Digital Internal Audit Solution
With recent technology paper is a thing of the past, manual audits bring with them many problems from wasting large amounts of time and money to users
Why is it critical you digitise your auditing solution.
With recent technology paper is a thing of the past, manual audits bring with them many problems from wasting large amounts of time and money to users having to manually access different systems to gather the information they need, leading to errors in the process.
Digitising will not only allow your company to adapt to change and improve efficiency, but you will also reap the great benefits of upgrading, such as:
- Save money.
- Real-time insight.
- You will always have access to the most up-to-date data.
- Less preparation time is required as the planning is finalised in no time.
- Quick analysis.
- You get the data you need without wasting time searching for it.
Internal audit execution workflow.
01
Planning
Contact is established with the client and the collection of relevant information is initiated, and then the objectives are determined.
02
Execution
During this process potential findings are obtained and reported to the client as they are identified and observations are discussed.
03
Reporting
Once the execution is completed, the audit findings and conclusions are gathered and communicated to the client with recommendations to be taken, in addition to the action plan and report.
04
Flow Up
A report is completed with the actions taken to resolve the original report findings and the unresolved findings.