Theme #5 Process & Controls Transformation
Focus on: The use of Digital tools and techniques, such as process mining to understand and then transform existing processes & controls
Process Mining and Streamlining
Process Mining and Streamlining aims to leverage digitalized tools and technologies to gain insight into existing processes and controls and assist in their transformation.
- Process mining: Leverage system data to demonstrate the nature of business process and provide visual presentation
- Root cause analysis: Conduct root cause analysis of issues based on methodology and practical experience of Deloitte to identify control gaps and process redundancy
- Streamlining: Assist enterprises to identify the starting point of control automation and process standardization, to reasonably restructure ineffective and redundant processes, and to improve enterprise resource allocation