tech-driven-audits

Vocabulary Word

Definition

'Tech-driven audits' refers to when technology, such as data analysis software, is used to perform an examination or inspection of a company's accounts or systems.

Examples in Different Contexts

In finance, 'tech-driven audits' use technology to analyze financial data more efficiently and accurately. A financial auditor might say, 'Our tech-driven audits have significantly reduced errors and improved the speed of our audit processes.'

Practice Scenarios

Tech

Scenario:

The company's IT security systems require constant checking. Manual checks are not feasible.

Response:

That's a good point. We could use tech-driven audits to keep ahead of potential security risks.

Marketing

Scenario:

Our website's performance is below expectations. Given the large amount of traffic, it's difficult to pinpoint the issue without a detailed analysis.

Response:

Absolutely. Our digital marketing strategy could benefit from tech-driven audits to better understand website performance.