The SAP audit management software automates internal auditing procedures and improves quality in an organization.

It streamlines internal auditing with mobile capabilities to simplify activities. These activities include documentation of evidence, organization of electronic working papers, and creation of audit reports.

The SAP audit management software has some incredible features, they include:

• On-premises or cloud deployment.
• Mobile qualities and drag-and-drop tools.
• Optimization of staff utilization and resource planning.
• Integration with SAP Risk Management and SAP Process Control.

With these incredible features come various benefits.

Key benefits

1. Adopt a more strategic, advisory role for audit management. Choose high-value issues for further investigation, and gain more precise insights with real-time audit analytics.

2. Assess risks with speed and ease. Empower internal auditors to perform timely risk assessments and collaborate in an integrated fashion.

3. Automate and accelerate the audit management process. Reduce the cost of your internal audit procedures while shrinking the cycle time needed to generate reporting.

The SAP audit management software has incredible features, benefits and, capabilities. Many organizations covet this business tool because of these advantages.

Key capabilities

1. Simplify audit management, planning, and performance. You can adopt a simplified approach to creating, tracking, and managing audit issues by capturing documentation instantly with mobile devices and drag-and-drop tools.

2. Speed up communication and monitoring of audit results. You can speed up audit issues by reducing repeat findings and visualizing results while standardizing reports with pre-established templates and automated issue tracking. Engage more effectively with both internal and external auditing teams using user-friendly collaboration tools.

3. Automate internal audit procedures, improve reporting time, and help to cut overall costs. The creation, tracking, and management of audit issues with global monitoring and follow-up thus, ensuring better results.

4. Engage auditors with user-friendly interfaces and collaboration tools.
• Integrate with SAP Risk Management and SAP Process Control.
• Optimize staff utilization and cut travel costs with better audit planning, resource management, and scheduling.

5. Track and deliver audit results consistently.
• Improve the quality of audit issue reporting with collaboration and online management review.
• Generate audit results at the enterprise level with an intuitive user interface.
• Add value to results with thematic reporting enabled by SAP Lumira software.

6. Maximize staff utilization and reduce costs by improving audit planning, resource management and, scheduling.

7. Help an organization's internal teams perform timely risk assessments and collaborate with peers more effectively, leading to improved processes.

Conclusion

It is not only the ease of audit that makes the audit management software incredible, but also the reduced costs saved by the organization. With all these, it is clear that this software is a needed tool for any organization.

https://irslconsulting.com/sap-audit-management-software-every-organisation-needs/

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