Best Audit Management Software

Best Audit management software options are AuditBoard, MeazureUp, Qualityze Suite, and TeamMate+ Audit. These audit management systems automate and streamline the entire audit process with regulations or internal policies.

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List of 20 Best Audit Management Software

Showing 1 - 20 of 115 products
#1

ADAudit Plus is a fully featured Audit Management Software designed to serve Agencies, SMEs. ADAudit Plus provides end-to-end solutions designed for Windows. This online Audit Management system offers Controls Testing, File Integrity Monitoring, Dashboard, Sensitive Data Identification, Compliance Management at one place. Read ManageEngine ADAudit Plus Reviews

Starting Price: $595 Domain controllers

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Recent Review

"Best Software for auditing and reporting on Active Directory (AD) and file server activities" - Pawan pandey

#2

TeamMate + Audit is a fully featured Audit Management Software designed to serve Startups, Agencies. TeamMate + Audit provides end-to-end solutions designed for Windows. This online Audit Management system offers Operational Risk Management, Audit Planning, Workflow Management, Mobile Access, Alerts/Notifications at one place. Learn more about TeamMate Audit

Starting Price: Available on Request

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#3

AuditBoard is a fully featured Risk Management Software designed to serve Startups, SMEs. AuditBoard provides end-to-end solutions designed for Windows. This online Risk Management system offers Business Process Control, Risk Alerts, Version Control, Audit Planning, Auditing at one place. Learn more about AuditBoard

Starting Price: Available on Request

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#4

Highbond is a fully featured Data Analysis Software designed to serve Enterprises, SMEs and StartUps. Highbond provides end-to-end solutions designed for Web App and Android. This online Data Analysis system offers Alerts/Notifications, Archiving & Retention, Audit Management, Audit Planning, Compliance Management, Compliance Tracking, Controls Testing, Dashboard, and Version Control at one place. Learn more about Highbond

Starting Price: Available on Request

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#5

Compliance Checkpoint is a fully featured Audit Management Software designed to serve Enterprises, Startups. Compliance Checkpoint provides end-to-end solutions designed for Windows. This online Audit Management system offers Controls Testing, Audit Trail, FDA Compliance, Compliance Management, Dashboard at one place. Learn more about Compliance Checkpoint

Starting Price: Available on Request

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Contenders | 2023

#6

Mitigate third-part risks associated with your auditing process, find the previous auditing reports easily by setting filters and automate entire audit lifecycle by using app-based audit management software, MetricStream Policy, and Document Management   Learn more about MetricStream

Starting Price: Available on Request

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#7

Onspring is a dynamic supplier management software that simplifies the process of reporting and managing data, besides streamlining your workflow. This simple software has an easy-to-use interface. It also offers outstanding technical support to its users. Learn more about Onspring

Starting Price: Available on Request

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Emergents | 2023

#8

Netwrix is cloud-based audit software that comes with Office 365, Sharepoint and Windows File Servers integration for the easy and quick auditing process. Users can easily export/import the data and implement risk-appropriate security controls.   Learn more about Netwrix

Starting Price: Available on Request

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#9

RSA Archer is a governance risk and compliance software designed specifically for enterprises and industries. It offers third party governance, regulatory compliance, IT & security risk management, business resiliency, and enterprise risk management. Learn more about RSA Archer

Starting Price: Available on Request

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#10

LogicGate is an agile GRC software solution, within a no-code environment, that meets the needs for the entire enterprise. With LogicGate you can automate your risk and compliance processes, more accurately identify and assess risks, and streamline your documentation and reporting. Learn more about LogicGate

Starting Price: Available on Request

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#11

Workiva is powerful and intuitive solution for Reporting tool. It is cloud stage that modernizes how individuals function inside a great many associations around the world. Workiva offers controlled joint effort, information coordination, granular authorizations, and a full review trail. Read Workiva Reviews

Starting Price: Available on Request

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"A great data management tool" - Sudhir Singh

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#12

AuditDesktop is a fully featured Audit Management Software designed to serve Startups, SMEs. AuditDesktop provides end-to-end solutions designed for Windows. This online Audit Management system offers Audit Planning, Compliance Management, Dashboard, Issue Management, Risk Assessment at one place. Learn more about AuditDesktop

Starting Price: Available on Request

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#13

ZenGRC is a fully featured Risk Management Software designed to serve Agencies, SMEs. ZenGRC provides end-to-end solutions designed for Web App. This online Risk Management system offers Sensitive Data Identification, Issue Management, Operational Risk Management, Compliance Management, PIA / DPIA at one place. Learn more about ZenGRC

Starting Price: $2500.0 month with a one-time onboarding fee

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Emergents | 2023

#14

By automating the auditing process from ground-level, MasterControl makes auditing an easy process. This audit management software is easy-to-implement and can help you conduct regulatory operations. It ensures quality compliance as well.   Learn more about MasterControl

Starting Price: $1000 Per Month

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#15

Riskonnect is a fully featured Risk Management Software designed to serve Startups, Enterprises. Riskonnect provides end-to-end solutions designed for Web App. This online Risk Management system offers Risk Alerts, Version Control, Operational Risk Management, Compliance Management, Sarbanes-Oxley Compliance at one place. Learn more about Riskonnect

Starting Price: Available on Request

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#16

Optial SmartStart is a fully featured Audit Management Software designed to serve Enterprises, Startups. Optial SmartStart provides end-to-end solutions designed for Web App. This online Audit Management system offers Alerts/Notifications, Exceptions Management, Compliance Management, HIPAA Compliance, Auditing at one place. Learn more about Optial SmartStart

Starting Price: Available on Request

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#17

Ideagen Risk Management is a fully featured Risk Management Software designed to serve SMEs, Agencies. Ideagen Risk Management provides end-to-end solutions designed for Web App. This online Risk Management system offers Alerts/Notifications, Reputational Risk Management, Operational Risk Management, Internal Controls Management, Compliance Management at one place. Learn more about Ideagen Risk Management

Starting Price: Available on Request

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#18

Oversight is a fully featured Audit Management Software designed to serve SMEs, Enterprises. Oversight provides end-to-end solutions designed for Web App. This online Audit Management system offers Compliance Management, Check Fraud Monitoring, For Insurance Industry, Audit Trail, For Banking at one place. Learn more about Oversight

Starting Price: Available on Request

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#19

isorobot is a business management software that connects people, processes, technology, assets, and money to your company's objectives. Using our expertise to assist you in developing efficient, scalable systems for your company. Learn more about isorobot

Starting Price: $225 Per Month

#20

Fastpath Assure is a fully featured Audit Management Software designed to serve Startups, SMEs. Fastpath Assure provides end-to-end solutions designed for Web App. This online Audit Management system offers Sarbanes-Oxley Compliance, Risk Alerts, HIPAA Compliance, Controls Testing, ISO Compliance at one place. Learn more about Fastpath Assure

Starting Price: Available on Request

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 audit management software guide

Audit Management Software: A Buyer's Guide

Audits are an essential part of any business organization. They can be conducted in-house by a team of employees or outsourced to auditing agencies. Audits take up considerable time and effort. Organizations must ensure that all processes are streamlined, and paperwork is in order. This is why most organizations rely on audit software to simplify the entire procedure.

Audit management software is a highly popular tool in the current business scenario. It leads to the complete automation of most audit-related tasks and ensures smooth documentation. Internal audit software can keep financial figures in check and facilitates compliance with government regulations. It is a useful solution that can exponentially slash the time taken to conduct audits.

Audit software is designed to develop a comprehensive framework that manages large volumes of data and auditing processes. It is flexible enough to support any external, internal, supplier, IT, or quality organizational audit. A smart business platform and audit software can enhance systematic workflow and risk management and reduce man-made errors.

Why Need an Audit Management Software?

Organizations all across the globe have realized the immense potential of auditing management software. There has been a manifold increase in the adoption rates of auditing systems in organizations of various industries/ sectors. Audit software is a great tool that can help managers with seamless data flow, documentation management, and safety regulation compliance. Here are some compelling advantages of automated audit management systems:

need an audit management software

  1. Improved Performance

    Most audit tools are tailor-made to give users a holistic view of organizational processes and work. This allows managers to identify poor performances. They can locate under-utilized departments, low-performing teams, and even individual workers. Audit software facilitates managers to destroy any wasteful practices and eliminate time-consuming activities. It leads to improved performance, thus leading to higher business revenues.

  2. Saves Time

    Traditional auditing processes are lengthy and cumbersome. They involve a lot of manual calculations. Hence organizations usually had to spend energy and time managing tons of paperwork. There was also always a chance of high errors or inaccuracies. However, audit management software automates and mechanizes all such processes. Complex calculations can be completed in a fraction of the time just by clicking a button.

  3. Ease-of-Use

    One very good aspect of audit software is that they have a very simple learning curve. Often managers are skeptical about investing in audit management software as they feel it would be highly complicated for employees. Most modern software, though, is extremely user-friendly and presents data in a navigable readable form. This improves visibility and allows managers to make more strategic decisions that help achieve organizational goals in the long run.

  4. Eliminates Ambiguities in Reports

    Reports and paperwork are important to audit management. When all documents are hand-written, there are high chances of errors. Audit software gathers and attaches evidence to audits on-site, thereby eliminating any confusion and ambiguity. Reports are unaffected by bias as all processes follow stringent rules and procedures. It makes reports highly accurate and organized for better clarity.

What are the Key Features of Audit Management Software?

Audit software has a range of impressive and innovative features. They implement the latest technology to monitor and calibrate all functions across departments. Here are some essential features that are popular in most audit management systems:

features of audit management software

  1. Scheduling

    Audits have to be completed promptly. Otherwise, organizations may find themselves defaulting on government regulation. Hence, one of the most important features of audit software is scheduling. It should have the capability to design one-off and recurring audits. Managers should also be able to set alerts and reminders so that audits are never missed.

  2. Document Management

    Internal audit software helps handle vast amounts of documents in a structured manner. It can allow users to attach required documents in soft form as evidence for audit procedures. All critical data is stored in a central unified repository from which authorized personnel can easily access it.

  3. Corrective and Preventive Action(CAPA)

    Audit management platforms must ensure that organizations address their weak areas and proactively act against them. Corrective and preventive action features make it simple for managers to initiate corrective measures. This results in proper issue resolution and complete compliance in all fields.

  4. Flexible Reporting and Analytics

    Audit tools are perfect business assets, facilitating proper audit closure and helping managers prepare detailed reports. They allow staff members to closely analyze all key metrics and display them in a visually friendly and graphic manner. This boosts improvement initiatives in low-performing areas and increases the efficacy of strategic business decisions.

  5. Audit Preparation Tools

    Audit tools notify auditors well in advance about upcoming audits. It provides important information access to auditors, such as past audits, revealed financials, and historical reports. It can automatically develop a checklist with pre-established criteria. This will help auditors perform their job with enhanced quality and at a quicker pace.

    There are tons of radical new features in modern audit management software. Organizations need to assess their business requirement and check their budget before opting for the best one. Most software vendors provide customized options tailored to specific organizational requirements. Hence managers can choose particular features or modules that will benefit their business model.

What are the Key Considerations While Choosing Audit Management Software?

Regular audits are necessary to improve organizational performance and boost functional efficiency. Audit software is an automated system that can centralize, modify and implement risk and compliant processes. However, managers are often skeptical about adopting audit tools because they do not know enough about them.

key considerations while choosing audit management software

Organizations stay hooked on traditional auditing procedures because they do not know how to find the best audit software.  Before investing in a long-term audit system, knowing what your organization needs is important. Here are some important considerations to keep in mind while choosing the best audit management software in the market:

  1. Affordability

    Organizations must know their budget before venturing into the market to purchase audit software. Audit management platforms come in a wide price range, from free and open-source audit management software to costly solutions. Reliable and trustworthy service vendors generally customize audit software to sit within an organization’s financial resources to fit within the required range.

  2. Cloud-Access

    Cloud-based audit software is the current buzzword in the business arena. Organizations must decide whether they want an on-premise or cloud-based solution. Most companies opt for cloud-based audit management software as it provides high mobility as the system can be accessed at any geographical location.

  3. Customization

    Organizations need to choose a service provider that can personalize audit software. There is no one-size fits in auditing tools. Every organization has different requirements that must be catered to with care and precision. Hence, getting a customized audit management solution that will serve organizational needs is essential when deciding on an audit management platform.

  4. User-friendly Interface

    Audit tools must be intuitive and easy to understand so that even non-technical staff members can use them. Investing in user-friendly audit software is vital so that there is no difficulty in transitioning to the new technology.

    Organizations must scan the market, check all considerations, and make a final choice. Perfect audit management software can build up bottom-line results and help your organization achieve high profitability.

FAQs of Audit Management Software

Audit management software automates and simplifies the auditing procedure. It organizes, schedules, and streamlines audit procedures from planning, executing, and evaluating outcomes with associated reports and data.

Audit Management Software in following industries

Last Updated: April 24, 2023