Improving Compliance with Automated Audit Reporting

Improving Compliance with Automated Audit Reporting

Overview

Euvic partnered with a financial services firm to enhance compliance reporting by automating audit processes. The new solution ensured timely and accurate reporting while reducing the manual effort required. 

Client

A financial services organization operating in a highly regulated industry.

Industry
Financial Services
Country
Poland

Flexibility was a big selling point for us. We are collaborative, and prefer to be flexible. Euvic demonstrated time and again that they could adapt to our working norms, collaborate across cultures, and give us exactly the engineering talent that we needed.

Orcun Uzun
CEO, Tikla Gelsin
Background
Challenge

The client faced significant compliance challenges: 

  • Manual audit processes: Reliance on spreadsheets slowed compliance reporting. 
  • Error-prone workflows: High risk of inaccuracies in critical reports. 
  • Regulatory pressure: Tight deadlines and stringent standards increased stress on teams. 
Solution

Euvic delivered: 

  • Automated audit pipelines: Built dataflows to extract, validate, and compile compliance data. 
  • Real-time dashboards: Provided PowerBI solutions for on-demand audit insights. 
  • Data accuracy tools: Implemented validation rules to eliminate errors. 
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Technology Overview
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The Dream Team
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Results

Key improvements included: 

  • Timely compliance: Reduced report preparation time by 50%. 
  • Error reduction: Achieved 99% accuracy in compliance reporting. 
  • Reduced workload: Automation saved 30 hours per month for the audit team. 

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