Lighten the load of external audits with automation.
If your organization is like most, financial audits are hard work: how many months do you spend preparing each year, then how many more answering your auditors' questions? And how much harder has COVID-19 made them - e.g., because of office closures and changes in your business?
Our customers are using their Cloud applications to streamline audit and make it more resilient and cost-effective. Their internal teams continually monitor, assess, address, and document risks and remediations. That helps them get ahead of potential problems, shortens the time they spend with their external auditors, and instills confidence by demonstrating soundness and control of their financials. Their external auditors have self-service access to the data they need, further shortening the time spent on requests and responses.
Two key concepts drive those activities: open-book audit and risk-driven audit.