CaseWare IDEA vs. Microsoft R Open / Revolution R Enterprise

One example of specific scenario in [CaseWare] IDEA is the ability to run samples separately and then based off of the results, compare and contrast the values recorded and easily discern if there are any variables or discrepancies within the data itself. Also, we can test journal entries with certain parameters to check the audit for any issues that may arise pertaining to the criteria. By testing, we are able to make sure the data is accurate and sufficient.

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A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info

If you are a MS shop specifically, or have more generic data requirement needs from Microsoft sourced data this will work well. If you have a lot of disparate data across a number of unique platforms/cloud systems/3rd party hosted data warehouses then this product will have issues or a lack of documentation on the net. Performance-wise this product is equal to other R platforms out there.

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Independently Invited by TrustRadius

A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info

• Easy to understand and easy to use.
• Can use on large quantities of data and quickly analyze them.
• Uses logic that can be followed if one is an auditor. I, for example, could understand the logic in a number of samples, i.e how the number of samples thrown changes when risk changes from low to moderate in proportion taking in consideration the materiality.
• Other audit firms are using 2 software for the process that IDEA alone can do. So IDEA has a definite advantage here.
• Customizable by the company.

• It allows distributed algorithm runs on Hadoop HDFS cluster
• It allows using different file formats such as SAS7BAT files or complex files in tab or comma delimited making data munging easier
• It provides scalable solutions by allowing users to re-use R scripts and distributing the computing over nodes through RHadoop

• Bit of a learning curve for the advanced features as a beginner.

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Independently Invited by TrustRadius

A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info

• Very steep learning curve... for such a quick and useful tool the learning curve is unacceptable.
• Very dangerous in the wrong hands. Because most add-ons are pre-written, you have to trust the community that malicious script is not used.

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A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info

In general, Revolution Analytics brings a lot of value to the organization. The renewal decision would be based on return on investment in terms of quantified actionable insights that are getting generated against the cost of the product. Additionally, market brand of the tool and reputation risk in terms of possible acquisition and its impact to overall organizational analytic strategy would be considered as well.

It is good, easy to use, improvements are being made to the product and more info being shared in the community. It just needs some more time to become more integrated to other platforms and tools/data out there.

Incentivized

Independently Invited by TrustRadius

A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info

I would rate it a 9 because I never really needed support on this but if I did, there was the necessary support given promptly.

Generally support comes through the forums and user generated channels which are helpful, easy to access, quickly turned around and provided by knowledgeable users. However the support channels are not employees and the channels are often used as a way to learn quick difficult elements of R. Better design, users interface and tutorial options would alleviate the need for this sort of interaction.

Incentivized

Independently Invited by TrustRadius

A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info

I have used Microstart and would definitely vote for IDEA because IDEA combines what Microstart does with the help of one/more softwares. Where Microstart just gives a number of samples, IDEA selects the number of samples based on materiality, risk, and other factors. It selects those samples from the population leaving out line items that are invalid/ zero. I would prefer using IDEA any day.

The two are different products for different purposes. But for someone who has little or no experience in R programming, Power BI would be better for starting with. Having said that, Microsoft R is built on R, thus allowing for customization of complex calculations not typically available otherwise.

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Independently Invited by TrustRadius

A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info

• We were able to save time by over 200 billable hours over our last busy season cycle
• We saved roughly 12% on costs compared to the last program we used.

Incentivized

Independently Invited by TrustRadius

A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info

• Helped save company money versus buying other stat software

Incentivized

Independently Invited by TrustRadius

A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info