data management & analytics -...
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DATA MANAGEMENT & ANALYTICSUnlocking value from your data
Product brochure
The main purpose of data analysis is to determine what the data is saying. SkX’s goal is to discover useful insights which inform conclusions and support decision-making, the main purpose of data analysis is to look at what the data is trying to tell us. Our multi-faceted approaches, focus on modeling and knowledge discovery for predictive rather than purely descriptive purposes.
An essential component of ensuring data integrity is the accurate and appropriate analysis of research findings, giving you the cutting edge in your decision-making and planning.
DATA MANAGEMENT & ANALYTICS
Audit Coverage is Sample Based: Internal Audit real-time access to systems and data drives the engagement.
Audit follows up periodically: continuous control monitoring of risks via a dashboard platform.
Lack of Analytics Team capacity: Skills and resources impact the ability of the organisation to develop and maintain control monitoring tools.
UNDERSTANDING YOUR
CIRCUMSTANCES
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COMPUTER-ASSISTED AUDITING TECHNIQUES (CAATS)
Risk Assessment and Planning Use of data analytics coupled with our deep business understanding of key risk areas to provide strategic insights, supporting organisational strategy.
Audit Execution Information gathered from analytics is readily available to drill down to the root causes to facilitate effective prioritisation of location audits and areas that need the most attention. Reporting Visualisation of risk areas and factual evidence supporting the findings.
Reporting Visualisation of risk areas and factual evidence supporting the findings.
OUR SERVICE OFFERINGS
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Product brochure
Detection of fraudulent transactions and single out exceptions from key business processes
Improved productivity in manufacturing and performance on KPIs, usability and comfort
A business that is able to turn data assets into value
Help create holistic view of data across the organisation for easy decision-making
Help design and produce key metric reporting to enable erl-time data-diven decision-making
Place data into the hands of key decision makers through user-friendly visualisation and analysis tools
Data in the hands of key decision-makers through user-friendly visualisation and analysis tools
Address the advent of big data and its associated management and governance concerns
Reduced Risk and Cost
Increased Operational Efficiency
YOUR BENEFITS
BIG DATA AND PREDICTIVE ANALYTICS
Deep dive analysis to highlight opportunities and threats to the business; and recommend to management the in which they need to make key decisions to preserve or generate more value.
PROACTIVE VENDOR PAYMENTS ANALYSIS
Holistic view of customer data from across multiple data sources with advanced visualisation around the splitting of order, unexplained budget changes, falsified purchase orders and proof of delivery, etc.”
CONTINUOUS CONTROL MONITORING FOR OPERATIONS
Implementing an automated analytics monitoring system to check key operational processes in the business for resource utilisation and operational efficiency. Highlighting key actionable insights.
OUR SERVICE OFFERINGS continued...
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SkX is one of South Africa’s leading empowered and transformed Audit, Risk and Advisory Firm. It is 100% black owned and managed with significant black women ownership.
Our commitment to transformation saw SkX transform itself through the recruitment of highly skilled black women to form part of the leadership team. This transformed our firm’s initial ownership to majority black women owned.
Our Business Solutions Practice specializes in providing solutions aimed at improving operational efficiency and enhancing revenue.
Our boutique of services equips us to be the ideal partner with the appropriate resources, knowledge and agility to effectively manage the future challenges and opportunities for all clients.
SkX has invested significantly in its people through the launching of our Internal Learning Academy as a learning platform for all our internal training interventions and a bursary programme in support of professionalisation.
SkX boasts a professional staff complement that services both the private and public sector with professional qualifications across the broad spectrum of our services.
SKX has been one of the very few successful Transformation stories in South Africa and a beacon of hope for Black Economic Empowerment. We represent a truly African firm reflecting the South African demographics in an industry that is dominated by international corporations.
WHY SkX
REPORTING & VISUALISATION
Descriptive analytics dashboard on key performance indicators per division, to easily identify trends, correlations and causation.
DISTRIBUTION CHANNEL ANALYSIS
Descriptive and prescriptive analytics to improve sales by in-depth scenario analysis and modelling of key distribution channels.
CONTINUOUS CONTROL MONITORING FOR KEY FINANCIAL CONTROLS Top 10 Revenue Analytics (OTC) Top 10 Payroll Analytics (HCM) Top 10 Inventory Analytics INV) Top 10 Assets Analytics (FA) Top 10 Financial Close Analytics (FSCP)
TARGETED ADVANCED ANALYTICS
Descriptive and diagnostics analytics focusing on solving specific business requests, e.g. pricing, resource utilisation, etc.
ONE-OFF COMPLIANCE REPORTING FIX
Descriptive analytics to highlight areas of non-compliance which might results in hefty penalties, e.g. IFRS, POPI, etc.
INTERNAL REPORTING, ETL & DATA QUALITY
Data quality review to highlight cases of unreliable, inaccuracy and invalid entries in mandatory master data fields.
Product brochure
SOME OF OUR CLIENTS
TRANSPORT, LOGISTICS AND AVIATIONTransnet, Passenger Rail Agency of South Africa (PRASA); and South African Airways (SAA)
FINANCIAL SERVICESHollard, Liberty, Alexander Forbes, Eskom Pension and Provident Fund, Government Employees Medical Scheme, Mvunonala, WDB Investments, Phembani Group, Public Investment Corporation, Harith General Partners, 3Sixty Life, Sizwe Medical Fund and Discovery
TELECOMMUNICATIONS & INFORMATION COMMUNICATIONS AND TECHNOLOGYTelkom, BCX, Sentech and Sita
MINING, RESOURCES & ENERGYEskom, Harmony, Exxaro and Foskor
MUNICIPALITIES Ethekwini Municipality, Umhlathuze Municipality and City of Tshwane
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Product Lead
Thato Mahlamvu Tel: +27 11 797 6800
Email: [email protected]
www.SkX.co.za
Head Office - GautengBuilding 1, 15 Forest RoadWaverley Office Park, BramleyTel: +27 (011) 797 6800
OUR PROFESSIONAL AFFILIATIONS
Kwazulu NatalSuite 1A, 100 Armstrong AvenueLa Lucia Ridge, Durban, 4051Tel: +27 (031) 562 1700
CONTACT US
Product brochure
Accounting firm of the year 2017
Unlocking value from your dataData Management & Analytics