Audit Management

Aurex™ provides a comprehensive suite of tools to streamline audit processes and improve organizational efficiency. It offers features for end-to-end processes ranging from audit planning to customizable reporting, integration with data analytics tools, automated notifications, and dynamic dashboards. The platform also facilitates seamless collaboration among audit team members with agile workflow management tools, task tracking, and progress monitoring. Additionally, Aurex™ includes structured mechanisms for tracking audit recommendations, automated alerts for overdue action items, and comprehensive reporting on follow-up activities to assess corrective measures' effectiveness.

The module enables you to do:

Everything from Audit Planning to Reporting
Audit Workflow Management
Annual Budgeting & Resource Management
Audit Follow-up
Industry Challenges:
  • No Unified Platform: Lack of a centralized platform for the cycle of audit planning to reporting.
  • Wastage: Inefficient resource allocation and management.
  • Inefficiencies: Fragmented audit workflows leading to delays and miscommunication.
  • Problems with Findings: Ineffective follow-up mechanisms resulting in unresolved audit findings.
Aurex™ Solutions
  • A Unified Platform: A centralized platform for a comprehensive audit cycle, starting with planning and ending with reporting, ensuring consistency and accuracy across audit activities.
  • Robust Resource Management: Advanced resource management tools for optimizing team assignments, workload distribution, and resource utilization.
  • Enhanced Communication: Agile workflow management features facilitate seamless collaboration and communication among audit team members.
  • Pre-emptive Actions: Structured follow-up mechanisms with automated alerts and escalation procedures to ensure timely resolution of audit findings.
Benefits
  • Wholesome Gains: Improved efficiency and accuracy in the audit planning to reporting cycle.
  • Augmented Clarity: Enhanced accountability through transparent resource management and clear task assignments.
  • Added Efficiency: Streamlined workflows, leading to faster audit cycles and reduced turnaround times.
  • Quick Resolution: Effective follow-up mechanisms ensure the timely resolution of audit findings and recommendations.

Overall, Aurex™ enables organizations to drive continuous improvement in their audit management practices, enhancing compliance, risk management, and operational efficiency.

Workflow

Make an audit plan
Define an audit work programme
Identify issues and observations
Reporting
Schedule the audit
Perform testing
Receive management response
Follow up
Make an audit plan
Schedule the audit
Define an audit work programme
Perform testing
Identify issues and observations
Receive management response
Reporting
Follow up

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