Improve Your Audit Processes with Real-Time Insights

Future-Proof Your Internal Audit Functions with PaperWork BPM

The PaperWork BPM platform provides real-time insights into ongoing audits, risk ratings and identified issues. It increases accuracy and accountability by unifying scattered processes across teams. It improves performance by increasing visibility into audit planning, coverage and risks. Get a complete audit history across business units, entities and regions.

The Importance of Internal Audit Functions

Constantly changing legal requirements, customer demands, rapid technological innovation and the threat of new, agile competitors are shaking every industry. In this environment, internal audit functions are more important than ever. They help organizations assess performance, identify areas for improvement and ensure information security and regulatory compliance. Usually carried out within an annual cycle of assessment, planning and execution, these activities can be a heavy burden given the people, processes and data involved.

Streamline Audit Lifecycle Activities

The areas audit teams focus on include:

• Third-Party Risk Management
• IT and Data Management
• Data Protection and Privacy
• Enterprise Risk Management and Controls
• Supply Chain and Operational Resilience
• Information Security and Cybersecurity
• Corporate Financial Management
• Corporate Responsibility

Manage Audit Processes with PaperWork BPM

The PaperWork BPM platform gives organizations the audit capabilities they need to plan audit projects, monitor progress and quickly close control gaps. Future-proof your internal audit functions by adapting quickly as business requirements and audit hot spots change.

Strengthen Internal Audit Functions

• Real-Time Insights: Increase stakeholders' visibility and ability to act by providing real-time insights into ongoing audits across functions and auditable entities.
• Central Structure: Build a central document management system for documents related to risks, objectives and performance.
• Comprehensive Audit View: Get a comprehensive view for easy planning and execution of audit projects and issue remediation.
• Unified Systems and Workflow: Improve audit oversight by bringing people, processes and data together.

Prepare for the Future with PaperWork BPM

The easy-to-use PaperWork BPM internal audit application helps organizations:

• Improve the User Experience: Improve the experience with a user-friendly interface.
• Close the Gaps Between Manual Processes: Bring previously scattered manual processes into the digital environment.
• Simplify Reporting: Simplify reporting by increasing the auditability of data, processes, decisions and outcomes.
• Gain Better Insights: Gain better insights with the speed and accuracy of intelligent automation.

Why Organizations Trust PaperWork BPM

Leading organizations trust PaperWork BPM’s capabilities:

• Audit Lifecycle Management: PaperWork BPM manages the internal audit lifecycle across all stages, including assessments, planning and executing audit activities. This includes identifying and resolving issues and better defining the steps for risk areas.
• Rapidly Build and Scale Risk and Compliance Initiatives: Rapidly build and scale risk and compliance initiatives in areas such as Consumer Data Privacy Management, Enterprise Risk Management, Incident Management, Information Security Compliance, Audit Management, Legal Matter Management, Regulatory Compliance Management, Third-Party Risk Management and Workforce Safety.
• Audit Process Management: PaperWork BPM makes it easy to streamline many steps in audit processes and automate the workflow.
• Pressure to Innovate: At a time of increasing pressure to innovate, get off to the right start with PaperWork BPM, prove value quickly and build on your success. Our low-code automation platform accelerates application development while making use of your existing IT investments. With PaperWork BPM, organizations can build web and mobile applications faster.
• Internal Audit Execution: With the application, you can manage the entire process for hundreds of audits a year, from planning through launch to completion.

Improve your audit processes, comply with legal requirements and gain a competitive advantage with PaperWork BPM.

Sources

https://dergipark.org.tr/tr/pub/mbdd/article/620837
https://dergipark.org.tr/tr/pub/denetisim/article/739410
https://dergipark.org.tr/tr/download/article-file/476624