Simplify Your Audit Processes with an Intelligent Audit Management Solution
Legacy audit management in today’s world can be a major bottleneck, leading to a lack of visibility, audit overload, resource-intensive processes, errors, and compliance risks. Our audit management solution presents a smart and agile approach to auditing. By eliminating manual roadblocks and automating audit reports, observations, and tasks, it equips organisations with key capabilities to transform operations and ensure timely audit closure.
Digitising workflows to streamline audit tracking, compliance and decision-making.
With a comprehensive audit management solution, SquareOne empowers organisations with complete oversight and control over the entire audit lifecycle. Through role-based delegations, automated task assignments, reporting, and observation, stakeholders gain transparency into internal and external auditing. As a business transformation leader in the GCC region, we leverage our expertise in Hyland OnBase to facilitate the digitisation of audit processes to navigate the evolving Governance, Risk, and Compliance (GRC) landscape.
Industries We Serve
BFSI
Healthcare
Public Sector
Manufacturing
Retail
Key Areas of Application
Internal & External Audits
Regulatory Compliance
Financing & Accounting
Legal & Governance
IT Operations
Purpose-built Audit Management System for Seamless Audit Execution
Centralised Repository for Audit Management
Get a central overview of your audit journey with an advanced audit solution. Streamline tracking, reporting, and observation to reduce all manual efforts and get clarity on audit progress and status.
Automated Task Assignment
Assign function-specific responsibilities to team members through an automated system. With workflow routing, task management, and oversight in real-time, our auditing solution ensures each activity is handled efficiently with clear accountability.
Flexible Integration
Customise and adapt audit processes without IT intervention. Our audit software is compatible with multiple audit types, allowing updates on approval matrices and workflows. This simplifies audit approvals and reduces bottlenecks.
SLA-driven Notifications
Receive swift alerts on task completion, risks, compliance, and escalations. Through our audit management solution, organisations can get notified of real-time updates that assist in taking timely necessary actions.
End-to-End Audit Control for
Effective & Efficient Auditing
Audit Report Initiation
In the initial phase, the audit process begins where users can clearly define the scope for the auditing.
Observation Creation
Once the objectives are defined, the solution records key findings and observations for further action.
Task Assessment
Based on the observation, the solution identifies audit activities and assigns them to relevant personnel.
Task Execution
Once the task allocation has been initiated, the solution ensures the assigned tasks are completed and resolved in a given timeline.
Manager Review
As a due diligence approach, the completed tasks are routed to a manager for review and approval.
Final Approval & Closure
After validation, the audit process is completed and documented.
Audit Management Solution Powered by
SquareOne:
Delivering Next-gen Audit Management Solution in UAE
As a pioneering force in business transformation in the Middle East, SquareOne has been instrumental in delivering innovative solutions across AI and automation practices. In this regard, we have leveraged our expertise and partnership with Hyland to present our audit management solution. By taking the hassle out of manual auditing, our solution aids in multi-audit coordination, transparency in management, visibility into operations, decision-making, and compliance.
Our Customers
Contact Us
Take the next step in your digital transformation
FAQs
Audit mitigation is a process of oversight, governance, and management of auditing. It includes multiple stages such as preparation, execution, reporting, and follow-ups. By conducting effective audit management, organisations can effortlessly audit, comply with regulations and evaluate critical processes.
To ace management, audit management solutions are vital. It can automate and streamline manual auditing processes such as tracking and reporting. With a centralised audit management system for control, automated task assignments, real-time monitoring and other capabilities, it reduces risks, expedites auditing and saves time and resources.
The key features of the audit management solution include:
- End-to-End Digitisation
- Workflow & Authorization Control
- Automated Task Assignments
- SLA Monitoring & Escalations
- Real-Time Insights & Visibility
- Integration with Visualization & Content Tools
- Historical Audit Data Management
With audit management OnBase, organisations can easily track all auditing activities and stages right from initiation to closure. Through real-time visibility and automated task assignments, it centralises all audit-related tasks, ensuring that observations, approvals, and escalations are systematically tracked. Automated workflows assign tasks based on predefined roles, while SLA-driven notifications ensure timely execution and prevent bottlenecks. Our solution maintains a complete audit trail, capturing task status changes, reassignment history, and approvals, significantly reducing manual tracking efforts.
Our audit management solution in UAE supports auditors in reporting by automating data collection, streamlining report generation, and ensuring accuracy throughout the audit lifecycle. With our solution, auditors can track real-time progress, access historical data, and generate standardised reports with minimal manual effort. The solutions’ pre-built templates and automated workflows ensure consistency in audit documentation, reducing discrepancies and improving compliance.
To get in touch with our experts to enquire about the audit management solution, visit our Contact Us page or schedule a meeting by clicking here.
