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TeamMate Analytics Enhanced

Wolters Kluwer Tax & Accounting has introduced enhancements to TeamMate Analytics, which is used by internal and external auditors. Among new features are enhancements to the Expert Analyzer, which is utilized to append data to combine multiple data files.

These include tools that assist in mining and analyzing the make-up of transactions; new capabilities to evaluate formulas with more than 1 million rows of data; and advanced summary features that enable auditors to create more flexible summaries of data and analysis within their workflows.

The company says the application incorporates more than 150 tools for data analysis and supports analytic testing with configurable modules that automate audit tests.

Expert Analyzer automates multi-step analysis via a  graphical workflow designer that supports multiple datasets and an import directly from a PDF. TeamMate Analytics, accessed from within Microsoft Excel, offers tools such as gap and duplicate detection, Benford’s testing, Monetary Unit Sampling, and stratification.

Bob Scott
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards.  Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He  has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that.  A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind
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