Audit Management Software

Maintain your audit management systems responsibilities through task wizards, appearing as a to-do list on the home screen for each user. Automated email notifications, alerts and reminders help you keep track of key audit dates, control reviews and any outstanding issues or findings.

Use LogicManager’s audit management software to define, track and manage your audit universe. Capture key information for each audit including your internal audit team, scope, timelines, etc. and relate each audit to the business processes they observe to more efficiently plan and schedule future audits.

Improve allocation of resources and timing by prioritizing what needs to be audited, which team is responsible, and when the project should occur. LogicManager’s Taxonomy technology enables auditors to link risks and controls to the business resources and goals they affect, greatly reducing time spent on non-value added items.

Configure audit workflows and business rules to automatically trigger tasks, status updates, notify employees, and facilitate effective coordination and reporting. The flexibility of our audit management solution workflow ensures we match your existing processes and allows you to evolve over time.

Outline a focus for each audit, assess risks, manage controls, and design testing related to your most critical controls. Define test steps, custom results and conclusions, indicate where sampling is required and assign tasks or sign-offs to end users. Link your tests to the controls they govern so your auditors keep track of what matters.

Outline and track key metrics associated with your audits including time and expense. Set expected and actual totals, measuring how they align with risk appetites and tolerances. Flexible dashboards give a summary of each audit, your whole program or specific metrics to track performance over time.

Relate issues and findings to any step in your audit process. Determine criticality, assign remediation actions and leverage configurable workflows to facilitate cross-functional investigations. Integrate with email to capture correspondence and any related documents.

Run out-of-the-box audit summaries, work papers, risk-control matrices and heat maps, or build any number of custom dashboards using our built-in reporting engine. LogicManager will also recreate any existing reports you use today for a seamless transition. Export, print or schedule reports for automatic delivery to your email inbox, at any frequency.