Best Audit Software For Small Business
Audit software is a type of computer program that performs a wide range of audit management functions. Some of the most common functions are database sampling, and the generation of confirmation letters for clients and vendors. The main purpose of such software is to highlight exceptions of data and inform auditors of probable errors. Although the degree of difficulty or simplicity varies, audit software typically features a non-procedural computer language that allows the auditor to manage data without the need for complex programming.
Audit software is used to interrogate a client’s system. It can be either packaged, off-the-shelf software or it can be purpose written to work on a client’s system.
The main advantage of these programs is that they can be used to scrutinise large volumes of data, which it would be inefficient to do manually. The programs can then present the results so that they can be investigated further.
Best Audit Software For Small Business:
RESOLVER
Security, Risk & Compliance Software – Resolver. Resolver provides custom GRC and incident management software solutions for over 1000 large enterprise clients, who appreciate the ease of use of the tool.
COMPLIANCEBRIDGE
ComplianceBridge® : Policy and Risk Management Software. TotalCompliance® procedure and risk management software helps organizations improve efficiency, policy compliance, and risk evaluation | 800-317-2820.
KNOWLEDGE-VAULT
Office 365 Auditing, Alerting, Reporting & Management. Knowledge Vault platform enables detailed Auditing, Alerting, Reporting and Management for Microsoft Office 365, Azure AD, Exchange, o365, Box, DropBox, OneDrive, Salesforce.
MKINSIGHT
MKinsight Internal Audit Software. Internal Audit Software is now web enabled, fully integrated, totally configurable, and easy to use with the MKinsight Audit System.
SYMBIANT
Symbiant affordable software for Risk and Audit Management by symbiant.co.uk. Symbiant.co.uk are one of the World’s leading providers of Audit and Risk Management software and software for Internal Audit and audit action tracking and compliance software solutions. Symbiant software also covers Governance Risk and Controls, GRC, CSA Control Self Assessment, KRI, PKI and KI. Symbiant Risk Suite and Symbiant Tracker are the only solutions endorsed by the ICAEW. Try them FREE for 3 months.
EASEINC
Ease – LPA Software, Work instructions software. Ease, the leading software provider of process and production performance solutions, from electronic work instructions to LPA software.
AUDITDESKTOP
AuditDesktop – Audit management and documentation software. AuditDesktop is a total solution uniting all the necessary tools to automate the audit process. You will find here, in just one software product, the functionalities that you usually find in combining different software solutions.
ACL
GRC software for audit, finance, governance, risk and compliance – ACL. GRC software designed to solve the time suck of managing risk assurance activities.
AUDITAPPLICATIONS
Audit Confirmation | Accounts Receivable Confirmation | Audit Applications. Audit applications. The secure, online audit confirmation and accounts receivable and payable confirmation system.
BA-PRO
Business Assurance Professionals – Ba-PRO. Risks, Audits, Contracts, Knowledge, Business continuity, Legal – all aspect of your business in control. Easy to use, no software investment.
OMNEXSYSTEMS
Enterprise-wide Quality Integrated Management System, ISO 9001 Software, APQP Software – Omnexsystems.com. Omnex Systems LLC is headquartered in Ann Arbor, Michigan and provides leading edge software like enterprise quality management software, iso 9001 software, apqp software and services, advancing excellence in our client’s products and processes.
GARLANDHEART
Garland Heart – Security | Compliance | Consulting –Info Security | Regulatory Compliance | Strategic Consulting | Garland Heart. We are a consultancy that focus on compliance and information security. We specialize in technology audits, risk assessments, and compliance management.
PROCESSMAP
ProcessMAP Enterprise EHS Software. ProcessMAP is a leading provider of cloud-based software solutions that empowers organizations to manage Environment, Health, Safety & Sustainability.
PRIMATECH
Primatech. Primatech specializes in Safety, Security and Risk Management for the process industries. We offer consulting, training, webinars, and software to assist clients reduce risk.
BARNOWL
Risk Management | Audit Software | Compliance Software | BarnOwl Software. BarnOwl is a fully integrated Governance Risk and Compliance software solutions provider to African and international markets.
BWISE
BWise – Governance, Risk and Compliance Management. Nasdaq BWise is the global leader in Governance, Risk and Compliance (GRC) Management software.
CMO-SOFTWARE
CMO Software | HSE and GRC software for Mobile & Web. CMO HSE & Compliance Software Solutions for Global Leaders| SaaS, iOS, Android & Web.
SCOTTANDSCOTTLLP
Scott and Scott, LLP. At Scott & Scott, LLP our legal and technology professionals strive to deliver superior service with the highest level of integrity and honesty. Our firm is founded on the premise that collaboration between legal and technology professionals is necessary to solve complex business problems. By combining these resources in one firm, we strive to serve our clients’ needs better than law firms or technology services firms working independently.
COMPLIANCE-MASTER
Compliance Management System – Compliance Solutions. Taking the guess work out of risk monitoring – Try the new software that takes the guess work out of risk monitoring.
COMPLIANCEEASE
ComplianceEase – Mortgage Compliance, HMDA Reporting, and 4506-T Income Verification Solutions. Mortgage compliance and risk-management software platform that audits against HOEPA, Truth-in-Lending, high-cost loan laws and consumer credit regulations; prevents 2010 RESPA violations; ensures HMDA compliance; and facilitates quick and easy 4506-T income verifications.
COMPLYGLOBAL
Compliance Software For Proactive Compliance Management | ComplyGlobal. ComplyGlobal is a cloud-based global compliance management software to manage your risks proactively. Contact us to streamline your compliance management.
LYQUIDITY
ComplyXL Enterprise Frontpage. ComplyXL for enterprise spreadsheet management and control. Spreadsheet version recording and compliance control of Excel workbooks, with audit trails, workbook management, and continuous discovery and monitoring. SharePoint.
COVALENTSOFTWARE
Performance & Risk Management Software | Covalent Software. Covalent’s Performance Management and Risk Management Software help organisations proactively manage their performance, governance and risk with a dynamic integrated cloud solution.
DAKOTASOFT
Dakota Software | EHS Compliance and Risk Management Solutions. Dakota Software is a leading provider of regulatory compliance solutions and offers comprehensive EHS auditing, incident management and corrective action software to Fortune 500 and other top industrial companies.
INTACT-SYSTEMS
Intact GmbH. Compliance & integrity management solutions from Intact | Software for ➤ audit management & certification ➤ traceability ➤ quality management.
GLOBALRELAY
Messaging & Archiving Solutions for Compliance | Global Relay. Global Relay is the market leader in compliance messaging, archiving and message management.
GRCENVELOP
GRC Envelop – Audit Management System. A workflow and document management system for risk and audit.
OVERSIGHTSYSTEMS
Oversight Insights On Demand™ is a web-based software solution that automates spending program compliance by comprehensively analyzing expense report, purchase card, and accounts payable transactions to identify fraud, non-compliant purchases, and inefficient and wasteful spending. By identifying trends and patterns of behavior Oversight allows you to focus on the employees and vendors driving the majority of inappropriate activity; making it easier to improve spend program compliance.
ISOLOCITY
Isolocity is a paperless, cloud-based quality management software that strives to eliminate the labour involved in quality compliance.
LOGICMANAGER
ERM Software | Enterprise Risk Management & GRC Solutions. Manage Tomorrow’s Surprises Today with LogicManager’s Flexible ERM Software. Make Smarter Decisions through Risk Intelligence & Integrating GRC Activities.
METRICSTREAM
Governance, Risk and Compliance (GRC), Quality Management Software Solutions – MetricStream. MetricStream provides Governance, Risk and Compliance (GRC) software solutions that allow companies across various industries to streamline and automate their enterprise-wide GRC programs.
ELMSTONESYSTEMS
Elmstone – Health and Safety, Risk Assessment and VLE LMS software applications. Cost effective web based service to take care of all your Health & Safety and Risk Assessment needs.Supporting VLE for training needs.
CEBOS
CEBOS Quality Management Software.
MYWORKPAPERS
Technology for Collaboration & Compliance | MyWorkpapers. MyWorkpapers produces innovative cloud software to help auditors, bookkeepers, accountants and businesses save time and make more money.
NETWRIX
Netwrix: Change Auditing of IT Infrastructure. Netwrix focuses exclusively on change auditing, #1 rising security technology, and offers the most simple, efficient and affordable solution.
NOWWECOMPLY
Workforce Compliance | Now We Comply.
RENAISSANCE-IT
SRIT:Healthcare Management System, Interconnect Billing Software, ERP Software Application Providers in India and worldwide. We provides software solutions to Telecommunications, Government, Healthcare, and Professional Service organizations.Our solutions include End-to-End Enterprise Implementation, Application Management and Beyond-ERP initiatives.
POWERADMIN
Server Monitoring Software | Monitor Storage – Power Admin. Looking for a reliable server or storage monitoring service? Power Admin’s server monitor software can help improve your business. Sign up today.
THOMSONREUTERS
Thomson Reuters. The intelligence, technology and human expertise you need to find trusted answers. Thomson Reuters is The Answer Company.
PLANBROTHERS
Prevent the unpredictable — Plan Brothers. Intelligent mobile tools for pen and paper dominated compliance industry.
PROCESSGENE
GRC Software | BPM Software | SaaS | ProcessGene. Control your business with ProcessGene’s GRC software. Process-driven GRC and BPM software for multi-subsidiary enterprises.
QUANTIVATE
Governance, Risk and Compliance (GRC) Software | Quantivate. Quantivate’s Governance, Risk, and Compliance (GRC) software solution enables you to effectively manage your risks, compliance, and governance initiatives.
SEERENE
Providing our clients new insights & analytics into software, code & teams, they can actively drive IT change, balance productivity & innovation. Learn More.
PROATRIA
Secure file transfer for all your business needs | Secure file transfer for your business. SFTPPlus provides server and client cross platform solutions for secure file transfer using SFTP/FTPS/HTTPS protocols. Enterprise secure data transfer with additional audit and automation for regulatory & corporate compliance across multi platforms including Windows, Linux and UNIX.
SOLINKCORP
Security and Loss Prevention software for franchise businesses. All-in-one security system for a low monthly fee. Our loss prevention software is designed for multi unit and franchise business owners.
TEAMMATESOLUTIONS
Wolters Kluwer Financial Services – Compliance and Risk Management Solutions and Services. Wolters Kluwer Financial Services offers financial organizations the best-in-class compliance, content, and technology solutions and services to manage risk and improve efficiency.
TRUPOINTPARTNERS
Fair Lending, HMDA & CRA Compliance l TRUPOINT Partners. TRUPOINT’s regulatory compliance solutions & services for Fair Lending, HMDA, CRA include risk assessments, data analysis, training, consulting.
LAUBRASS
We provide consulting services and develop custom mobile software solutions to give our clients a competitive advantage. UMT Products are being used worldwide to perform better time studies, create work standards, improve audit processes, manage sanitation inspections, maintain healthcare compliance and generally improve productivity.
VIZION4
Vizion4 AUDITTM software is an easy to use 70 question self-assessment tool based on the “shall statements” of the ISO 55001 standard. You can log on using any web enabled device and complete an assessment that is rated on a six level scale; from non existent, to satisfactory to excellent.
WIZSOFT
WizSoft | Sophisticated Software Application. WizSoft develops data-mining tools for analyzing the data, issuing predictions, revealing interesting cases, and revealing errors and frauds.
What Does Audit Software Do?
Nowadays, it is important for companies to achieve the best efficiency possible to meet the growing needs of the global environment. For this reason, they are now using a variety of computer programs to streamline their business operations and the audit software is one of them. Basically, what you need to understand about the audit software is the fact that it assists people in examining and testing the customer’s accounting history. But you should also note that there are different kinds of audit software and each one of these can accomplish a variety of objectives.
For example, there are some audit software packages that samples data and then confirms letter generation to customers and suppliers. Meanwhile, some can gather evidences as well as conduct analytical tests for the company. Documentation is definitely very easy with the audit software and you can even schedule the audit conveniently by using this software. You also do not need to worry about preparing and printing important documents.
This is a great progress from before because in the past, these programs were actually very difficult to operate and it was very costly for the average business as well. Today though, almost any kind of business can take advantage of it and there are many benefits that firms will surely receive from using the audit software. You will be able to manipulate large amounts of information without bogging down the server. There is certainly no reason why you should not use this software to suit your business requirements. You should also note that most companies nowadays also use these kinds of software to implement various functions in their finance and audit requirements.
As you can see, there are definitely a lot of functions that this particular software can do for your business. You will be able to streamline operations and routine tasks will by eliminated by simply running this particular software. As a result, resources and manpower will be devoted where it is needed most. The decision-making process as well as the operations of the company will be inevitably improved because of this.
Before companies can fully take advantage of the audit software though, the people within the company should first be able to get out of their comfort zone. This is particularly true in the case of auditors and accountants because they will be the ones who will be most affected in case the companies does decide to use auditing programs aside from the ones being currently used. But overall, everyone should realize that the auditing software is there to make their lives much easier. They will no longer need to analyze each and every data manually because the software will do it for them automatically and within just a short period of time.
With the fast paced environment of today, it is easy to see why most companies are embracing new technologies. It is important for you to be open to these changes as well so that you will be able to compete head on with companies that use advanced technologies such as the audit software.
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