Bring Order to the Chaos of Audit Management
LockPath’s Keylight® platform enhances an organization’s Audit Management: it’s ability to manage the complete audit cycle – from risk assessment to remediation.
Companies and organizations are subjected to multiple types of audit and compliance, from internal governance to regulatory requirements to industry standards. Within each, the organization must identify auditable entities, conduct numerous audit activities and communicate findings. Managing risk has become a complex matrix that organizations can no longer rely on spreadsheets, email, or basic collaboration software to perform.
This reality has created the demand for an automated solution that organizes and centralizes every step of the audit process: risk assessment, planning, fieldwork and testing, time and expense management, issue tracking, workpaper management, reporting and remediation.
Not all solutions are created equal. Auditors will tell you that an effective solution should provide functionality to address:
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