leaders in Europe in both of our divisions. We’re making good progress: Belgium currently represents a little less than one quarter of our turnover and our main growth comes from other European countries.” There are some huge challenges facing the food group, which is headquartered in Ghent. Jean Vandemoortele: “We realise that economic growth in Europe is generally viewed as having stagnated. We are confident that there are still pockets of growth to be found: new segments and customers that we can serve with our products and innovations. There remains a great deal to be accomplished with 550 million consumers.”
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Developed in-house, Dfact (also known as Deloitte Fast Audit Control Testing) is an easy-to-use tool that achieves faster and better insights into key internal controls and risks in critical business processes, fraud-sensitive matters and process inconsistencies. It downloads mass data and allows testing of the full population in a structured and efficient way.
Dfact
Dfact
Developed in-house, Dfact (also known as Deloitte Fast Audit Control Testing) is an easy-to-use tool that achieves faster and better insights into key internal controls and risks in critical business processes, fraud-sensitive matters and process inconsistencies. It downloads mass data and allows testing of the full population in a structured and efficient way.
Dfact
Developed in-house, Dfact (also known as Deloitte Fast Audit Control Testing) is an easy-to-use tool that achieves faster and better insights into key internal controls and risks in critical business processes, fraud-sensitive matters and process inconsistencies. It downloads mass data and allows testing of the full population in a structured and efficient way.
Dfact
Developed in-house, Dfact (also known as Deloitte Fast Audit Control Testing) is an easy-to-use tool that achieves faster and better insights into key internal controls and risks in critical business processes, fraud-sensitive matters and process inconsistencies. It downloads mass data and allows testing of the full population in a structured and efficient way.