Internal audit software for mid-sized organisations
A mid-sized internal audit function is typically three to fifteen people who run the whole cycle themselves: the risk assessment, the annual plan, the fieldwork, the reports and the follow-up on issues. Software for that team has to cover the whole cycle without needing an administrator to look after it, because there isn't one. AuditEase Pro covers the cycle in one system, with roles for the audit team, business owners, quality assurance and the audit committee.
What the whole cycle means here
One system, covering the work from risk to closed issue:
- Audit universe: the entities you audit, with questionnaires and risk scoring, and a heatmap of where to look first.
- Annual plan: which audits happen, when, and who is on them.
- Fieldwork: work papers, evidence and observations, with review.
- Reports: draft and final PDF reports under your own name.
- Issues: observations become issues with management action plans, owners and due dates, and the overdue ones are visible.
- Quality assurance: a reviewer role that checks audits and observations.
The four roles, and why they matter to a small team
A small function cannot afford to be the system's help desk. So each group sees only its own work: auditors see fieldwork, business owners see the questionnaires and action plans that belong to them, quality assurance sees reviews, and the head of audit sees everything, including the issue analytics.
That is also what makes the follow-up work. Chasing action plans by email is the part of the cycle that quietly consumes a small team; here the owner sees their own overdue items when they log in.
What to move first
Do not migrate five years of history. The first thing to move is the issue register, because it is the part of the cycle where a spreadsheet costs you most: it is shared with people outside the audit team, it goes stale, and nobody can tell which version is current.
Move the audit universe and the risk assessment next, in time for the annual plan, and start doing fieldwork in the system with the first audit of the new plan. Old audits can stay where they are.
What it takes to get started
A deployment of your own, your brand, your entity list, your questionnaires and your report template. The work is mostly in agreeing those last three, which is your methodology written down. If your methodology is already in a manual, the fitting work is short.
Before any of that, the live demo is open with a fictional organisation in it, so your team can see the cycle end to end without a sales conversation first. When you want to try it with your own entities, a 15-day free trial gives you an empty workspace of your own, with no card.
Common questions
- How small is too small?
- A one-person audit function usually gets more out of the issue tracking and the reports than out of the full risk-assessment machinery, and it is worth saying that on the call rather than selling the whole thing.
- Do auditees need training?
- They see a small part of the system: their questionnaires, the observations raised against their area and their action plans. In practice that is a short walkthrough, not training.
- Can we keep using our existing report format?
- Yes. The report templates are adapted to your format as part of the deployment.
- How long does it take to get our own deployment?
- The software itself is deployed quickly, since it is one image and a database. The time goes into fitting the questionnaires, risk weights and report templates to your methodology, which is scoped on the call.
See it working
The live demo is open, with a login for each role and a fictional organisation in it. No sign-up.