Internal audit is becoming more and more popular in the accounting industry. Various organizations choose to use it because it can improve their organizational performance. The best audit software (the software that has both the features and the experience) determines the success of internal audit.
We decided to help you find the highest quality solutions for this chase by listing 10 of the best devices to help you with your auditing job.
iAuditor
iAuditor is a popular auditing software platform for the construction industry that is programmed to help project teams better conduct and manage safety audits and quality inspections. The platform basically digitizes safety audits and site inspections to establish more flexible approaches to conducting safety and operational audits.
It is also useful for generating checklists and reports directly from any device, especially from mobile devices while in project sites. Packed with numerous audit and business tools, iAuditor enables auditors and inspectors to perform their tasks easily and more conveniently using their mobile device, minus the stress and demands typical of on-site inspections. What’s more, it can be used with or without an internet connection.
Detailed iAuditor Review
Key iAuditor Features
- Access to its public library with over 57,000 templates
- Access inspection forms 24/7, from any location
- Annotate or draw on images
ProntoForms
ProntoForms is a market-leading low-code app and form builder for transforming paper-based forms to digital ones. This enterprise-grade solution makes it easy even for non-technical users to create their own apps and forms.
Its powerful, drag-and-drop form builder has bulk editing features that make form creation and updating an efficient process. You can easily customize your form with advanced controls and conditional logic rules. Single-process solutions can be deployed in as little as a week. Using smartphones and tablets, users can collect and share data from the field in real-time. With reports and analytics, you have data-driven insights on how to improve operational performance.
This cloud-based software primarily helps technicians collect data on the field faster and more accurately. In addition, ProntoForms can also be used to simplify workflows for regulatory compliance, health and safety inspections, and site audits.
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Key ProntoForms Features
- Low-code form builder
- Input and output controls
- Dispatch pre-filled forms
- Offline access
- Version control
Detailed ProntoForms ReviewREAD MORE
Form.com
Form.com is a comprehensive auditing platform that offers businesses the scalability and flexibility to collect mission-critical data and the corresponding business forms to facilitate data collection. It also provides robust automation and customization capabilities to streamline and improve a wide range of workflows and tasks.
This multi-awarded audit software is a feature-packed solution that businesses of any size will need. For instance, it allows seamless field-to-office collaboration among teams as well as provides an integrated inspection solution. Likewise, its dynamic forms boost audit efficiency and speed while sustaining a single version of the truth.
What’s more, this integrated solution has ready-made audit and inspection modules for businesses in various sectors. Further, it offers functionalities to simplify data collection, management, and reporting. And once you deploy Form.com, it can readily match your existing infrastructure.
Key Form.com Features
- Integrated audit platform
- Process audit and checklists
- Offline forms with mobile capability
- Highly flexible, can be used in any industry
- Real-time audit data analysis
Detailed FORM.com Review
Cygna Auditor
Cygna Auditor (formerly Knowledge Vault) is considered a top choice for auditing software due to its robust auditing and inspection capabilities, as well as its advanced reporting and analytics and smart business management features. This cloud-based auditing solution offers a wide array of tools and functionalities, including auditing and analysis, as well as compliance with industry and legal regulations.
This solution provides sophisticated and cost-effective inspection, discovery, reporting, and management functionalities. These features enable IT managers and cloud administrators to secure and optimize cloud-based productivity suites.
Finally, it optimizes license management and service usage to help companies achieve significant cost savings. In addition, it can streamline policy administration, reporting, and analytics.
Detailed Knowledge Vault Review
Key Cygna Auditor Features
- Control and manage Exchange 365 migration projects
- Optimize usage of services and license management
- Tighten security with proactive insights into permission and other security-related changes and activities.
Netwrix Auditor
Netwrix Auditor is another auditing platform given a high rating by our experts and users alike. It is designed primarily to be used by IT auditors and program managers. Also, this user-friendly and easy-to-configure auditing software helps businesses conduct audits to ensure compliance with internal protocols and policies. As a result, this helps ensure robust business data protection and solid access control.
What’s more, it works as an IT security software by enabling users to easily detect security threats and risks to business data and IT systems. It also provides effortless access to compliance documents to readily determine the level of system adherence to internal and external security policies and regulations.
Deployed either as an on-premise or cloud-based IT system, this auditing solutions can readily track data access and create reports on any modifications done by users or staff in an IT network.
Detailed Netwrix Auditor Review
Key Netwrix Auditor Features
- Tracking of user behaviors and activities
- Alerts on active directory changes in real-time
- Lockdown overexposed data
QUANTIVATE
Quantivate GRC Software solutions enable you to effectively and efficiently manage your compliance, risks, and governance initiatives across the enterprise.
- Systematic audit processes
- Audit plan creation tools
- Centralized digital library of all audit plans, workpapers, findings, reports, and follow-up
- Graphical dashboard interface of audit activities, statuses, history, and results
- Risk assessment
- Built-in templates and content: sample audit charter, integrated forms and checklists to organize findings, customizable online questionnaires
- Auditor/resource skillset database
- Resource planning and time tracking (hours & costs)
- Extensive customizable reporting
- Audit work, status, and history tracking
- Corrective action plans and workflow tracking
- Audit task management and scheduling
- Findings management
- Automated email notifications and alerts
- Alignment with Institute of Internal Auditors (IIA) standards
METRICSTREAM
MetricStream provides Governance, Risk and Compliance (GRC) software solutions that allow companies across various industries to streamline and automate their enterprise-wide GRC programs.
- Audit Universe Management
- Risk Assessment and Analysis
- Dynamic Audit Planning
- Audit Resource and Time Management
- Audit Fieldwork
- Audit Issue Management
- Audit Reports
CURASOFTWARE
CURA Software Solutions provides powerful GRC solutions are backed by a worldwide team of subject matter experts & more than ten years of implementation expertise at leading organizations.
- Allows creation of well defined objectives and scope tied to quality, compliance, risk management and other business processes
- Auditors can organize and audit in a logical structure and hierarchy
- Evaluation and tasks that need to be performed for executing the audit can be defined
- Audits can be scheduled periodically or triggered on an ad-hoc basis for specific business processes.
WORKIVA
Workiva is the leader in connected reporting and compliance solutions for accounting, finance, audit, and internal controls.
- Easily distribute surveys and automate data aggregation from a single platform
- Identify, analyze, and monitor risks consistently with total confidence
- Streamline collaboration between teams across the organization
- Mitigate enterprise and operational risks through accelerated feedback processes
ENABLON
Enablon software solutions help companies manage safety and environmental performance, ensure compliance, minimize risks and improve profitability by leveraging some of the world’s most advanced technologies.
- Better plan internal audits
- Increase the productivity of internal auditors
- Improve communication and collaboration
SAP
Automate internal auditing procedures with the SAP Audit Management application.
- Adopt a more strategic, advisory role
- Assess risks with greater speed and ease
- Automate and accelerate the audit process
IDEA.CASEWARE
Audit management and data analysis software trusted by more than 500,000 professionals worldwide.
- Data Analytics for Financial Audits
- IT Audit With Data Analytics
- Operational Audit & Data Analytics
- Audit Analytics & Fraud Risk Analysis.
Conclusion
Audit analytics software can be an essential tool for auditors who are tasked with organizing vast amount of data. Internal auditing software tracks what was happening in your organization over time. It helps you identify patterns and make recommendations based on data collected through analyzing these patterns.