Simplifies the process of Internal & External Audits
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Automating audit teams
Audit Management Solution is designed to help companies manage a wide range of audit-related activities, data, and processes in a single, comprehensive framework. Implement a risk-based approach to planning and prioritizing audit processes. Create audit and remediation tasks based on project and findings. Easily document and share audit findings. Complete visibility to audit performance, findings and history. It also provides end-to-end functionalities for managing the complete audit lifecycle - from audit planning and scheduling, to the development of standard audit plans and checklists, to field data collection, to the development of audit reports and recommendations, to the review of audit recommendations by auditees and the Management, to the implementation of audit recommendations.
Benefits of the Solution
Enables systematic and workflow driven audit processes across the enterprise with standardized data collection to eliminate audit errors and inconsistencies Facilitates a closed-loop audit cycle for recording findings, developing recommendations, and implementing action plans Provides complete visibility into audit processes and metrics for better risk management and assured compliance Strengthens the efficiency of the audit staff, enabling them to be focused on value-oriented functions such as analyzing and recognizing trends in the audit data