Diligent
Total Economic Impact Study of Diligent Audit and Internal Controls
Pages
25
Time to read
41 mins
Publication
Language
English
Pages
25
Time to read
41 mins
Publication
Language
English
This document is a Total Economic Impact™ study commissioned by Diligent, focusing on the financial benefits and cost savings associated with Diligent Audit, Internal Controls, and ACL Analytics. The study outlines the potential return on investment (ROI) enterprises may achieve by implementing these solutions. It includes interviews with representatives from organizations that have utilized Diligent's tools, providing insights into their experiences and the operational efficiencies gained. Key findings indicate significant time savings in audit reporting, increased productivity across business users, and cost reductions from eliminating previous vendor licensing. The analysis reveals a projected three-year financial benefit of $2.72 million against costs of $775,000, resulting in a net present value (NPV) of $1.95 million. Additionally, the study highlights unquantified benefits such as improved risk assessment coverage and enhanced agility of internal audit teams, positioning them as strategic partners within their organizations.