Critical Capabilities & Considerations for Evaluation of Audit Management & Analytic Platforms
What are audit solutions? How are they changing? What should organizations be aware of as they look for solutions today that will also be viable for tomorrow?
The range of solutions for audit management solutions available in the market has grown and evolved over the past ten years. While some focus specifically on traditional audits, such as IT or internal control over financial reporting, more are branching out to cover a range of operational audits (e.g., third party, quality, environmental, health and safety, branch audits). Where there used to be just a few solutions to choose from there are now dozens with varying capabilities and approaches. Some are dedicated audit management platforms, others are audit modules as part of broader GRC platforms. Audit analytic and continuous control monitoring solutions have also expanded and at times are made part of audit management platforms. It has become a complex segment of the GRC market to navigate, understand, and find the solution(s) that is the perfect fit for your organization.
In this Research Briefing GRC 20/20 provides a framework for organizations evaluating or considering audit solutions.
- Defining & Understanding Audit Management Solutions
Definition, Drivers, Trends & Best Practices
- Critical Capabilities of an Audit Management Management Solutions
What Differentiates Basic, Common, & Advanced Solutions
- Considerations in Selection of Audit Management Solutions
Decision Framework & Considerations to Keep in Mind
- Building a Business Case for Audit Management Solutions
Trajectory of Value in Effectiveness, Efficiency & Agility
Who Should Attend
This Research Briefing is aimed to assist . . .
- Internal & external auditors and executives, GRC professionals
- GRC solution providers offering audit solutions
- GRC professional service firms advising organizations on audit management & analytics
- GRC content & intelligence providers that provide audit content and templates
Michael Rasmussen – The GRC Pundit @ GRC 20/20 Research, Michael Rasmussen is an internationally recognized pundit on governance, risk management, and compliance (GRC) – with specific expertise on the topics of GRC strategy, process, information, and technology architectures and solutions. With 23+ years of experience, Michael helps organizations improve GRC processes, design and implement GRC architectures, and select solutions that are effective, efficient, and agile. He is a sought-after keynote speaker, author, and advisor and is noted as the “Father of GRC” — being the first to define and model the GRC market in February 2002 while at Forrester Research, Inc.