Best Audit Management Software

Best Audit management software options are AuditBoard, MeazureUp, Qualityze Suite, and TeamMate+ Audit. These audit management systems automate and streamline the entire audit process with regulations or internal policies.

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List of 20 Best Audit Management Software

Showing 1 - 20 of 104 products
#1

ADAudit Plus is a fully featured Audit Management Software designed to serve Agencies, SMEs. ADAudit Plus provides end-to-end solutions designed for Windows. This online Audit Management system offers Controls Testing, File Integrity Monitoring, Dashboard, Sensitive Data Identification, Compliance Management at one place. Read ManageEngine ADAudit Plus Reviews

Starting Price: Starting Price: $595 Domain controllers

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Recent Review

"Best Software for auditing and reporting on Active Directory (AD) and file server activities" - Pawan pandey

#2

ManageEngine AD360 is an integrated identity and access management (IAM) solution that supports organizations  in managing and securing user identities, facilitating identity governance, and ensuring compliance. Learn more about ManageEngine AD360

Starting Price: Starting Price: $595 Domain Objects

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Category Champions | 2023

#3

TallyPrime is one of the leading business management solutions in the world, known for its accounting, stock control, reporting and payroll features. With TallyPrime, you don’t need to pay extra for additional features, which makes it affordable for small and medium businesses. It is used by 2 million businesses worldwide. Read TallyPrime Reviews

Starting Price: Available on Request

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Recent Review

"Very best softare in my view but some measure have to be taken in order make it perfect ." - Arpit mishra

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Category Champions | 2023

#4

Spectrum ( A Completed Tax Compliance Software 360? Solution ) is a combination of Income Tax Auditor Edition, e-TDS, Document Manager, Project Report / CMA, Form Manager and e-AIR Read KDK Spectrum Reviews

Starting Price: Available on Request

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Category Champions | 2023

#5

EasyOffice is India's Best Taxation Software to file your Income Tax Returns, TDS returns and Audit Reports easily. EasyOffice Software meet all sorts of Taxation compliance. Trusted by Thousands of Chartered Accountants , Tax professionals & Corporate users. Read EASYOFFICE Reviews

Starting Price: Starting Price: $34.72 Per Year

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"Easy as it's name" - Kashmira Thakkar

High Performer | 2023

#6

Spectrum is a combination of Zen Income Tax Auditor Edition, Zen e- TDS, Zen Service Tax, Zen Document Manager, Zen Project Report / CMA, Zen Form Manager & Zen e- AIR. Read Spectrum Gold Reviews

Starting Price: Starting Price: $212.5 Per Month

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Recent Review

"Simple and easy user friendly Software" - Manvendra Singh Bhati

#7

Complinity is India’s Leading Compliance Software helping several companies manage their Compliance, Contracts, Registrations, Litigation, Assessments, Legal Updates, Audit, Internal Controls, Insurance, Documents, Secretarial, Tasks and much more. Read Complinity Reviews

Starting Price: Starting Price: $208.33 For 5 Users

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"Value for money " - Sameet Gambhir

Contenders | 2023

#8

India's premier online software for Account confirmation and reconciliation. Our solutions help companies in automating the current process hence improving their operational efficiencies. Read Firmway Reviews

Starting Price: Available on Request

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Recent Review

"Helpful Software in ensuring compliance with SA 505" - Varnika G Vaish

Emergents | 2023

#9

IDOS- Complete Accounting & Financial management solution that comes with automatic compliance management. It helps business managers to take strategic decisions quickly by offering all kind of business reports & dashboards. And for all this, You do not require accounting knowledge. Read IDOS Reviews

Starting Price: Available on Request

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Recent Review

"Very constructive and nifty software for handling accounts" - Ramesh Lathiya

Emergents | 2023

#10

Create your own data capture kiosk app for iPads or Android tablets without the need for an internet connection. Read QuickTapSurvey Reviews

Starting Price: Starting Price: $19 User/ Month

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Recent Review

"Very easy, affordable and quick solution for huge amount of data." - Anand Khurana

Category Champions | 2023

#11

AppsTec is a flexible content management, which makes managing your documents easier. Right from capturing data to indexing and retrieving documents, it offers end-to-end document management solutions. Moreover, it helps reduce physical storage space while helping you save on costs and leveraging benefits. Read AppsTec DMS Reviews

Starting Price: Available on Request

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Recent Review

"DMS Review" - Mohd Anas Siddiqui

High Performer | 2023

#12

SAG Auditor software is designed to reduce your work pressure at various levels of tax auditing. It is proficient in maintaining client’s yearly accounting details. Read SAG GenAuditor Reviews

Starting Price: Available on Request

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Recent Review

"User friendly and money saver" - Pavan Ag

Emergents | 2023

#13

Predict360 is the ABA endorsed next generation Risk and Compliance Management solution for financial services industry, with ABA Risk library a collection of 800 risks+. It is a cloud-based SaaS platform powered by A.I. Read Predict360 Reviews

Starting Price: Available on Request

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Recent Review

"360factors’ Predict360 is a Powerful GRC Tool" - Robin Jones

Category Champions | 2023

#14

ValGenesis is fully configurable giving you the most flexibility in terms of tailoring the application to meet your corporate needs specifically. The system administrator at your site is capable of carrying out required changes to mirror your current process flow without any special programming skills required. Read Valgenesis Reviews

Starting Price: Available on Request

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Recent Review

"Innovative product and onestop for validation" - girish ramanujam

Emergents | 2023

#15

V-Comply is a Governance, Risk and Compliance Management platform on the cloud that allows you to manage and track your business compliances effortlessly on the go. Read V-Comply Reviews

Starting Price: Available on Request

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Recent Review

"Great application for compliance " - Bratati Dutta

High Performer | 2023

#16

AuditMe is a powerful yet simple localization quality audit system custom developed for localization businesses to manage the LQA process efficiently. AuditMe automates and centralizes the end-to-end LQA process, provides a customizable scoring engine to track errors at a granular level, offers easy handling of rebuttals online. Read AuditMe Reviews

Starting Price: Available on Request

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Recent Review

"Auto Audit" - AK Brothers

Contenders | 2023

#17

Enterprise, flexible EHS Software on Microsoft SharePoint and Office 365, providing seamless integration with all your Microsoft applications. Configure your system, and analyze your EHS data with powerful Business Intelligence dashboards and ad-hoc reports. Read HSEQ Innovate Reviews

Starting Price: Available on Request

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Recent Review

"A new age solution for managing environmental, health, safety & quality management solutions" - Takshil Khan Pathan

Emergents | 2023

#18

GRC Envelop is a web-based work flow and document storage tool specific for the risk, audit and control environments. Mainly used for internal and external audits focused on financial, IT, HR and sales processes within large corporations. Read GRC Envelop Reviews

Starting Price: Available on Request

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Recent Review

"An automated software that helps immensely in document storage of high risk documents" - Arpita Sharma

Contenders | 2023

#19

Complete Enterprise IT Asset Management system to manage assets, licenses, history, Incident management, mobile application, automatic warranty check from manufacturers, forecasting, threshold and supplier management. All in one software for all the departments. Read ITM - IT Asset Reviews

Starting Price: Starting Price: $99 Per Month

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Recent Review

"Wonderful software" - Jeslin Sumitha

Contenders | 2023

#20

Wobot is the smart way to deal with your organizational communication problems. An affordable way to manage your workflows on-the-go, Wobot's unique AI capabilities will help you make the right business decisions by analyzing patterns daily. Read Wobot Reviews

Starting Price: Starting Price: $10.42 User/Month

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Recent Review

"Wobot Platform Review" - Pranav Anand

Until 31st Mar 2023

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Audit Management Software: A Buyer's Guide

Audits are an essential part of any business organization. They can be conducted in-house by a team of employees or outsourced to auditing agencies. Audits take up considerable time and effort. Organizations must ensure that all processes are streamlined, and paperwork is in order. This is why most organizations rely on audit software to simplify the entire procedure.

Audit management software is a highly popular tool in the current business scenario. It leads to the complete automation of most audit-related tasks and ensures smooth documentation. Internal audit software can keep financial figures in check and facilitates compliance with government regulations. It is a useful solution that can exponentially slash the time taken to conduct audits.

Audit software is designed to develop a comprehensive framework that manages large volumes of data and auditing processes. It is flexible enough to support any external, internal, supplier, IT, or quality organizational audit. A smart business platform and audit software can enhance systematic workflow and risk management and reduce man-made errors.

Why Need an Audit Management Software?

Organizations all across the globe have realized the immense potential of auditing management software. There has been a manifold increase in the adoption rates of auditing systems in organizations of various industries/ sectors. Audit software is a great tool that can help managers with seamless data flow, documentation management, and safety regulation compliance. Here are some compelling advantages of automated audit management systems:

  1. Improved Performance:

    Most audit tools are tailor-made to give users a holistic view of organizational processes and work. This allows managers to identify poor performances. They can locate under-utilized departments, low-performing teams, and even individual workers. Audit software facilitates managers to destroy any wasteful practices and eliminate time-consuming activities. It leads to improved performance, thus leading to higher business revenues.

  2. Saves Time:

    Traditional auditing processes are lengthy and cumbersome. They involve a lot of manual calculations. Hence organizations usually had to spend energy and time managing tons of paperwork. There was also always a chance of high errors or inaccuracies. However, audit management software automates and mechanizes all such processes. Complex calculations can be completed in a fraction of the time just by clicking a button.

  3. Ease-of-Use:

    One very good aspect of audit software is that they have a very simple learning curve. Often managers are skeptical about investing in audit management software as they feel it would be highly complicated for employees. Most modern software, though, is extremely user-friendly and presents data in a navigable readable form. This improves visibility and allows managers to make more strategic decisions that help achieve organizational goals in the long run.

  4. Eliminates Ambiguities in Reports:

    Reports and paperwork are important to audit management. When all documents are hand-written, there are high chances of errors. Audit software gathers and attaches evidence to audits on-site, thereby eliminating any confusion and ambiguity. Reports are unaffected by bias as all processes follow stringent rules and procedures. It makes reports highly accurate and organized for better clarity.

What are the Key Features of Audit Management Software?

Audit software has a range of impressive and innovative features. They implement the latest technology to monitor and calibrate all functions across departments. Here are some essential features that are popular in most audit management systems:

  1. Scheduling:

    Audits have to be completed promptly. Otherwise, organizations may find themselves defaulting on government regulation. Hence, one of the most important features of audit software is scheduling. It should have the capability to design one-off and recurring audits. Managers should also be able to set alerts and reminders so that audits are never missed.

  2. Document Management:

    Internal audit software helps handle vast amounts of documents in a structured manner. It can allow users to attach required documents in soft form as evidence for audit procedures. All critical data is stored in a central unified repository from which authorized personnel can easily access it.

  3. Corrective and Preventive Action(CAPA):

    Audit management platforms must ensure that organizations address their weak areas and proactively act against them. Corrective and preventive action features make it simple for managers to initiate corrective measures. This results in proper issue resolution and complete compliance in all fields.

  4. Flexible Reporting and Analytics:

    Audit tools are perfect business assets, facilitating proper audit closure and helping managers prepare detailed reports. They allow staff members to closely analyze all key metrics and display them in a visually friendly and graphic manner. This boosts improvement initiatives in low-performing areas and increases the efficacy of strategic business decisions.

  5. Audit Preparation Tools:

    Audit tools notify auditors well in advance about upcoming audits. It provides important information access to auditors, such as past audits, revealed financials, and historical reports. It can automatically develop a checklist with pre-established criteria. This will help auditors perform their job with enhanced quality and at a quicker pace.

    There are tons of radical new features in modern audit management software. Organizations need to assess their business requirement and check their budget before opting for the best one. Most software vendors provide customized options tailored to specific organizational requirements. Hence managers can choose particular features or modules that will benefit their business model.

What are the Key Considerations While Choosing Audit Management Software?

Regular audits are necessary to improve organizational performance and boost functional efficiency. Audit software is an automated system that can centralize, modify and implement risk and compliant processes. However, managers are often skeptical about adopting audit tools because they do not know enough about them.

Organizations stay hooked on traditional auditing procedures because they do not know how to find the best audit software.  Before investing in a long-term audit system, knowing what your organization needs is important. Here are some important considerations to keep in mind while choosing the best audit management software in the market:

  1. Affordability:

    Organizations must know their budget before venturing into the market to purchase audit software. Audit management platforms come in a wide price range, from free and open-source audit management software to costly solutions. Reliable and trustworthy service vendors generally customize audit software to sit within an organization’s financial resources to fit within the required range.

  2. Cloud-Access:

    Cloud-based audit software is the current buzzword in the business arena. Organizations must decide whether they want an on-premise or cloud-based solution. Most companies opt for cloud-based audit management software as it provides high mobility as the system can be accessed at any geographical location.

  3. Customization:

    Organizations need to choose a service provider that can personalize audit software. There is no one-size fits in auditing tools. Every organization has different requirements that must be catered to with care and precision. Hence, getting a customized audit management solution that will serve organizational needs is essential when deciding on an audit management platform.

  4. User-friendly Interface:

    Audit tools must be intuitive and easy to understand so that even non-technical staff members can use them. Investing in user-friendly audit software is vital so that there is no difficulty in transitioning to the new technology.

    Organizations must scan the market, check all considerations, and make a final choice. Perfect audit management software can build up bottom-line results and help your organization achieve high profitability.

FAQs of Audit Management Software

Audit management software automates and simplifies the auditing procedure. It organizes, schedules, and streamlines audit procedures from planning, executing, and evaluating outcomes with associated reports and data.

Audit Management Software in following industries

Last Updated: March 09, 2023