Audit management

Your auditing. Altogether better.

A single point of truth that provides independent assurance of your organization’s management and the adequacy and effectiveness of your enterprise risk framework.

Comprehensive audit universe linked to your risk program

Adopt a risk-based approach to your audit universe with real-time analytic insights.

Targeted audit plans driven by trending analytic insights
Audit profiling capability for comparison and planning
Audit scope linked to company objectives and the risk universe
Recording of observations, recommendations and findings through to action management and assignment

Faster execution and follow-up

Take a dynamic approach to audit, ensuring visibility of audit progress and results.

Assignment of findings and actions to the business
Dynamic audit lifecycle management with multifunctional workflow and alert management
Easily generate audit workpapers and reports to show progress toward findings completion and sign-off
Manage user permission framework to support audit security and integrity

Engage your stakeholders

Drive stakeholder engagement to ensure audit outcomes transition effectively to audited areas.

Digital footprint providing auditable record of every aspect of the audit plan and execution
Visual dashboards linking audit findings to risk and control environments
Seamless assignment of remedial actions
Automated workflow alerts and reminders to support audit workpaper management
Governance of audit actions closure

Streamline audit management in compliance with ISO 19011

DA solution that supports all stages of your internal audit function and aligns with ISO 19011.

End-to-end management of annual audit program
Create annual audit plans
Streamline audit steps and programs
Manage audit findings

Audit management brochure.

How to ensure the adequacy and effectiveness of your enterprise risk framework.

The complete guide to compliance.

Managing compliance is a formidable task due to the sheer quantity of requirements. Get a helping hand.

Calculate your ROI

See how much you can save with Protecht.

Buyer’s guide

What an ERM solution is, why you need one, and how to make the right choice.

Protecht ERM - your single source of truth for audit management

Audit reporting and insights analysis

Single source of audit insight

Scheduling and workflow planning

Audit reporting and insights analysis

Drive enhanced management insights and track actions through to completion using structured audit reports and dynamic dashboards.

Deep-dive analysis to shape risk-based audit plans
Understand resource capacity status through Gantt charts
Analyze estimated vs. actual audit dates
Off-the-shelf push-button reporting for risk and audit committees
Interconnectivity with ERM taxonomies linking audit outcomes back to risk themes
Trends of findings and issues: severity, 12-month trends, problem risks, controls and business units
Progress and ratings of audits for the audit program year

Single source of audit insight

Link consistent audit data to centrally managed risks, controls and compliance questions in real time for a holistic view.

Audit profiles to view historical information and plan future audits
Align scope with objectives, including exclusions and rationale
Create and track audit questions
Attach evidence, workpapers and documents to audit responses
Capture design and operating effectiveness test results for each control
Assign findings to risks and controls
Assign corrective actions to stakeholders
Conduct root cause analysis using bow-tie methodology

Scheduling and workflow planning

Power audit planning, findings management and corrective action through scheduling and workflow rules.

Automatic notifications for upcoming or overdue audits
MyTasks launchpad for users to monitor their audit tasks and activities
Trigger control testing and findings notifications
Advise action owners of their obligations and escalate overdue mitigation actions

Preconfigured content - for a turnkey launch

Optimize your risk management with the click of a button. Set up and maintain your ERM system with Marketplace: preconfigured registers, dashboards and reports.

Popular register packages for audit management

Audit Management

Stay on top of audits and prevent unnecessary duplication with Line 2 assurance work. Registers and dashboards provide greater visibility and oversight, allowing you to:

Integrate audit records with impacted risks and controls
Centrally capture findings and assign them
Collate outcomes of external audits
Understand audit progression and ratings

Findings and Issues Management

Centrally manage your findings and issues management with a ready-made register and dashboard that help you:

Identify issues early in a central register
Record, investigate and manage issues and audit findings through to action plan
Understand the progress and ratings of findings and issues with graph insights

Actions Management

Gain visibility of risk and compliance management actions to ensure they are carried out by the right people and at the right time. The Actions Management register and dashboard help you:

Create and supervise any type of action
Assign owners and contributors
Follow-up and escalate actions
Identify overdue actions

Risk Events

Consistently communicate about risk in your organization with a risk event taxonomy and library.

Establish an integrated picture of risks throughout the various components of your Protecht solution, linking through to reporting
Standardized classification with tags for risk category and level

Operational Controls

Implement a strong control framework with this taxonomy and library of operational controls that can be centrally managed. The Operational Controls Library helps organizations:

Clearly communicate with consistent language for controls, avoiding unnecessary variation
Identify control improvement opportunities
Easily report, allowing aggregation of controls across the organization
Improve engagement with the business

Find out more about audit management.

Thought leadership and product demonstration webinars

Product demonstration webinar

Achieve streamlined, integrated audit management with Protecht ERM.

Product demonstration webinar

Build a robust controls program with Protecht ERM.

Watch on demand

Thought leadership webinar

Control frameworks and compliance: Bridging the gap to risk management.

Watch on demand

Your auditing. Altogether better.

Comprehensive audit universe linked to your risk program

Faster execution and follow-up

Engage your stakeholders