MENLO PARK, Calif.,
May 23, 2018 /PRNewswire/ -- In
the 14th edition of "Internal Auditing Around the
World®" global consulting firm Protiviti brings out the
insights of internal audit leaders about their digital initiatives
across a mix of industries globally. The new publication highlights
their achievements in either undergoing digital transformation
themselves or assisting their companies as they seek to understand,
prioritize and manage the risk of disruption. As companies
introduce digital initiatives such as data analytics or robotic
process automation, boards and senior executives are relying on
their internal audit team to assess associated risks and keep pace
with competitors and potential disruptors.
The organizations profiled in the latest edition, subtitled
"Taking on Digital," represent a cross-section of countries and
industries and include Accenture, Conservas La Costeña, HEINEKEN,
JP Morgan Chase (JPMC), Juniper Network and Panera Bread, among
others.
"Companies understand that they need to take up digital
transformation initiatives to remain competitive, but their three
major obstacles are lack of momentum, fear of change and absence of
focus," said Brian Christensen,
executive vice president, Global Internal Audit, Protiviti. "The
processes and business models that traditionally helped companies
excel are now actually holding them back in the face of disruption.
Competitors who were 'born digital' are simply faster and more
agile."
Protiviti found there are four key areas to driving digital
disruption: (1) improving quality of customer engagement; (2)
digitizing a product or service to disrupt an existing business
model; (3) incorporating real-time data to make better decisions;
and (4) improving operational performance. Organizations will often
take up multiple initiatives to cut across some, or all, of these
areas concurrently.
"By nature of the role, internal auditors have an
enterprise-wide perspective that makes them uniquely suited to help
management and the board review and assess digital initiatives and
their associated risks and opportunities," said Christensen.
"Digital transformation is presenting the internal audit function
with a golden opportunity to become a true strategic partner to the
business."
To download a complimentary copy and view past editions of
"Internal Auditing Around the World," please visit
www.protiviti.com/iaworld.
About Protiviti
Protiviti (www.protiviti.com) is a global consulting firm that
delivers deep expertise, objective insights, a tailored approach
and unparalleled collaboration to help leaders confidently face the
future. Through its network of more than 70 offices in over 20
countries, Protiviti and its independently owned Member Firms
provide clients with consulting solutions in finance, technology,
operations, data, analytics, governance, risk and internal
audit.
Named to the 2018 Fortune 100 Best Companies to Work
For® list, Protiviti has served more than 60 percent
of Fortune 1000® and 35 percent
of Fortune Global 500® companies. The
firm also works with smaller, growing companies, including those
looking to go public, as well as with government agencies.
Protiviti is a wholly owned subsidiary of Robert
Half (NYSE: RHI). Founded in 1948, Robert Half is a
member of the S&P 500 index.
Protiviti is not licensed or registered as a public
accounting firm and does not issue opinions on financial statements
or offer attestation services.
All product and service names mentioned are the trademarks of
their respective companies.
Editor's Note: photo available upon request.
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SOURCE Protiviti