The 10 Best Internal Audit Software of 2022

Emma AndersonAugust 1, 2022
Get detailed information about Internal audit software to know which works best for you!
Internal audit software is a software application that is used to audit and review the performance of an organization’s systems and processes. This software can help ensure that the organization is operating effectively and complying with all applicable regulations. Internal audit software can be installed on a computer or mobile device, so it can be accessed anywhere

The Quick Guide to Select App

The key to getting the most out of the tool is to choose the finest program for your needs. If you’ve never used digital before or are unhappy with your existing application, this article will help you make the best choice when the time comes

Evaluate Your Current Needs

To get the most out of  internal audit software, it is important to first determine how and to what extent you intend to use it. This type of introspection is the first step toward maximizing advantages from software that suits your company’s day-to-day operating demands

Consider Ease of Use

There are numerous reasons to avoid bloated software with unnecessary functionality. The team members in your workplace most likely already have a lot of work on their plates and a lot of skills they’d like to master in order to do a better job. Learning how to learn a very complicated system is probably not high on the priority list

User Interface

A basic software solution that solves your specific objectives is likely to be quicker to implement, but the user interface is also crucial. Even apparently trivial issues, such as the quality of the design and the intuitiveness of the user interface, will have an impact on how satisfied your team is with the platform you select

Organization Scalability and Customization

You should consider how your use of the platform will evolve over time. Your needs now may not be the same as your needs six months or a year from now. Thinking forward can help you discover software that can adapt with you and continue to fulfill your demands no matter what occurs in the future

Besides, an independent report suggests companies also require highly customizable software as they have their own unique processes. Companies fail in bringing a digital platform due to this issue and ultimately lose money and time.

By considering this crucial challenge, you should always look for a software that provides high customization capability in order to fit the software into your business processes.

Demo and Explore

If at all feasible, demo or try as many of your potential software choices as possible. This will not only offer you a hands-on, real-time understanding and feel for the platform, but it will also give you an idea of what to expect if you choose that particular facility management software system

Choose A Vendor With No-code Architecture

When it comes to software development, it’s important to choose a vendor with customization capabilities and no-code architecture. This way, you can have complete control over your project and make sure that your software is exactly the way you want it. Plus, no-code architectures are more efficient and easier to use, which means that you’ll save time and money in the long run

Expert Advice

Vinay Kardile

The List of Top 10 Internal Audit software in 2022

1. Axonator Internal Audit Software

Axonator internal audit Software is an enterprise-grade, no-code solution for the manufacturing industry. It is the only software built from the ground up with a mobile-first approach to automate field-based workflows like inspection, maintenance, data collection, asset management, facilities management, work order management, safety & audits management, checklist management, and so on.

Why Axonator?

Axonator offers a number of simple and ready-to-use enterprise-grade apps for field workflows like inspections, audits, safety, asset management software, and work order management software that can be used by organizations to replace paper, spreadsheet & cumbersome desktop-based manual processes with mobile & tablet apps.

Get an Enterprise-grade Workplace Safety Apps

Based on Forrester’s study, iAuditor software will help companies with 250 employees and 13 auditors save over half a million dollars within the next three years from operational and safety enhancements. This software is not just for conducting audits, but also for a variety of use cases – so whether you are using it as an internal auditor or using it across your business in other capacities

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Using SAP’s audit software, you can record evidence, create electronic working papers, and get improved audit resolution reports by simplifying the process. Now with SAP internal audit software, you can work more efficiently with your auditing processes

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TeamMate’s internal audit software facilitates issue remediation and reporting on performance. TeamMate’s digital platform centralizes data, distribution of resources, and expense information in one place

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Ideagen Internal Audit Software, also called Pentana Audit, makes audits more reliable by removing paperwork and extra admin tasks. Ideagen is efficient at deciphering risk on your part and implementing flexible methods to keep your business on track

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The AI within MetricStream software helps create a more efficient auditing process. Collaborate with other auditors within MetricStream, whether you decide to share your work with one or many other groups or not

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With the power of AuditBoard’s internal software, you can create an exhaustive audit program while still maintaining optimal efficiency. The software helps you prepare for tomorrow’s business challenges

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Use Workiva software to streamline routine processes, deconstruct complex information, and identify valuable insights. With Workiva’s structured data and machine learning, these tasks are simple to maintain

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With AuditBond’s simple reporting and real-time dashboard, you can keep your top management informed with data and actionable insights. You will know how much to spend when to audit, and where to look for the possible financial risk with their software

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Onspring allows companies to track the time they spend on prioritized audits and examine their in-progress findings. They have internal audit software that eliminates micromanagement

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The Best Internal Audit Software in 2022

All of the above internal audit software is made to do one thing; help companies achieve the utmost perfection with their day-to-day operations  And all of them succeed at that part

However, each of them has a perfect side and an improving side that caters to different kinds of organizations and managers.

Most ready software available in the market currently doesn’t fit your processes precisely. They cost thousands of dollars to achieve automation and still don’t give the intended result

And, what’s where Axonator comes into the picture. The platform’s no-code architecture enables customizable, enterprise-grade solution development that is precise to your processes, along with giving control over time and cost.

Axonator is the only platform available in the world that is built for any kind of industry, process, or organization

Connect with us to get a free demo to see how it stacks up against all of these vendors in terms of simplicity and ease of use

Best Internal Audit Software 2022

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