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Audit Software; ACL vs. IDEA.
gathinga
#1 Posted : Monday, March 29, 2010 3:08:04 PM
Rank: Veteran


Joined: 11/30/2006
Posts: 635
Auditors in the house. Whats your take. Which of the tow is superior?
gathinga attached the following image(s):
acl.jpg (5kb) downloaded 3 time(s).
mozenrat
#2 Posted : Tuesday, March 30, 2010 7:25:41 AM
Rank: Veteran


Joined: 5/18/2008
Posts: 796
I have used IDEA and I have not yet encountered any data analysis challenge that it couldn't handle. The scripting feature also ensures that you only have to design your procedures once and re-use them forever.

Inbox me. I'll put you in touch with a contact who can fill you in on full features.
gathinga
#3 Posted : Tuesday, March 30, 2010 8:51:00 AM
Rank: Veteran


Joined: 11/30/2006
Posts: 635
@Mozenrat. thanks. whats your mail?
mozenrat
#4 Posted : Tuesday, March 30, 2010 1:34:22 PM
Rank: Veteran


Joined: 5/18/2008
Posts: 796
@Gathinga
ratenmozen (at) gmail.com
gathinga
#5 Posted : Tuesday, March 30, 2010 1:50:19 PM
Rank: Veteran


Joined: 11/30/2006
Posts: 635
@Mozenrat. angalia barua pepe!
Goliath
#6 Posted : Tuesday, March 30, 2010 2:20:42 PM
Rank: New-farer


Joined: 11/30/2009
Posts: 77
Location: Nairobi
Correction...Its not just Auditors who use ACL/IDEA....Fraud Analysis proffessionals also use these... I personally root for ACL..purely based on experience i.e analyse 100% of data..easy to use/install etc...
gathinga
#7 Posted : Tuesday, March 30, 2010 2:31:40 PM
Rank: Veteran


Joined: 11/30/2006
Posts: 635
Thanks Goliath. Is your recommendation based on a comparison of both tools? In other words, have you used IDEA as well?
Goliath
#8 Posted : Tuesday, March 30, 2010 2:46:36 PM
Rank: New-farer


Joined: 11/30/2009
Posts: 77
Location: Nairobi
Gathinga..Unfortunately I have not used IDEA..but all the organizations I have worked for use ACL, as well as KRA and some top Audit firms..But I think it boild down to what suits your needs. They appear identical perhaps the differentiator is cost and support locally.
Goliath
#9 Posted : Tuesday, March 30, 2010 3:02:46 PM
Rank: New-farer


Joined: 11/30/2009
Posts: 77
Location: Nairobi
gathinga
#10 Posted : Tuesday, March 30, 2010 3:54:03 PM
Rank: Veteran


Joined: 11/30/2006
Posts: 635
Thanks Goliath. ACL support locally through Ernst & Young and in SA sucks. IDEA which is locally marketed by KPMG looks more accessible. Besides idea has a package for appx USD 5000 while ACL low end package is USD 9000
Goliath
#11 Posted : Friday, May 21, 2010 9:08:06 AM
Rank: New-farer


Joined: 11/30/2009
Posts: 77
Location: Nairobi
@Gathinga.. ACL is USD 4500(2 licenses) for the desktop edition,got one in Nov 09. You can get support from CQS of SA
kingfisher
#12 Posted : Thursday, May 27, 2010 6:51:28 AM
Rank: Elder


Joined: 4/9/2008
Posts: 2,824
Go here to see a serious alternative to those two http://www.wizsoft.com/

I have seen WizWhy and WizRule at work and their results are superb. Problem is that it does not have a pusher in this region. In Israel it is the KING.
When I have money, I get rid of it quickly, lest it find a way into my heart.
mika104
#13 Posted : Friday, June 11, 2010 3:23:39 AM
Rank: New-farer


Joined: 6/11/2010
Posts: 1
Location: Vancouver
I use ACL and find it very powerful and almost everyone uses it. However I heard IDEA has dashboard capabilities that I would be interested in checking out. Does anyone have any experience with it?
eendii
#14 Posted : Wednesday, October 06, 2010 6:24:55 AM
Rank: Hello


Joined: 10/6/2010
Posts: 1
Location: indonesia
Hi,

I have a question for those who have used both ACL and IDEA... I've been using ACL for a while and now trying out IDEA as a comparison. In IDEA, is there anyway we can change the column/field heading name(display name) without changing the field name? In ACL, to do this is very simple where you can just double click on a column name and set the alternate column title. It does not change the field name, just the display. I really need this functionality especially when dealing with database tables/files where the field name only have 4-5 character length and does not reflect its purpose.

Thanks.
mozenrat
#15 Posted : Thursday, October 28, 2010 7:22:01 PM
Rank: Veteran


Joined: 5/18/2008
Posts: 796
eendii wrote:
In IDEA, is there anyway we can change the column/field heading name(display name) without changing the field name?.



Hiyo ni very simple bwana... right click in the collumn - > select field manipulation -> double click on the fieldname and edit as desired..

My opinion .. been using IDEA for a long time.. just started using ACL..and man is the thing unfriendly.. totally unintuitive...

working with IDEA is like working with Excel but with all the power of ACL
subzero
#16 Posted : Saturday, November 13, 2010 8:52:32 PM
Rank: Member


Joined: 1/10/2008
Posts: 365
I prefer diving straight into the data with SQL , has the best possible manipulation of the data

I've used ACL and they are nothing compared to having total control of data using, i found ACL to be limiting. i hear IDEA is more like ACL so i havent tried it. ACL looks to me like excel with a bit more features .

SQL is a bit(not very) techie, but once you learn, it definitely worth it

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