LogicManager’s audit management systems and solutions provide the capabilities and best practices needed in achieving your next goal and Manage Tomorrow’s Surprises Today®. Advance your team beyond compliance and financial reporting, by enabling them to focus on business goals, operational objectives, and key processes enterprise-wide.
Our risk-based audit management software provides the foundation for scheduling, planning and executing audits. Conduct risk assessments, test controls and validate the work of other governance areas for full transparency and assurance.

Flexible, Easy to Use, and Robust

Audit management tools

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.

Audit resource planning

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.

Scheduling, scoping and milestones

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.

Audit approvals and workflows

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.

Control reviews and testing

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.

Time & expense tracking

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.

Manage issues and findings

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.

Audit work papers and reporting

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.

DEDICATED, UNLIMITED SERVICES WITHOUT ADDED COSTS

All customers are assigned a dedicated LogicManager analyst, who provides unlimited support for the lifetime of the agreement. From on-boarding, training, data import and including industry guidance, report building, and hands-on program assistance, our analysts are trained to ensure your goals are met.

  

LogicManager’s ERM platform is recognized by Forrester Research with a perfect score (5 out of 5) in “Customer Feedback,” as well as high scores in “Product Vision and Strategy.”FORRESTER

– The Forrester Wave™: Governance, Risk, And Compliance Platforms, Q1 2016

LogicManager in the News

Risk Management Lessons of the WannaCry Ransomware

May 23, 2017
Reporter Joe Mont discusses the WannaCry, "a nasty piece of ransomware attacking organizations around the globe. Those unfortunate enough to be...
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In a Changing World, Questions For the CRO

May 3, 2017
Before the financial crisis in 2008-2009, many businesses didn’t think of risk as something to be proactively managed. After the...
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LogicManager Named One of 50 Most Valuable Tech Companies by Insights Success

April 27, 2017
LogicManager, a leading provider of integrated risk management, governance,and compliance solutions, has been named one of Insights Success’ 50 Most...
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Breakdown and Repair: The Wells Fargo Reputational Crisis and Its Aftermath

April 17, 2017
The misdeeds that led Wells Fargo & Co. to pay $185 million in regulatory fines last September were years in...
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Addressing third-party information security risks in 2017

January 24, 2017
Information security is the risk topic of the year. Following the many cyber-breaches reported in 2016, most companies are setting...
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What corporate meltdowns teach us about ERM

January 10, 2017
Reporter Joe Mont discusses how “emerging technologies and new commerce models have transformed how businesses operate,” alongside LogicManager’s CEO Steven...
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Tell Me Something I Don’t Know: 5 Supply Chain Predictions For 2017

December 29, 2016
What’s LogicManager’s biggest prediction for changes in supply chain risk management this year? Read the interview in Forbes Magazine to...
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Taking on the Six Biggest Issues in Risk Management

December 23, 2016
How can organizations tackle the six biggest issues in risk management? Steven Minsky addresses each area in BankNews, and provides...
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Leading the field: What makes an ERM program truly effective?

December 12, 2016
Steven Minsky outlines the top five characteristics of leading healthcare ERM programs in his latest article for Healthcare Risk Management...
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Who’s Legally Liable for a Risk Management Failure?

September 29, 2016
Read Steven Minsky’s latest article in Treasury & Risk on how courts are assigning liability when corporate data or financial security...
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Free Resource Downloads
Use this audit management datasheet from logicmanager to establish audit management.

LogicManager offers an internal audit management solution that helps you schedule & plan audits more effectively.

how to integrate governance areas for erm and grc.

In this eBook, we’ll walk through how to build a standardized risk governance structure, also known as a taxonomy.

Use the ERM program audit guide to study the RIMS risk maturity model.

This guide includes an overview of the RIMS Risk Maturity Model, best practices, an audit checklist, and more!

LogicManager case study about acting on risk appetite and tolerances.

A large, multinational manufacturer aiming to identify & assess risks across departments in this case study.

Why LogicManager?

PRESENT DATA WITH AUTOMATED REPORTS

When you’re presenting to your team, the board, or committee, generating reports should be quick and painless. LogicManager tracks your historical data to automatically create a variety of reports, which you can configure with a few clicks on your laptop. If you want to create brand-new reports, our Business Intelligence Reporting Tool is intuitive and straightforward, and your business analyst is always available as a resource.

Learn More

internal audit management software

Explore LogicManager’s Risk-Based Functionality

Report, resolve and track any number of incident types with configurable fields and workflows. Learn more >>

Maintain your portfolio of policies, procedures and documents while tracking important information and reminders. Learn more >>

Track operational activities, financial attestations and accountability to increase reporting efficiency and accuracy.
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Map relationships between critical processes and resources to ensure long-term sustainability and timely responses. Learn more >>

Our governance software manages critical IT resources and assets while ensuring adherence to security compliance and standards. Learn more >>

Determine which standards and regulations are applicable, assess compliance, and stay up-to-date with automated alerts and notifications. Learn more >>