In the NI Audit Office we audit more than 100 public organisations which spend over £25 billion of public money every year. We also publish reports on a range of topics including health, justice and education.
In our work we use data from financial management systems as well as open data. But we don’t yet have the technology to use this data to its full potential. We have an exciting opportunity to develop the use of data analytics, artificial intelligence and automation, to provide greater audit coverage and more insight. This will add value to public sector organisations and generate efficiencies.
The GovTech Catalyst supports public sector organisations to work with tech firms to develop innovative solutions to complex problems. The NI Audit Office has been awarded funding from the Govtech Catalyst to explore the development of a data-enabled audit. Suppliers have the opportunity to apply for up to £50,000 (including VAT) in Phase 1 to research and develop ideas and proposals, plus the opportunity to bid for additional funding up to £500,000 in Phase 2.
The aim of the competition is to develop a holistic data enabled audit approach capable of capturing, extracting, cleansing, formatting, interpreting, analysing and presenting data from a range of sources. There are two parts to the challenge:
The competition will open on 19 November. More information click here
There will be a briefing event at the Radisson Blu Hotel, Belfast on 22 November at 1pm. Representatives from the NI Audit Office and the GovTech Catalyst will be there to talk to suppliers about our challenge.