ABOUT US
Our Story
Why was Technology4Business (T4B) set up?
Having worked in Internal Audit for over 20 years, including six years as a Head of Audit, I know that Internal Audit needs to evolve with the organisations that it serves. During my career, I have seen the increased use of data by organisations, which inevitably increases the need for the Audit teams to use data when forming their assurance opinions. In addition, the IIA (Institute of Internal Auditors) current global standards include the requirement for Internal Auditors should consider the use of data analytics in forming their opinions – and this is being further strengthened in the new standards that come into effect in January 2025.
However, many Internal Audit teams are poorly equipped to respond to this challenge – whether through a lack of skills, lack of budget, or just not knowing where to start!
And so to T4B was born!
Established 5-years ago as a “one-stop” data analytics shop for auditors, we leverage our extensive audit and data analytics experience to help audit teams who want to get started with data analytics, or to optimise the use of analytics in their audits. Through our honest advice and real-world experience, we help auditors with data analytics through cost-effective training (including for the Chartered IIA), as well as analytics software and co-sourcing. We can also help with cost-effective recommendation-tracking software for teams wanting to upgrade from manual-Excel based reporting.
Meet your Expert
QIAL Qualified, our lead customer contact ensures that Technology4Business is uniquely placed to support you from both an audit and technology perspective.
Neil Macdonald
Operations Director
A founder of Technology4Business Ltd, bringing Data Analytics experience, training and software to Audit teams across the globe.
I am a former Head of Internal Audit with insight into different sectors and environments. I have hands on experience of implementing both Data Analytics and Continuous Auditing into my own Audit team, as well as experience of implementing data analytics into a range of client organisations across a number of sectors, including central and local government, NHS, education and Financial Services.
