BWise® Internal Audit Software solution
Globally leading effective and easy to use software for Internal Audit processes
Support for the End-to-End Internal Audit Process
Audit teams select the BWise Internal Audit software solution because of its rich and complete functionality, user friendliness, and powerful reporting capabilities. It supports each step in the audit cycle, from maintenance of the audit universe, to planning, preparation, workpaper management, reporting, and finding and issue tracking. Audits can become even more powerful by coupling it with BWise’s audit analytics solution, which enables users to create, edit, and execute unique formularies to analyze business and operational data.
BENEFITS OF THE BWISE INTERNAL AUDIT SOFTWARE SOLUTION
- Develop, perform, and maintain risk assessments to determine the audit universe, audit coverage, report on progress, and risk status
- Planning and staffing, including audit planning and scheduling, time registration and management sign-off for better budgeting, cost allocation, and tracking of progress and status
- Automatically create multi-year audit plans, based on audit ratings, risk rating, and/or cyclical audit frequency
- Govern annual audit plans at a managerial level
- Create and manage online or offline audit work papers with strong workflow capabilities
- Grant access to audits (e.g., to regulators, the business, other stakeholders) by managing configuration requirements at a granular level
- Configurable reporting on audit results, including findings and management recommendations
- Configurable workflows to review and monitor findings and recommendations
- Optional Audit Analytics add-on that assists in reducing data collection efforts and enables both pre-defined and ad hoc analysis
- BWise Internal Audit can be implemented based on customer requirements or on the BWise best practices: Rapid Deployment Solutions. This allows organizations to utilize a framework based on leading practice to deploy the solution in weeks, not months.
Brochure - BWise® Internal Audit: Internal Audit in Control with State-of-the-Art Governance, Risk Management, and Compliance Software
Case Study – Southern Company optimized its Internal Control process to achieve streamlined SOX compliance.
Case Study – Alghanim enhanced its audit work paper management, workflows and processes and achieved better visibility and oversight using BWise.