The Top 10 Internal Audit Management Software

AuditBoard is a cloud-based audit, risk, ESG, and InfoSec management platform. OpsAudit is an integrated module within the AuditBoard platform, designed to help businesses manage audit projects and conduct risk analysis. OpsAudit provides organizations with real-time views of audit plans, remediation statuses, and problem reports. It also encourages collaboration across all audit facets, including planning, fieldwork, and reporting, thus boosting the project’s agility and value.

Key aspects of AuditBoard OpsAudit are its abilities to rapidly identify auditing risks and trends, with a focus on crucial auditing zones. The online tool offers a centralized view of all auditable entities, including associated audits, risks, and issues. It allows teams to conduct instant risk assessments, helping them to identify risks and controls for processes or operations under review more swiftly. This enables them to ensure comprehensive coverage over the most significant risks and stakeholder feedback. OpsAudit also offers a resource optimization feature that centralizes team scheduling in a flexible and visually engaging manner, ensuring resources are effectively assigned to appropriate projects. Additionally, OpsAudit bolsters fieldwork, testing, and review via inherent workflows, and by collating documentation in a single location.

Overall, OpsAudit not only allows organizations to run their annual audit plan more efficiently, but it also optimizes resource usage and enhances productivity. Its robust suite of features, including versatile integrations, user-friendly interface, and automation capabilities, make it a powerful tool in the field of audit management.

The Diligent One Platform is designed to streamline board management and Governance, Risk, and Compliance (GRC) operations. This centralized system offers users a comprehensive view of risk conditions throughout their organization, presenting key data to board members to influenced more informed decision-making. The platform offers a range of integrated modules such as board management, market intelligence, enterprise risk management, and audit management—all of which are accessible through a single, FedRAMP-confirmed platform.

One notable feature of the Diligent One Platform is its centralized audit insurance. This provides increased visibility across multiple audits and helps users maintain a thorough audit history. By integrating key assurance functions, the platform leads to clearer communication and well-grounded decision-making. The Diligent One Platform also includes advanced audit analytics with Diligent ACL Analytics. Users can aggregate, clean, and normalize data, run analytic procedures, produce actionable results, and even generate visually appealing reports from the same interface. Finally, the Diligent One Platform provides purpose-built reporting tools to offer detailed insights on audit progress. These tools are adaptable for use in Word and PowerPoint as well as customizable dashboards. They also allow for the creation of reports that seamlessly cater to a variety of stakeholder needs.

Overall, the Diligent One Platform offers a comprehensive suite of tools that deliver actionable risk management and effective data and audit management for various business operations.

ETQ Reliance is a cloud-based quality management software that helps businesses manage quality processes throughout the entire product lifecycle. It features 40 integrated applications, with key focus areas including document Control, Corrective and Preventative Action (CAPA), supply chain quality, nonconformance management, and audit management. The audit management module enables comprehensive control over the audit process, including planning, execution, approval, and reporting.

ETQ Reliance’s audit management application is highly configurable; businesses can tailor audit checklists, questions, and scoring methods to align with their internal quality processes, fostering company-wide adoption. Users can create audit management plans including multiple audits throughout the year and generate detailed audit reports that can be distributed to team members. Additionally, workflows can be customized to improve compliance and internal audit readiness. ETQ Reliance consolidates all audit components into a centralized, accessible location, which improves audit preparation efficiency. The software also facilitates in-depth, actionable insights from audit findings, allowing users to launch investigations, execute corrective actions, and initiate changes directly from the audit record.

ETQ Reliance helps enhance audit-related readiness and reduce angst associated with audits. With flexible configuration of workflows and profiles, businesses can manage and track their quality audits remotely, and the ETQ Reliance mobile app enables audit management from any device, providing a high level of convenience and adaptability.

Hyperproof is a compliance and risk management platform. It offers modules for managing compliance, risk, vendors, and audits; its audit management module helps businesses to effectively prepare for audits with real-time and accurate data.

The audit management segment of Hyperproof creates an automatic link between controls and audit queries, simplifying the audit readiness process and allowing for work repurposing for future audits. The product also facilitates collaboration between auditors, having the capacity to invite them into a dedicated audit space for convenient information exchange. The audit dashboard also provides instant updates on the pending, in-progress, under review, and completed requests.

On the security front, Hyperproof is designed to provide users with access to essential information, while ensuring the confidentiality required by compliance administrators. Single sign-on support is delivered with Azure via OpenID Connect, JumpCloud, and Okta via SAML. Additionally, Hyperproof employs multi-factor authentication with apps like Google Authenticator, Microsoft Authenticator, and Authy, adding an extra layer of safety to the Hyperproof instance.

Finally, Hyperproof is SOC 2 Type II compliant, underscoring its dedication to security and data integrity compliance. This makes Hyperproof well-suited to organizations operating within strictly regulated industries that may need to be mindful of risk management and data security when considering new platforms.

Ideagen Internal Audit is a SaaS platform created to help manage and streamline internal audit activity. The platform integrates enterprise risk data to enable the audit teams to concentrate on critical issues and reduce the time spent on system management and update tracking.

Ideagen’s Internal Audit software comes with a central library for objectives, risks, controls, and tests (ORCT) to uphold audit activities’ accuracy and constancy. Users can ensure compliance with business-impacting standards and regulations like SOX, ISO, ESG, and COSO. It facilitates the management and execution of all internal audit and SOX work. Ideagen also provides the capabilities to manage resources, plans, time, and actions needed for the annual audit plan execution. This includes audit reporting, with the incorporation of live data dashboards and reporting within the platform. The platform also encourages efficient collaboration with auditees by providing clear processes, sampling, and questionnaires.

Overall, Ideagen Internal Audit helps improve audit standardization and reporting accuracy across the organization, playing an essential role in improved governance.

Onspring’s Internal Audit Software facilitates thorough process automation and real-time analytics, providing efficient and transparent control throughout the entire internal audit process. The system is designed with pre-configured best practices, user-friendly applications, and automated reporting capabilities that help streamline workflows and build reliable audit trails, ultimately improving team performance rates.

Onspring’s Internal Audit Software offers the ability to track findings, review notes, and audit tasks, as well as conduct and collaborate on surveys with external auditors. Onspring also offers dynamic document production and real-time data aggregation that directly translates data into presentation-ready reports in Word or PDF formats. This includes tables, charts, and maps that provide an in-depth, digestible overview of internal audit controls, ensuring that the audit findings are clearly represented. In addition to this, the software also has task management capabilities that allow for the assignment and tracking of individual tasks based on team member, due date, budget, and priority.

Onspring’s Internal Audit Software helps organizations to improve audit efficiency through automation, transparency in workflow, and in-depth analytics. Its user-friendly interface allows for easy management and control of all audit-related activities, and the automated reporting improves response rates.

Qualio is a comprehensive quality management platform designed specifically for businesses in the medical device, pharmaceutical, biotech, and CSP disciplines. The platform offers a suite of modules that cover a range of operational needs, including document management, supplier management, design control management, risk management, training management, change control management, and audit management. The platform’s audit management module offers a suite of tools—such as task assignment, due date management, and traceability of CAPAs, non-conformances, and other quality events—that enable companies to always stay audit-ready and compliant.

Qualio ensures adherence across multiple regulatory guidelines such as ICH Q10, ISO 9001, ISO 13485, ISO 14971, FDA requirements, and EU MDR. It promotes continuous improvement with organized documents, procedures, and automated internal audit schedules. The platform also helps boost efficiency by automating document and data processes, thereby eliminating the need for paper-based audits. Finally, Qualio allows easy access to all audit artifacts via its document templates and tagging system.

Qualio’s automated features not only streamline processes—saving time and labor—but also ensure compliance to minimize the risk of fines, penalties, and product recalls. Its centralized system connects data and teams, providing unified control and visibility, making audit readiness a competitive advantage for the user.

SAP Audit Management is a robust solution that brings automation to internal audit processes, thereby enhancing their efficiency and quality. Available via on-premises or cloud deployment, SAP streamlines audit activities like evidence documentation, organization of electronic working papers, and audit report creation. The software also features mobile capabilities and user-friendly drag-and-drop tools.

SAP Audit Management automates audit procedures, significantly reducing the time involved in the audit process, from evidence documentation to report generation. The platform allows auditors to conduct timely risk assessments in a collaborative and integrated manner. By combining user-friendly interfaces and sophisticated collaboration tools, it enhances auditors’ productivity and fosters an environment of cooperative work. It also provides the means to track and deliver audit results consistently, thus ensuring transparency and control over the audit process. This includes the platform’s ability to standardize reports with pre-established templates and automated issue tracking, reducing the likelihood of repeat findings, and helping visualize results. Finally, the platform integrates with SAP Risk Management and SAP Process Control to provide a closely-knit architecture for the organization’s auditing needs.

SAP Audit Management reduces the cost of internal audit processes while accelerating and optimizing their execution. The platform enables auditors to spend less time on repetitive tasks, and more time taking on a strategic and advisory role, leading to high-value insights and more efficient risk management.

TeamMate+ is an internal audit software developed by Wolters Kluwer. Designed to be fully adaptable to the individual needs and workflows of any organization, TeamMate+ ensures alignment with audit best practices and IIA standards. The software aims to improve operational efficiency and productivity, encouraging collaboration across audit and risk management teams and providing valuable insights from aggregated data.

One of the key features of TeamMate+ is its configurable user experience. The software is designed to adapt to your current and future audit workflows across planning, execution, report generation, and audit trail preservation. This makes the platform well-suited to dynamic business environments, without compromising efficiency or compliance. TeamMate+ simplifies the resource planning and scheduling processes by helping teams manage resources against the audit plan and facilitating quick adaptations when changes are necessary. TeamMate+ also helps foster better stakeholder collaboration by providing access to business users, enabling shared document requests, and centrally tracking issues. In terms of reporting, TeamMate+ allows users to create clear, easy-to-understand reports for stakeholders, complete with enhanced graphs and charts. Existing report templates can be easily integrated, ensuring a consistency of format and presentation, and the platform also offers role-specific dashboards that allow auditors to focus on pivotal tasks, while audit managers can track progress more effectively.

By delivering a comprehensive suite of audit capabilities, TeamMate+ helps audit and risk management teams maintain control, increase productivity, and deliver quality results.

Workiva is a cohesive platform designed to facilitate smooth financial reporting, ESG, auditing, and risk management processes. The platform serves as a centralized, secure, and audit-ready solution that helps bridge department silos, enhance trust, and maintain agility by adapting to your organization’s existing processes.

Workiva provides a platform for planning, testing, reporting, and monitoring audit work in a single location. The platform excels in its flexibility and capacity to adapt to varying audit structures; it’s equipped to handle all types of audits seamlessly, allowing for swift adjustments of audit plans. Thanks to its powerful automation capabilities, Workiva helps offload the burden of manual audit tasks and workflows and simplifies the processes in audit planning, fieldwork, and reporting, with automated evidence collection, engagement reports, and risk assessments. The platform also offers robust reporting features; utilizing real-time dashboards, users can access data when needed, contributing to informed and smart business decisions.

Workiva’s offering enables more efficient audits, helping managers stay agile and informed through automated workflows and real-time data capturing. It helps businesses to simplify their audit process, quickly respond to new developments, and provide accurate, audit-ready reports. This ensures that organizations can manage their resources and allocate budgets effectively, while confidently communicating their audit status to key stakeholders.