IDEA Data Analysis

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IDEA: Your trusted data analysis software

Whether you’re an auditor, accountant or finance professional, data analysis is a challenge. Compiling information from numerous sources and in a wide array of formats is time consuming, and increases the risk of errors being introduced. Luckily there’s IDEA®, a comprehensive, powerful and easy-to-use data analysis tool that quickly analyzes 100% of your data, guarantees data integrity and speeds your analysis, paving the way to faster, more effective audits.

IDEA offers more than 100 audit-relevant tasks to meet all of your analytic needs, from import to analysis to reporting. With just a few easy clicks you can view multiple data sets as one, letting you see the big picture and focusing your search by identifying relationships, patterns, outliers and anomalies within your data.

What IDEA can do for you

Import without the effort

IDEA gets your data analysis process up and running quickly with its universal file conversion capabilities. Effortlessly import all of your records in virtually any format and from any source: spreadsheet and database software, accounting programs, ERP systems, T&E applications and files such as PDFs, plain text (.txt), print-report (.prn), ODBC and SAP. With read-only access, IDEA also protects the integrity of your data and ensures the accuracy of audit assessments and disclosures. You can also easily export information to a broad range of formats, and can share and email files directly from your Library. Simple.

Analysis in a snap

IDEA helps you overcome the data analysis hurdle, giving you access to its 100+ common audit functions at the click of a button, including Benford’s Law, advanced Fuzzy Duplicate that identifies similar records in as many as three character fields, Gap Detection, Field Manipulation, Summarization, Stratification, Sampling and more. IDEA also lets you record every analytic step you take and then repeat it for future use via a graphical drag-and-drop interface.

Your data, at a glance

Take your data analysis to the next level with IDEA’s Visualization feature, powered by our proprietary Analytic Intelligence. Visualization’s two tasks, Discover and Visualize, create charts and field statistics for you, visually profiling your data so you can quickly pinpoint patterns, trends, outliers and correlations that may have been overlooked in a table. Display your data graphically in a customizable Visual Dashboard that you can build through Visualize or that Discover can automatically generate for you with just a few easy clicks.

Passport to IDEA resources

Passport is your gateway to invaluable IDEA resources, including links to IDEA add-ons, webinars, the IDEAScript Vault, forums, Help, the Support Portal and more. All of the help and resources you need are in one convenient location, so you can maximize IDEA’s tools and features to accelerate your audit.

Let us show you how IDEA can extend your accounting and auditing capabilities, detect fraud and errors, and meet professional and regulatory requirements. We offer live online demonstrations, which we customize to your specific business needs – contact to schedule a walkthrough of IDEA.

The premier event for IDEA users from beginners to specialists. [6th & 7th August, 2013]

The conference was planned to provide global insights into use of IDEA in a wide range of work environments whether in the Government or the Private Sector. Presentations were from Engineering Industry (Larsen & Toubro), Logistics (Ameya Logistics), Diversified (Adani Group), Pharmaceuticals (Unichem Laboratories), Government - CGA - CBDT, Banking and Financial Services (Kotak Group). In addition, there were presentations on new developments, fraud risk management case studies and extending reach in SAP environments.

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The Second Asian IDEA User Conference – 6th & 7th August, 2013.

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