Process Audit Services market includes audits which involves the assessment of the efficiency, effectiveness and economy of an organization's use of resources.
The global process audit services market was valued at $20.16 billion in 2017. North America was the largest geographic region accounting for $7.4 billion or 36.7% of the global market. The USA was the largest country accounting for $5.9 billion or 29.4% of the global process audit services market.
The emergence of Blockchain technology is trending in the Process Audit Services market. A blockchain refers to a distributed ledger which has the relevant details for every transaction that has ever been processed. This technology is used to verify the reported transactions which helps to bring cost efficiencies in the process audit environment. It also saves time.
Companies Covered: PwC, Deloitte, Ernst & Young, KPMG
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