Compare Forestpin Analytics и Senate Technology

Benefits:

The software allows to analyze a large volume of data and detect any outliers based on the analysis. It is also built with machine learning where t... Read more

The software allows to analyze a large volume of data and detect any outliers based on the analysis. It is also built with machine learning where the patterns and trends in data are learnt from the customer inputs which is incorporated in the decision making. User friendly once used to the methods practiced in the software and is helpful in real time decision making for the organization.

Drawbacks:

If the software could provide a facility to download analytics reports it would be an added advantage.

Summary:

Daily usage of the software brings more light on the business processors of the organization and what needs to be improved at the ground levels.

Benefits:

Its extreme ease of use, coupled with the very high speed with which it analyzes large volumes of data, make it a highly valued software. The high... Read more

Its extreme ease of use, coupled with the very high speed with which it analyzes large volumes of data, make it a highly valued software. The high capacity to detect and identify anomalous data within a large data set, as well as the visualization of its results in personalized dashboards, I find very useful, especially for the purposes of audits and systematic controls of the data analysis process.

Drawbacks:

Although in terms of data processing I think it is an excellent software, I think there is a lot of improvement field regarding the presentation on... Read more

Although in terms of data processing I think it is an excellent software, I think there is a lot of improvement field regarding the presentation on the screen and export of the graphics obtained to other applications. In reference to this I think you can improve what refers to the editing and view of the board, since it is difficult to "navigate", especially when you want to run a new test. Another relevant aspect for my field of work is the inability to download the graphics that are displayed on the screen, allowing in the best case to make a "Print screen", with the aggravating circumstance in many cases that the size and style of the texts incorporated within the graphics, are not necessarily the desired, so to incorporate such graphics in a personalized presentation, you have to do a lot of extra work.

Summary:

It has allowed me to optimize the activities related to the early and rapid detection of "suspicious" or "anomalous" data, especially those associa... Read more

It has allowed me to optimize the activities related to the early and rapid detection of "suspicious" or "anomalous" data, especially those associated with extreme events, which in turn has allowed me to more rigorously support the possible exclusion or not of said data from the database analyzed.

Benefits:

All transactions that are processed in the business applications goes through mathematical and statistical tests that will provide added security.

Drawbacks:

- Prompt identification of outlier transactions. - Greater accuracy of accounting information. - Deterrence among staff to manipulate information.

Summary:

- Prompt identification of outlier transactions as the alerts are triggered when unusual transaction occurs. - All transactions that are processed... Read more

- Prompt identification of outlier transactions as the alerts are triggered when unusual transaction occurs. - All transactions that are processed in the business applications goes through mathematical and statistical tests that will provide added security. - Greater accuracy of accounting information. - Deterrence among staff to manipulate information. - Enhances share holder confidence and for the senior management to gain comfort on internal control mechanism.

Benefits:

The Artificial Intelligence component which really helps to improves the quality of outliers triggered. The workflow mechanism which adds assura... Read more

The Artificial Intelligence component which really helps to improves the quality of outliers triggered. The workflow mechanism which adds assurance to the senior management team/ Auditors and audit committees. Ad-hoc capability which allows users to upload any data and analyze on their own. It provides business units access to detail information by way of a click of a button. No human intervention required, as the statistical and Mathematical models in-built will help management to identify outliers.

Drawbacks:

Software does not allows to download graphs which I believe is a useful feature for management to use for various presentations and forums.

Summary: