Currently there are no Continuous Auditing and Continuous Monitoring software tools available to small businesses. Small businesses stand to benefit in many ways from Continuous Auditing (CA) and Continuous Monitoring (CM), as many large businesses already do. But existing CA/CM software tools are aimed exclusively at large organizations. Cost Advisors' software tool -- named Reperio® -- addresses this problem, affordably providing small businesses with CA/CM capabilities.
CA/CM uses technology to monitor the financial risks faced by a business. Risks include both intentional threats, such as fraud, as well as unpremeditated matters, such as bookkeeping errors. Because small businesses often lack the financial and human resources of large businesses, it is not possible simply to scale down the functionality of enterprise-level CA/CM systems. Our CA/CM system requires a ground-up approach which recognizes the particular limitations of small businesses.