September 22, 2014 - Wolters Kluwer Audit, Risk & Compliance announced today the integration of a comprehensive data analysis tool set within the industry-leading TeamMate Audit Management System.

As a result of an exclusive global alliance with Reinvent Data and its TopCAATs solution, TeamMate's Audit Management and Controls Management systems now offer powerful data analysis functionality in every audit.

"Data mining as an internal audit technique, despite its widespread appeal, is relatively underutilized in most organizations," said Mike Gowell, senior vice president and global general manager, TeamMate. "Providing easy-to-use and powerful functionality, TeamMate Analytics will allow auditors to quickly and effectively deploy data analytics in every audit. We think of it as 'Analytics for every auditor.'"

"TopCAATs is a collection of over 150 tools, specifically created for auditors," said Charlie Walker, founder and president of Reinvent Data. "It runs on top of Excel, which most auditors use every single day, and has been designed with ease of use at its core. Unlike other data analysis software, TopCAATs provides auditors of all IT skill levels with access to powerful analytical tools. Combining TopCAATs with Teammate goes a long way in making audit work easier and more effective."

TeamMate is the world's most widely-used audit management system, with more than 95,000 auditors and over 2,200 organizations using the solution globally. The TeamMate audit management system helps automate and improve an organization's audit processes including: risk assessment, scheduling, planning, execution, review, report generation, trend analysis, audit committee reporting and storage. TeamMate solutions are built by auditors for auditors and our global team of credentialed experts bring their industry experience to every customer in over 100 countries.

TopCAATs is the world's easiest to use, Excel-based data analytics solution, with over 60,000 auditors using it around the globe. The TopCAATs collection of more than 150 tools specifically created for auditors enables them to carry out powerful data analysis with minimal training-saving time, reducing risk, adding value to their audits and facilitating new testing opportunities.