What users are saying about
4 Ratings
2 Ratings
4 Ratings
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Score 8.8 out of 100
2 Ratings
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Score 8.7 out of 100

Likelihood to Recommend

CaseWare IDEA

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.
Anonymous | TrustRadius Reviewer

TrackWise

Trackwise is an excellent tool to track activities and action items. We specifically used it to track quality management systems such as NCRs and CAPAs and include action steps and sign-offs. I would not use it to track projects that have significant data uploads.
Anonymous | TrustRadius Reviewer

Pros

CaseWare IDEA

  • 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.
Anonymous | TrustRadius Reviewer

TrackWise

  • Tracking System
  • Search Function
Anonymous | TrustRadius Reviewer

Cons

CaseWare IDEA

  • Bit of a learning curve for the advanced features as a beginner.
Anonymous | TrustRadius Reviewer

TrackWise

  • Query was limited and slow
Anonymous | TrustRadius Reviewer

Support Rating

CaseWare IDEA

CaseWare IDEA 9.0
Based on 1 answer
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.
Anonymous | TrustRadius Reviewer

TrackWise

TrackWise 5.0
Based on 2 answers
I did not interact with the support team.
Anonymous | TrustRadius Reviewer

Alternatives Considered

CaseWare IDEA

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.
Anonymous | TrustRadius Reviewer

TrackWise

Trackwise is better than Arena. You need sign-offs before moving to the next step. While in Arena, you can complete the whole task and request sign off later. Not sure which is better for everyone, but I prefer to sign off before moving to the next step.
Anonymous | TrustRadius Reviewer

Return on Investment

CaseWare IDEA

  • 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.
Anonymous | TrustRadius Reviewer

TrackWise

  • Got rid of paper tracking.
  • Saves time by easily searching data base.
Anonymous | TrustRadius Reviewer

Pricing Details

CaseWare IDEA

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

TrackWise

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

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