There are many audit software solutions on the market. The challenge is how to choose the best one of them? Which features are crucial for your auditors and your business?
The audit of the future will be digital. This will be forced by the consequences that the coronavirus epidemic for businesses. Companies are undergoing major changes, someone has to effectively monitor the situation, assess risks and ensure regulations compliance.
How to design processes in companies to make sure that these risks will be mitigated not only on the organizations’ level, but in relation to subcontractors/vendors as well? The short answer is: risk profiling.