Data blending is the process of combining data from multiple sources into a functioning dataset. This process is gaining attention among analysts and analytic companies because it is a quick and straightforward method used to extract value from multiple data sources. It can help to discover correlations between the different data sets without the time and expense of traditional data warehouse processes.
Auditors are under significant pressure to keep expenditures down whether they work for an external audit firm or are part of an internal audit team. Achieving cost-effective audits requires organizations to do more with less - while maintaining or increasing audit quality. To succeed auditors not only need the right expertise and process but also the right data analytics tools.
As more businesses use Robotic Process Automation (RPA) as a means to streamline operations and assess efficiency gaps, there are hurdles to fully realizing its benefits. For instance, existing data is often challenging for RPA processes to handle. Without a good solution, studies indicate that 80% of the time spent on RPA has to do with data preparation.
Discover how you can enhance your ongoing RPA investment with the right data analytics stack.