For today’s internal audit teams, the audits themselves are only one part of a growing scope of responsibilities. Executives and departments across the organisation rely on auditors for insights into threats and vulnerabilities, as well as plans for remediating issues and mitigating risk.
Such heightened expectations require a shift in how auditors get their job done: a move from traditional “check-the-box” evaluations to a more value-driven, risk-based approach. The pressure is on to deliver timely, data-driven and actionable insights.
Yet, two big obstacles stand in the way:
1. Doing more with less
2. Attempting to do it all with the wrong tools
Fortunately, technology can help. With the right audit management software, internal audit teams can increase efficiency and strengthen assurance in the findings they deliver to executives, leaders, regulators and departments across their organisation.
Download this free buyer’s guide to learn more about the key features to look for in an audit management solution.