Buyer’s guide
Internal audit software
Audit universe, plan, fieldwork, findings and follow-up without the spreadsheets.
The problem it solves
Audit plans live in Excel, working papers in folders and findings in email. Following up management actions takes more time than the audit itself.
Usually bought by
- ✓Chief audit executives
- ✓Internal audit teams
- ✓Quality and IMS auditors
Get help choosing internal audit software
Requirements, shortlist, scripted demos or rollout. We’ll get back to you about the next step.
Capabilities to look for
- ✓Audit universe and auditable entities
- ✓Risk-based annual audit plan
- ✓Fieldwork, testing and working papers
- ✓Findings, ratings, draft reports and review
- ✓Root cause analysis
- ✓Auditee access to respond to findings
- ✓Corrective and preventive actions tracked to closure
- ✓Audit committee reporting
Questions to ask vendors
- 01Can auditees respond to findings without a full licence?
- 02Does it handle both risk-based internal audits and ISO management system audits?
- 03How is the audit universe linked to the risk register?
Frameworks it should support
The process it should support
If the software can’t run this cycle, keep looking
- 01
Define the audit universe
- 02
Approve the annual plan
- 03
Fieldwork and testing
- 04
Findings and root cause
- 05
Report and management response
- 06
Follow-up to closure
Should connect with
Questions
Is internal audit software only for large audit teams?+
No. Smaller teams often gain the most, because follow-up of management actions is where most of their time goes.
Other software guides
GRC software
Software that brings policies, obligations, risks, controls and evidence into one place.
Enterprise risk management software
A living risk and opportunity register linked to owners, treatments and key risk indicators.
Cybersecurity compliance software
Cyber risk, assessments and control evidence against ISO 27001 and Saudi and UAE frameworks.
Quality management software
Processes, objectives, nonconformities, corrective actions and training for ISO 9001 and integrated systems.
Next step
Not sure which area to start with?
The GRC maturity check shows where your programme is weakest. That’s usually where software helps first.