First, Second, Third Line Audits. Covered.
We help customers build audit management solutions that include master schedules, develop risk-based audit processes, and harmonize tools with the risk management framework that supports the goals of audit teams.
Audit Management Features
Risk based assurance increases the likelihood of achieving objectives.
Develop audit plans that are prioritized by risk priority, including the organizational context, risk focus, guidance from audit committees, self-assessments, and risk registers.
Schedule all first line, second line and third line audits are managed in a single schedule along with operations assurance activities, optimizing resources monitoring progress.
Risk Assessment and scoring
Auditor groups can develop risk assessment criteria and score methods to determine audit results, finding severity levels, and overall audit scores.
FINDINGS and STRENGTHS
Manage nonconformities and strengths in one findings database, improve visibility and alignment between audit groups and stakeholders.
CHECKLISTS AND INSPECTIONS
Manage checklist based audits, self-assessments, surveys, and inspections, along with findings and observations that can be shared with operations to provide corrective actions.
Working papers and evidence
Track and record working papers including interviews, process reviews, sample data, evidence of control testing, observations, documentation reviews, and walkthroughs.
process and control Walkthroughs
Walk through processes and controls with stakeholders, review flowcharts and manage queries for control owners to complete.
Time and Expense Tracking
Manage and track time entries, expenses, and fees that auditors and contractors incur while completing audits or assessments onsite to measure the performance of audit tasks.
View all pre-configured solutions
Standard Model is the leading Enablon Governance, Risk Management and Compliance (GRC) services partner, providing consulting services, technical implementations, and managed support services.
LET US DESIGN YOUR AUDIT MANAGEMENT SOLUTION
Designing an integrated, enterprise solution requires thorough reviews of existing data, process and tools, and an analysis of historical design decisions, in order to produce meaningful information for decision making.
Identifying, collecting, and developing data structures, and uploading content typically accounts for 50% of the workload for an Enterprise Software Implementation.
Designing new or review existing processes to define workflows, rules, notifications, and alerts typically accounts for 30% of the workload for Enterprise Software Implementations.
Our preconfigured solution enables projects to launch faster and more efficiently, and typically accounts for 20% of the workload in an Enterprise Software Implementation.