Auditwise

AuditWise is more than an audit management software; it's an investment in your organization's future that helps proactively mitigate risk, increase operational efficiencies and foster compliance culture. Here's how:

Centralized Platform:No more scattered spreadsheets and disjointed systems! AuditWise offers one, central platform for managing all audit activities, documentation, and communication - eliminating data silos while increasing collaboration and making sure everyone stays on the same page.

Risk-Based Audit Planning: To maximize resource use effectively, prioritizing audits based on risk is key to keeping resources where they're most needed. AuditWise assists you in identifying, assessing and mitigating risks to ensure your audit efforts align with strategic goals of the organization.

Automated Workflows: Simplify repetitive tasks such as scheduling, task assignment and follow-up reminders by automating them; this allows your audit team to focus on higher value activities like risk analysis and evaluation.

Real-Time Monitoring and Reporting: Enjoy real-time visibility into the progress of your audits using interactive dashboards and customizable reports. Identify potential issues early and take corrective actions before they escalate further.

Comprehensive Audit Trail: To ensure accountability and meet regulatory compliance, maintain an auditable log of all audit activities that includes who performed them, when, and why. Doing this helps facilitate compliance with regulatory requirements while assuring accountability.

AuditWise was designed with security in mind. Our industry-leading security measures protect your sensitive data while adhering to regulations such as GDPR, HIPAA, and SOC 2.

AuditWise offers features designed to simplify audit and compliance processes:

Audit Scheduling Software: Our Audit software allows for simple audit scheduling, assignment of resources and progress monitoring using our user-friendly audit scheduling software.

Workflow Management: Manage audit workflows such as task assignments, approvals and escalations automatically through this intuitive system.

Document Management: Securely store and manage all audit documentation in one central repository.

Risk Analysis: Effectively identify, assess, and mitigate risks with our integrated risk evaluation tools.

Control Testing: Plan and execute control tests to measure the effectiveness of internal controls.

Issue Tracking: Our integrated issue tracking system makes it easy to track and address audit findings quickly and efficiently.

Reporting and Analytics: Generating Customizable Reports and Dashboards to Track Audit Progress and Recognize Trends

Collaboration Tools: Foster Collaboration between Audit Team Members and Stakeholders with Built-In Communication Tools.

Compliance Management: Compliance management ensures compliance with industry standards and government regulations. Audit Manager Software: Equip your audit managers with all of the tools necessary for effective oversight of projects and teams involved with auditing.

Implementing AuditWise can have a substantial positive effect on your business:

Reduced Risk: Proactively identify and mitigate risks to protect your organization against financial loss and reputational damage.

Improved Efficiency: Automate repetitive tasks and streamline audit processes in order to free your audit team to focus on higher-value activities.

Improve Compliance: Stay in compliance with industry and government standards to avoid fines and penalties, whilst simultaneously increasing Transparency by giving real-time insight into your risk and compliance posture.

Better Decision-Making: Make informed decisions using accurate and reliable audit data.

Cost Savings: Reduce audit and compliance costs by automating tasks and increasing efficiency.

AuditWise was developed to meet the needs of various users, such as:

Internal Auditors: To streamline audit processes, increase efficiency and enhance quality.

Compliance Officers: To monitor compliance with industry standards and government regulations.

Risk Managers: To identify, assess and mitigate risks throughout an organization.

IT Professionals: Oversee IT audits to protect IT system security.

Finance Professionals: Conduct financial audits in order to ensure accurate financial reporting.

Executive Management: Gain visibility into your organization's risk and compliance posture.

AuditWise can be used to manage an extensive variety of audit and compliance activities, including:

Financial audits: To verify the accuracy and compliance with accounting standards of financial statements.

Operational Audits: Evaluate efficiency and effectiveness in business processes. 

IT Audits: Evaluate security and integrity within IT systems.

Compliance Audits: To ascertain compliance with industry standards and government regulations.

• SOX Compliance: Manage Sarbanes-Oxley Act compliance.
• GDPR Compliance: Ensuring GDPR regulations are met.

HIPAA Compliance: Maintain the privacy and security of patient health data.* ISO Compliance:* Ensuring compliance with ISO standards.