June 8, 2020 // By Magenic
Magenic accelerated the company into the future, while maintaining historical records seamlessly.
A major accounting firm needed to organize years-worth of historic audit files to meet PCAOB standards.
They asked Magenic to find a way to build an automated process to migrate all historic, in-process and future audits without changing the look or content of the materials.
In a two-week upfront collaborative planning session with key stakeholders, our team defined an EPIC level backlog, high fidelity mockups for ideation, plus a budget and team model to accelerate into Sprint 0 delivery.
We built a state-of-the-art archiving system which made files more easily searchable and accessible. Now, historical data was right at their fingertips, and the automation guaranteed all future files were aligned to constantly evolving regulation and PCAOB compliance standards.
In a matter of months, we migrated tens of thousands of frozen audit projects, created a virtual library and made it instantly accessible and searchable for decades and beyond.
The audit organization was able to manage a portfolio of products and automate compliance with PCAOB standards within their audit line across public and non-public 404 companies.