As part of our next generation audit program, we’re excited to introduce Data Acquisition Hub (AQH), your gateway to a faster, more efficient, and interconnected data acquisition experience.
What is Data Acquisition Hub?
AQH is the latest module of our AI-driven platform that provides a more streamlined and transparent experience for data requests that occur throughout the audit lifecycle. AQH does this through reducing the administrative steps involved in data acquisition and providing a secure platform through which you can see how progressed we are with our downstream activities.
How does Data Acquisition Hub benefit our clients?
Enhanced transparency: AQH provides you with real-time visibility into all data requests, including the specific information being extracted and the status of processing. This transparency builds your trust and supports effective project management and communication with your PwC audit team.
Unified experience: By centralising your user experience, AQH gives you the ability to manage and monitor all data-related requests in one convenient location. This organisation streamlines your interactions with us, making the process more efficient and cohesive.
Seamless communication: The platform enables you to comment on and discuss requests directly within AQH. This feature fosters immediate communication with your PwC team, allowing for quick resolution of questions and significantly reducing the volume of email correspondence.
Improved security: AQH enhances data security by centralising data management, minimising the number of data copies, and establishing a single source of truth. This approach ensures that your data remains secure and easily accessible throughout the audit process.
“The introduction of the Data Acquisition Hub marks a significant leap in how we start to manage data within the audit lifecycle. By streamlining processes and enhancing transparency, Acquisition Hub not only improves efficiency but also reinforces our commitment to building trust with our clients. We are excited about the potential it holds for more effective collaboration and delivering a next generation audit experience.”
Simon Sullivan,Digital Trust and Data Assurance, Director, PwC AustraliaHow does Data Acquisition Hub work?
Data Acquisition Hub. Unlocking next generation data
What our clients are saying about AQH
AQH has been adopted in 14 other territories, including the US, UK, Canada and Germany. Feedback from pilot surveys indicates that 72% of clients found that AQH provided more transparency into their data requests and requirements than previous processes. The majority of survey respondents also felt more confident in getting their data requests fulfilled accurately the first time using Acquisition Hub, compared with previous tools and processes.
Find out more about PwC’s Next Generation Audit program here
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