Grace Expands Relationship with ACL to Improve Collection and Analysis of Multinational, Cross-Departmental Risk Data

VANCOUVER, British Columbia, Sept. 30, 2015 /PRNewswire/ -- ACL, the technology company that is transforming audit and risk, announced today that W.R. Grace & Co. (NYSE: GRA), a global leader in specialty chemicals and materials, has expanded its audit team's capabilities by upgrading from ACL's flagship analytics software to ACL Analytics Exchange (AX) and ACL Direct Link™, a data connector for SAP® ERP.

Grace has more than 6,500 employees and customers in over 150 countries. To help manage the enormous amount of information Internal Audit must continuously review, analyze and monitor to effectively manage risk, Grace turned to ACL for an automated, continuous risk monitoring solution.

With AX and Direct Link, Grace can integrate and automate the risk analysis and audit processes across departments. Seamless, secure access to SAP data and insight will enable business managers in each department to respond more quickly to audit-related issues, thereby operationalizing better risk management across the organization.

"We've had great success using ACL software to identify and evaluate risk, and wanted to make a bigger impact on our business by expanding our reach beyond our own department," said Karen Albert, Director, Internal Audit at Grace. "By expanding our easily scalable ACL platform, we're able to quickly transition to an automated environment that can operationalize our vision for risk monitoring and management across the enterprise, including finance, IT, inventory and more."

ACL's AX and Direct Link provide direct, SAP-Certified access to complex SAP data without needing to rely on typically overburdened IT departments. Pairing that data access with the analytical knowledge and tools necessary to identify key risk indicators, internal control failures and compliance red flags enables organizations to consolidate risk management activities across key functions and departments. Real-time collaboration leads to strong risk management practice as part of daily operations.

"Since Grace operates in an industry with an increasingly robust, globally variable regulatory and risk environment, its risk management operations must be agile, vigilant and on-call 24 hours a day," said Laurie Schultz, President and CEO of ACL. "ACL is proud to serve as a partner to its risk management leaders, in the internal audit department in particular, by providing the technology solutions and expertise they need to operationalize their vision."

To learn more about ACL Analytics Exchange and ACL's data connector for SAP® ERP, visit http://www.acl.com/solutions/products/acl-analytics-exchange/

Supporting Resources:

• For a snapshot of survey results of customer ROI with ACL Analytics, view the survey results: http://www.acl.com/pdfs/eBook-ACL-Analytics-software-ROI-survey-results.pdf  
• For the latest news and views on audit, governance, risk management, compliance, and fraud, visit: www.acl.com/blog
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About ACL

ACL delivers software solutions that are transforming audit, compliance, and risk management to give organizations unprecedented control over their business. www.acl.com

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