The 59 Best Audit Management Software Tools for 2024

Having a solid audit management software system is crucial for maintaining compliance, reducing risks, and achieving organizational excellence in today’s ever-changing business environment.

Appropriate audit management software can make a significant difference by streamlining processes and enhancing accountability across multiple industries.

That’s why the right audit management software can be a game-changer, streamlining processes and enhancing accountability across various industries.

So read on as we dive deep into 59 of the best audit management tools!

• Best audit management software
• What features does audit management software need?
• How much does audit management software cost?

Best audit management software

We have prepared a comprehensive list of 59 audit management software tools to assist you in making an informed decision for your organization. 

These tools cater to a wide range of needs in audit management, from simple workflows to advanced data analytics solutions.

Process Street

Process Street stands out as a versatile workflow automation tool designed to simplify recurring processes. Its intuitive interface and customizable templates make it a favorite among small to medium-sized businesses.

Pros:

• User-friendly interface.
• Customizable templates for diverse processes.
• Real-time collaboration for seamless teamwork.
• Integration capabilities with a variety of third-party apps.

Cons:

• Limited advanced automation features.
• May not be suitable for highly complex processes.

Key features:

• Checklist creation and management.
• Workflow automation.
• Form fields for data collection.
• Task assignments for team collaboration.
• Integrations with third-party apps.

Best for: Small to medium-sized businesses and teams that manage recurring processes, making it an ideal choice for routine audits and compliance checks.

Industry: Applicable across all industries.

ACL Robotics

ACL Robotics is a powerful audit management solution designed for data-driven auditing. It empowers users to analyze vast datasets for anomalies, risks, and compliance issues. The platform offers advanced scripting capabilities, allowing auditors to automate complex data analytics and gain valuable insights into financial processes.

Pros: 

• Robust data analytics capabilities.
• Automation of repetitive tasks.
• Customizable scripting for tailored audit procedures.

Cons: 

• Steeper learning curve for advanced features.
• May be more suitable for experienced auditors and data analysts.

Key features: 

• Data analytics.
• Automated testing.
• Customizable scripting.
• Risk assessment.
• Visualization tools.

Best for: Enterprises with large datasets and complex financial processes, requiring in-depth data analysis for auditing and compliance.

Industry: Particularly beneficial for finance, banking, and insurance sectors where data-intensive audits are crucial.

AuditBoard

AuditBoard is a comprehensive audit management platform that unifies all audit-related tasks in a centralized system. From risk assessment to issue tracking, it provides a collaborative environment for audit teams. With its user-friendly interface and integrated modules, AuditBoard enhances efficiency and transparency throughout the audit lifecycle.

Pros: 

• All-in-one solution for audit management.
• User-friendly interface.
• Real-time collaboration.
• Customizable workflows.

Cons: 

• Pricing may be higher for smaller businesses.
• May have more features than needed for simple audit requirements.

Key features: 

• Risk assessment.
• Workflow management.
• Issue tracking.
• Document management.
• Compliance monitoring.

Best for: Large enterprises with complex audit needs, seeking an integrated solution for end-to-end audit management.

Industry: Suitable for industries such as healthcare, manufacturing, and technology that require comprehensive audit solutions for compliance and risk management.

TeamMate

TeamMate is a robust audit management solution tailored for internal audit teams. It provides a centralized platform for managing audit processes, risk assessment, and compliance. With features like automated workflow, issue tracking, and customizable reporting, TeamMate facilitates efficient collaboration among audit professionals.

Pros: 

• Tailored for internal audit teams.
• Customizable reporting.
• Automated workflow.
• Collaboration tools.

Cons: 

• May have a steeper learning curve for new users.
• Some features may be more advanced than required for simpler audits.

Key features: 

• Automated workflow
• Risk assessment
• Issue tracking
• Customizable reporting

Best for: Internal audit teams within large organizations, seeking a specialized solution for streamlined audit processes.

Industry: Ideal for sectors such as finance, healthcare, and manufacturing with dedicated internal audit functions.

Workiva Wdesk

Workiva Wdesk is a cloud-based audit management platform that focuses on enhancing collaboration and data visibility during audits. It allows teams to work on documents simultaneously, ensuring real-time updates and version control. Wdesk is particularly advantageous for organizations with distributed audit teams.

Pros:

• Cloud-based collaboration.
• Real-time updates.
• Version control.
• Customizable templates.

Cons: 

• Dependency on internet connectivity.
• May have a slightly higher initial learning curve.

Key features: 

• Cloud collaboration.
• Document management.
• Version control.
• Audit templates.

Best for: Organizations with distributed audit teams, emphasizing collaboration and real-time updates.

Industry: Suitable for industries such as technology, telecommunications, and retail with geographically dispersed audit teams.

Resolver

Resolver is a comprehensive risk and audit management platform designed to streamline processes and enhance transparency. It integrates risk assessment, incident management, and compliance tracking, providing a holistic approach to audit management. Resolver is suitable for organizations prioritizing a unified risk and audit strategy.

Pros: 

• Holistic risk management.
• Incident tracking.
• Compliance monitoring.
• User-friendly interface.

Cons: 

• Feature-rich may require careful configuration to meet specific needs.
• May have a higher initial learning curve.

Key features: 

• Risk assessment.
• Incident management.
• Compliance tracking.
• Reporting.

Best for: Organizations seeking a unified platform for risk management and audit processes.

Industry: Suitable for industries such as energy, utilities, and critical infrastructure where comprehensive risk management is essential.

MetricStream

MetricStream is a governance, risk, and compliance (GRC) platform that includes robust audit management capabilities. It offers a centralized system for managing audits, risks, and compliance activities. With features like workflow automation and real-time reporting, MetricStream aids organizations in achieving greater visibility and control over their audit processes.

Pros: 

• Comprehensive GRC platform.
• Workflow automation.
• Real-time reporting.
• Scalability.

Cons: 

• Implementation may require dedicated resources.
• Extensive features may be more than necessary for smaller organizations.

Key features: 

• GRC integration.
• Audit workflow automation.
• Risk management.
• Compliance tracking.

Best for: Large enterprises with complex governance, risk, and compliance needs.

Industry: Ideal for regulated industries such as finance, healthcare, and pharmaceuticals.

SAP Audit Management

SAP Audit Management is part of the SAP S/4HANA suite, providing an integrated solution for managing audit processes. It enables organizations to plan, execute, and monitor audits efficiently. With features like audit planning, collaboration tools, and analytics, SAP Audit Management is suitable for enterprises seeking a comprehensive audit solution integrated with their ERP system.

Pros: 

• Integration with SAP S/4HANA.
• Audit planning tools.
• Real-time analytics.
• collaboration features.

Cons: 

• Requires integration with SAP S/4HANA.
• May be more suitable for organizations using SAP as their ERP system.

Key features: 

• Audit planning.
• Collaboration tools.
• Real-time analytics.
• Integration with SAP S/4HANA.

Best for: Enterprises using SAP as their ERP system, seeking seamless integration with audit processes.

Industry: Suitable for industries with a significant investment in SAP solutions, such as manufacturing and large-scale enterprises.

LogicGate

LogicGate is a flexible audit management platform that empowers organizations to design and automate their governance, risk, and compliance processes. With its no-code platform, LogicGate enables users to create customized audit workflows, risk assessments, and compliance monitoring. This adaptability makes it an excellent choice for organizations with evolving audit needs.

Pros: 

• No-code platform for customizable workflows.
• Risk assessments and compliance monitoring. 
• User-friendly interface.
• Scalable for evolving audit requirements.

Cons: 

• Customization may require some learning.
• May have more features than needed for simpler audit processes.

Key features: 

• No-code customization.
• Risk assessments.
• Compliance monitoring.
• Audit workflow automation.

Best for: Organizations seeking flexibility and adaptability in designing their audit processes.

Industry: Suitable for a range of industries, particularly beneficial for those with dynamic audit requirements, such as technology and consulting.

Ideagen Pentana

Ideagen Pentana is an integrated risk management and audit solution that provides a comprehensive approach to compliance and risk management. It offers modules for audit planning, risk assessment, and issue tracking. With its centralized platform, Ideagen Pentana assists organizations in achieving a cohesive and efficient audit management strategy.

Pros: 

• Integrated risk management.
• Audit planning.
• Risk assessment.
• Centralized platform for streamlined processes.

Cons: 

• May be more suitable for mid-sized to large organizations.
• May have a steeper learning curve for new users.

Key features: 

• Audit planning.
• Risk assessment.
• Issue tracking.
• Integrated risk management.

Best for: Mid-sized to large organizations seeking an integrated approach to risk and audit management.

Industry: Ideal for industries with complex regulatory landscapes, such as finance, healthcare, and energy.

MasterControl Audit

MasterControl Audit is a compliance-focused audit management software designed to streamline quality and regulatory audits. It offers a user-friendly interface for creating and managing audit plans, executing audits, and tracking findings. MasterControl is particularly beneficial for organizations operating in regulated environments.

Pros: 

• Compliance-focused.
• User-friendly interface.
• Audit plan creation.
• Tracking findings.
• Configurable for industry-specific requirements.

Cons: 

• May have more features than needed for smaller organizations.
• Compliance features may lack advanced analytics.

Key features: 

• Compliance-focused audit management.
• Audit planning.
• Findings tracking.
• Configurable templates.

Best for: Organizations operating in regulated industries with a focus on compliance audits.

Industry: Suitable for industries such as pharmaceuticals, biotechnology, and healthcare with stringent regulatory requirements.

Netwrix Auditor

Netwrix Auditor is an audit management solution focused on providing visibility into changes and data access across IT environments. It specializes in security auditing, helping organizations identify and respond to potential security threats. With real-time monitoring and reporting, Netwrix Auditor is ideal for enhancing cybersecurity measures.

Pros: 

• Specialized in security auditing.
• Real-time monitoring.
• Comprehensive reporting.
• User-friendly interface.

Cons: 

• May have more features than needed for organizations with basic auditing requirements.
• Steeper learning curve.

Key features: 

• Security auditing.
• Real-time monitoring.
• Change tracking.
• Data access monitoring.

Best for: Organizations prioritizing cybersecurity and seeking a solution for monitoring and responding to security-related changes.

Industry: Suitable for industries with a high emphasis on data security, such as finance, technology, and healthcare.

Onspring

Onspring is a versatile audit management platform that goes beyond traditional audit functions, offering solutions for risk management, compliance, and governance. Its configurable design allows organizations to adapt the platform to various audit types and regulatory requirements. Onspring is suitable for enterprises seeking a comprehensive GRC (governance, risk, and compliance) solution.

Pros: 

• Configurable for various audit types.
• Risk management capabilities.
• Compliance tracking.
• User-friendly interface.

Cons: 

• May require customization for specific industry requirements.
• May have a steeper learning curve for extensive configurations.

Key features: 

• Configurable audit types. 
• Risk management.
• Compliance tracking.
• Governance tools.

Best for: Enterprises seeking a comprehensive GRC solution that extends beyond traditional audit management.

Industry: Suitable for industries with complex regulatory environments, such as finance, healthcare, and manufacturing.

HighBond by Galvanize

HighBond is an integrated GRC platform that includes audit management as one of its key modules. It offers a centralized system for managing audits, risks, and compliance activities. With features like automated workflows and data analytics, HighBond supports organizations in achieving a proactive approach to risk and audit management.

Pros: 

• Integrated GRC platform.
• Automated workflows.
• Data analytics.
• User-friendly interface.

Cons: 

• May be more feature-rich than necessary for smaller organizations.
• Extensive features may require careful configuration.

Key features: 

• Integrated GRC platform.
• Audit management.
• Automated workflows.
• Data analytics.

Best for: Organizations seeking a unified approach to GRC with a focus on proactive risk and audit management.

Industry: Suitable for a variety of industries, particularly beneficial for those prioritizing integrated GRC solutions, such as finance, healthcare, and energy.

Citicus ONE

Citicus ONE is a risk and compliance management solution with a focus on enabling organizations to measure and manage risk effectively. It provides tools for risk assessments, compliance monitoring, and reporting. Citicus ONE is particularly beneficial for organizations aiming to establish a proactive approach to risk management.

Pros: 

• Proactive risk management.
• Compliance monitoring.
• Customizable reporting.
• User-friendly interface.

Cons: 

• May have a learning curve for users new to advanced risk management tools.
• May be more extensive than needed for basic risk assessments.

Key features: 

• Risk assessments.
• Compliance monitoring.
• Reporting.
• Risk measurement.

Best for: Organizations seeking a proactive and comprehensive approach to risk and compliance management.

Industry: Suitable for industries such as finance, healthcare, and technology where proactive risk management is critical.

Greenlight Guru

Greenlight Guru is a quality management system with a specific focus on audit processes within the medical device industry. It offers solutions for audit planning, execution, and documentation, ensuring compliance with industry regulations. Greenlight Guru is an essential tool for medical device manufacturers prioritizing quality and regulatory compliance.

Pros: 

• Industry-specific focus on medical device audits.
• Audit planning tools.
• Compliance documentation.
• User-friendly interface.

Cons: 

• May have features beyond the needs of organizations outside the medical device industry, industry-specific.

Key features: 

• Audit planning and execution.
• Compliance documentation.
• Features specifically for medical device audits.

Best for: Medical device manufacturers requiring a specialized solution for quality and regulatory audits.

Industry: Essential for the medical device industry where compliance with quality standards is crucial.

Gensuite

Gensuite is a cloud-based audit management software designed for EHS (environment, health, and safety) and sustainability management. It provides tools for audit planning, execution, and tracking, emphasizing compliance and risk management in these critical areas.

Pros: 

• Cloud-based platform.
• EHS-focused.
• Audit planning tools.
• Customizable reporting.

Cons: 

• Industry-specific focus.
• May have more features than needed for non-EHS audits.

Key features: 

• EHS audit management.
• Risk assessment.
• Compliance tracking.

Best for: Organizations with a focus on environmental, health, and safety compliance.

Industry: Ideal for industries with stringent EHS regulations, such as manufacturing, construction, and energy.

AuditDesktop

AuditDesktop is an audit management solution designed for internal auditors and external audit firms. It provides tools for audit planning, work paper management, and reporting. With a user-friendly interface, AuditDesktop aims to simplify the audit process for professionals.

Pros: 

• Internal and external audit focus.
• Audit planning tools.
• Workpaper management.
• User-friendly.

Cons: 

• May lack advanced features for complex audit requirements.
• Focused on audit professionals.

Key features: 

• Internal and external audit tools.
• Workpaper management.
• Reporting functionality.

Best for: Internal auditors and external audit firms seeking a user-friendly solution.

Industry: Suitable for a range of industries where internal and external audits are conducted.

AuditNet

AuditNet is a web-based resource for auditors that includes audit templates, tools, and educational resources. While not a standalone audit management software, it serves as a valuable platform for auditors looking for templates and guidance in their audit processes.

Pros: Extensive library of audit templates and resources, web-based accessibility.

Cons: Not a full audit management software, requires integration with other tools.

Features: Audit templates, educational resources, community forums.

Best for: Auditors looking for a centralized resource for audit templates and guidance.

Industry: Suitable for auditors across various industries seeking standardized templates and best practices.

Audit Prodigy

Audit Prodigy is an audit management solution that focuses on simplicity and efficiency. It offers tools for creating and managing audit plans, executing audits, and generating reports. With its user-friendly interface, Audit Prodigy is suitable for organizations looking for a straightforward yet effective audit solution.

Pros: User-friendly interface, audit planning tools, efficient execution, customizable reporting.

Cons: May have fewer advanced features compared to more comprehensive solutions, not suitable for highly complex audits.

Features: Audit planning, execution, reporting, user-friendly design.

Best for: Small to medium-sized organizations seeking a straightforward and easy-to-use audit management solution.

Industry: Suitable for a variety of industries with basic audit requirements, such as retail, hospitality, and small businesses.

ComplianceBridge

ComplianceBridge is a governance, risk, and compliance (GRC) platform that includes audit management as a key component. It offers tools for audit planning, risk assessment, and compliance tracking. With a focus on automation, ComplianceBridge aims to streamline audit processes and ensure regulatory compliance.

Pros: GRC integration, audit planning tools, risk assessment, compliance tracking, automation.

Cons: May have a learning curve for users new to GRC platforms, comprehensive features may be more than needed for smaller organizations.

Features: GRC integration, audit planning, risk assessment, compliance tracking, automation.

Best for: Organizations seeking a comprehensive GRC solution with a strong emphasis on audit management.

Industry: Suitable for industries with complex regulatory environments, such as finance, healthcare, and manufacturing.

Intelex Audit Management

Intelex Audit Management offers a comprehensive audit management solution designed to improve the efficiency and effectiveness of audit processes. It provides tools for audit planning, execution, and reporting, with a focus on ensuring compliance and driving continuous improvement.

Pros: Comprehensive audit management solution, audit planning tools, compliance-focused, continuous improvement features.

Cons: May require careful configuration for specific industry requirements, comprehensive features may be more than needed for smaller organizations.

Features: Audit planning, execution, reporting, compliance tracking, continuous improvement.

Best for: Organizations prioritizing compliance and continuous improvement in their audit processes.

Industry: Suitable for industries such as manufacturing, healthcare, and energy with stringent compliance requirements.

Cority

Cority is an EHS (environment, health, and safety) and quality management software that includes robust audit management capabilities. It offers tools for creating, scheduling, and conducting audits, with a focus on ensuring compliance with EHS and quality standards. Cority is suitable for organizations prioritizing safety and quality in their operations.

Pros: EHS and quality management focus, audit planning tools, compliance tracking, configurable workflows.

Cons: May have a steeper learning curve for extensive configurations, industry-specific focus.

Features: EHS and quality audit management, compliance tracking, configurable workflows.

Best for: Organizations with a focus on EHS and quality management, seeking an integrated solution.

Industry: Ideal for industries such as manufacturing, construction, and healthcare with stringent EHS and quality standards.

LogicManager

LogicManager is an integrated risk management and audit solution that offers tools for risk assessment, policy management, and internal audit. It provides a centralized platform for managing risks and ensuring compliance with policies and regulations. LogicManager is suitable for organizations aiming to integrate risk and audit processes seamlessly.

Pros: Integrated risk and audit management, risk assessment tools, policy management, customizable workflows.

Cons: May require careful configuration for specific industry requirements, comprehensive features may be more than needed for smaller organizations.

Features: Risk assessment, policy management, internal audit tools, customizable workflows.

Best for: Organizations seeking a unified approach to risk and audit management.

Industry: Suitable for industries with complex regulatory landscapes, such as finance, healthcare, and energy.

Isolocity

Isolocity is a quality management and compliance platform that includes audit management capabilities. It focuses on helping organizations streamline their quality processes and adhere to industry standards and regulations. Isolocity offers tools for audit planning, execution, and reporting with a user-friendly interface.

Pros: Quality management and compliance focus, audit planning tools, user-friendly interface, customizable reporting.

Cons: May be more tailored to industries with stringent quality standards, may have features beyond the needs of smaller organizations.

Features: Quality management, compliance tracking, audit planning, reporting.

Best for: Organizations in industries with a strong emphasis on quality standards, seeking an integrated solution.

Industry: Particularly beneficial for industries like manufacturing, healthcare, and food production where quality standards are critical.

RiskWatch

RiskWatch is a comprehensive risk management platform that includes modules for risk assessment, compliance, and audit management. It provides tools for creating and managing audit plans, conducting assessments, and tracking compliance. RiskWatch is suitable for organizations aiming to take a proactive approach to risk and audit management.

Pros: Comprehensive risk management solution, audit planning tools, compliance tracking, proactive risk assessment.

Cons: May have a learning curve for new users, extensive features may be more than needed for smaller organizations.

Features: Risk assessment, audit planning, compliance tracking, proactive risk management.

Best for: Organizations seeking a proactive and integrated approach to risk, compliance, and audit management.

Industry: Suitable for industries with complex risk landscapes, such as finance, healthcare, and critical infrastructure.

Enablon

Enablon is a comprehensive sustainability and EHS (environment, health, and safety) management platform that includes audit management capabilities. It provides tools for planning, executing, and tracking audits, with a focus on ensuring compliance with sustainability and EHS standards. Enablon is suitable for organizations aiming to integrate environmental and safety considerations into their audit processes.

Pros: Sustainability and EHS focus, audit planning tools, compliance tracking, configurable workflows.

Cons: May have a steeper learning curve for extensive configurations, industry-specific focus.

Features: Sustainability and EHS audit management, compliance tracking, configurable workflows.

Best for: Organizations prioritizing sustainability and EHS considerations in their audit processes.

Industry: Ideal for industries such as manufacturing, energy, and construction with a focus on sustainability and EHS standards.

AuditFindings

AuditFindings is an audit management solution that focuses on simplifying the audit process, offering tools for creating and managing audit plans, conducting audits, and tracking findings. It aims to provide a straightforward platform for organizations of various sizes to enhance their audit efficiency.

Pros: Simplified audit management, audit planning tools, user-friendly interface, findings tracking.

Cons: May have fewer advanced features compared to more comprehensive solutions, not suitable for highly complex audits.

Features: Audit planning, findings tracking, reporting, user-friendly design.

Best for: Small to medium-sized organizations seeking a straightforward and easy-to-use audit management solution.

Industry: Suitable for a variety of industries with basic audit requirements, such as retail, hospitality, and small businesses.

Form.com

Form.com is a mobile-focused audit management platform that allows organizations to create, conduct, and manage audits efficiently using mobile devices. It offers tools for designing custom audit forms, conducting inspections, and generating reports. Form.com is suitable for organizations with field-based audit requirements.

Pros: Mobile-focused, customizable audit forms, field data collection, real-time reporting.

Cons: May have a learning curve for users new to mobile-focused audit solutions, specialized for field-based audits.

Features: Mobile-focused audit forms, field data collection, real-time reporting.

Best for: Organizations with field-based audit requirements, seeking a mobile-friendly solution.

Industry: Particularly beneficial for industries such as construction, field services, and utilities with on-site audit needs.

Workpapers

Workpapers is an audit management solution designed to streamline the audit process and collaboration among audit teams. It provides tools for creating and managing workpapers, tracking audit progress, and facilitating communication among team members. Workpapers.com is suitable for organizations emphasizing collaboration in their audit workflows.

Pros: Collaboration-focused, workpaper management, progress tracking, team communication.

Cons: May have a learning curve for users new to collaboration-focused audit tools, may be more than needed for smaller organizations.

Features: Workpaper management, progress tracking, team communication, collaboration tools.

Best for: Organizations prioritizing collaboration and communication in their audit processes.

Industry: Suitable for industries with complex audit workflows that require effective team collaboration, such as finance, healthcare, and technology.

ZenGRC

ZenGRC is a governance, risk, and compliance (GRC) platform that includes audit management features. It provides tools for risk assessment, policy management, and audit tracking. With a user-friendly interface, ZenGRC aims to simplify the complexities of GRC processes, making it suitable for organizations seeking an integrated solution.

Pros: GRC integration, risk assessment tools, policy management, user-friendly interface.

Cons: May have a learning curve for users new to GRC platforms, extensive features may be more than needed for smaller organizations.

Features: GRC integration, audit tracking, risk assessment, policy management.

Best for: Organizations seeking a simplified and user-friendly GRC solution with a focus on audit management.

Industry: Suitable for a variety of industries with complex governance, risk, and compliance requirements, such as finance, healthcare, and manufacturing.

Dynamic Audit Solution (DAS)

DAS is an audit management software designed to cater to the evolving needs of audit professionals. It offers tools for audit planning, execution, and reporting, with a focus on adaptability and customization to suit different audit types and industries.

Pros: Adaptable to various audit types, audit planning tools, customization features.

Cons: May require configuration for specific industry requirements, may have a learning curve for extensive customizations.

Features: Audit planning, execution, reporting, adaptability.

Best for: Audit professionals looking for a flexible and adaptable audit management solution.

Industry: Suitable for a variety of industries where adaptability in audit processes is crucial, such as consulting, finance, and technology.

AuditComply

AuditComply is a comprehensive suite of tools for managing audits, risks, and compliance. It provides features for audit planning, risk assessment, and real-time reporting. AuditComply is suitable for organizations looking for an integrated solution to streamline their audit and compliance processes.

Pros: Cloud-based platform, integrated audit, risk, and compliance tools, audit planning, real-time reporting.

Cons: May have a learning curve for users new to comprehensive GRC platforms, more features than needed for smaller organizations.

Features: Audit planning, risk assessment, compliance tracking, real-time reporting.

Best for: Mid to large-sized organizations seeking an integrated solution for audit, risk, and compliance management.

Industry: Suitable for industries with complex regulatory environments, such as finance, healthcare, and manufacturing.

TeamMate+ Audit

TeamMate+ Audit is an audit management solution designed for internal audit professionals. It provides tools for audit planning, execution, and reporting, with a focus on improving collaboration and efficiency within internal audit teams. TeamMate+ is suitable for organizations emphasizing internal audit excellence.

Pros: Internal audit focus, audit planning tools, collaboration features, reporting.

Cons: May have more features than needed for organizations without an internal audit focus, internal audit-specific.

Features: Internal audit tools, audit planning, collaboration features, reporting.

Best for: Organizations with a dedicated focus on internal audit excellence.

Industry: Suitable for a range of industries with internal audit functions, such as finance, healthcare, and manufacturing.

VelocityEHS

VelocityEHS is a cloud-based platform that primarily focuses on EHS (environment, health, and safety) management but also includes audit management capabilities. It provides tools for conducting audits, managing findings, and ensuring compliance with EHS regulations.

Pros: EHS focus, audit tools, findings management, cloud-based platform.

Cons: May have more features than needed for organizations without a strong emphasis on EHS, industry-specific focus.

Features: EHS audit tools, findings management, compliance tracking.

Best for: Organizations with a strong emphasis on EHS compliance seeking an integrated solution.

Industry: Ideal for industries with stringent EHS regulations, such as manufacturing, construction, and energy.

Pentana Risk

Pentana Risk is a risk management and audit solution that focuses on providing a comprehensive approach to risk identification, assessment, and mitigation. It offers tools for audit planning, risk assessments, and issue tracking. Pentana Risk is suitable for organizations aiming to integrate risk management seamlessly into their audit processes.

Pros: Comprehensive risk management, audit planning tools, risk assessments, issue tracking.

Cons: May have a learning curve for users new to integrated risk and audit solutions, more features than needed for smaller organizations.

Features: Audit planning, risk assessments, issue tracking, integrated risk management.

Best for: Organizations seeking a unified approach to risk and audit management.

Industry: Suitable for industries with complex risk landscapes, such as finance, healthcare, and energy.

AuditDesktop for Banks

AuditDesktop for Banks is a specialized audit management solution tailored for the banking industry. It offers tools for internal and external audits, compliance tracking, and risk assessments specific to the financial sector. With a focus on banking regulations, AuditDesktop for Banks is suitable for financial institutions prioritizing regulatory compliance.

Pros: Banking industry focus, internal and external audit tools, compliance tracking, risk assessments.

Cons: Industry-specific, may have more features than needed for organizations outside the financial sector.

Features: Internal and external audit tools, compliance tracking, risk assessments, banking-specific features.

Best for: Banks and financial institutions requiring a specialized audit management solution.

Industry: Essential for the banking industry where regulatory compliance is paramount.

ARMATURE Fabric

ARMATURE Fabric is a quality management and audit solution that provides tools for managing audits, inspections, and compliance. It offers a flexible platform that organizations can tailor to their specific audit needs, including audit planning, execution, and reporting. ARMATURE Fabric is suitable for organizations looking for a customizable approach to audit management.

Pros: Quality management focus, customizable platform, audit planning tools, reporting.

Cons: May require customization for specific industry requirements, more features than needed for smaller organizations.

Features: Audit planning, execution, reporting, customization options.

Best for: Organizations seeking a customizable approach to audit management with a focus on quality.

Industry: Suitable for industries where quality management is critical, such as manufacturing, healthcare, and technology.

Optial SmartStart

Optial SmartStart is a cloud-based governance, risk, and compliance (GRC) platform that includes audit management capabilities. It provides tools for audit planning, risk assessment, and compliance tracking. Optial SmartStart is suitable for organizations seeking a user-friendly and scalable GRC solution.

Pros: Cloud-based platform, GRC integration, audit planning tools, user-friendly interface.

Cons: May have a learning curve for users new to GRC platforms, extensive features may be more than needed for smaller organizations.

Features: GRC integration, audit planning, risk assessment, compliance tracking.

Best for: Organizations seeking a scalable and user-friendly GRC solution with a focus on audit management.

Industry: Suitable for a variety of industries with complex governance, risk, and compliance requirements, such as finance, healthcare, and manufacturing.

AuditFile

AuditFile is a cloud-based audit management solution designed for accounting professionals and firms. It offers tools for audit planning, workflow management, and document storage. With features like real-time collaboration and automated workpaper generation, AuditFile is suitable for organizations looking to streamline the audit process in the accounting domain.

Pros: Accounting industry focus, cloud-based platform, workflow management, real-time collaboration.

Cons: May have more features than needed for smaller accounting firms, industry-specific.

Features: Audit planning, workflow management, document storage, real-time collaboration.

Best for: Accounting professionals and firms seeking a cloud-based solution for efficient audit processes.

Industry: Essential for the accounting industry where audit processes are integral to financial reporting.

Predict360

Predict360 is a comprehensive GRC (governance, risk, and compliance) platform that includes audit management as a core module. It provides tools for audit planning, risk assessment, and compliance tracking. Predict360 is suitable for organizations aiming to integrate GRC processes seamlessly into their overall business strategy.

Pros: Integrated GRC platform, audit planning tools, risk assessment, compliance tracking.

Cons: May have a learning curve for users new to comprehensive GRC platforms, extensive features may be more than needed for smaller organizations.

Features: Integrated GRC platform, audit planning, risk assessment, compliance tracking.

Best for: Organizations seeking a unified approach to GRC with a strong emphasis on audit management.

Industry: Suitable for industries with complex regulatory landscapes, such as finance, healthcare, and manufacturing.

SAP Audit Management

SAP Audit Management is an enterprise-grade audit solution that integrates with SAP’s broader suite of business applications. It provides tools for audit planning, execution, and reporting, ensuring seamless integration with other SAP modules. SAP Audit Management is suitable for large enterprises looking for a cohesive approach to audit processes within their SAP ecosystem.

Pros: Enterprise-grade, integration with SAP, audit planning tools, reporting.

Cons: May be more suitable for large enterprises using SAP’s broader suite, extensive features may be more than needed for smaller organizations.

Features: Audit planning, execution, reporting, integration with SAP.

Best for: Large enterprises using SAP looking for a cohesive audit solution within their SAP ecosystem.

Industry: Suitable for various industries with complex business processes utilizing SAP as their enterprise software.

MasterControl Quality Excellence

MasterControl is a quality management system with a strong focus on compliance and audit management. It provides tools for audit planning, execution, and reporting, with an emphasis on maintaining compliance with industry regulations and quality standards. MasterControl is suitable for organizations prioritizing quality and regulatory compliance.

Pros: Quality management focus, compliance tracking, audit planning tools, reporting.

Cons: May have more features than needed for smaller organizations, industry-specific focus.

Features: Quality management, compliance tracking, audit planning, reporting.

Best for: Organizations in industries where quality and regulatory compliance are critical, such as healthcare, life sciences, and manufacturing.

Industry: Ideal for industries with stringent quality and compliance requirements.

M-Files

M-Files is a document management system that includes audit management capabilities. It provides tools for document version control, access permissions, and audit trails, ensuring compliance with document-related processes. M-Files is suitable for organizations looking to integrate document management and audit tracking seamlessly.

Pros: Document management focus, version control, access permissions, audit trails.

Cons: May have more features than needed for smaller organizations, document management-specific.

Features: Document management, version control, access permissions, audit trails.

Best for: Organizations emphasizing document management and audit tracking integration.

Industry: Suitable for industries where document control and audit trails are crucial, such as legal, finance, and healthcare.

Nimonik Audit

Nimonik is a cloud-based audit management platform that focuses on simplifying regulatory compliance and audit processes. It provides tools for audit planning, compliance tracking, and document management. Nimonik Audit is suitable for organizations looking for a straightforward and user-friendly solution for regulatory compliance.

Pros: Regulatory compliance focus, audit planning tools, compliance tracking, document management.

Cons: May have fewer advanced features compared to more comprehensive solutions, user-friendly design.

Features: Regulatory compliance focus, audit planning, compliance tracking, document management.

Best for: Organizations seeking a simple and user-friendly solution for regulatory compliance and audits.

Industry: Suitable for various industries with regulatory compliance requirements, such as manufacturing, healthcare, and food production.

Veeva Vault QMS

Veeva Vault QMS is a quality management solution with audit management capabilities designed for the life sciences industry. It provides tools for audit planning, quality document management, and compliance tracking. Veeva Vault QMS is suitable for organizations in life sciences seeking a comprehensive solution to manage quality and audits.

Pros: Life sciences industry focus, audit planning tools, quality document management, compliance tracking.

Cons: May have more features than needed for smaller organizations, industry-specific focus.

Features: Life sciences industry focus, audit planning, quality document management, compliance tracking.

Best for: Life sciences organizations prioritizing comprehensive quality and audit management.

Industry: Essential for the life sciences industry where regulatory compliance and quality are critical.

OnSolve Aware

OnSolve Aware is an incident management and audit solution that provides tools for managing audits, incidents, and compliance. It offers features for audit planning, incident tracking, and communication during critical events. OnSolve Aware is suitable for organizations seeking an integrated approach to audit and incident management.

Pros: Incident management focus, audit planning tools, incident tracking, communication features.

Cons: May have more features than needed for smaller organizations, incident management-specific.

Features: Incident management, audit planning, incident tracking, communication features.

Best for: Organizations emphasizing an integrated approach to audit and incident management.

Industry: Suitable for various industries where incident management and audit processes need to be closely linked, such as healthcare, manufacturing, and utilities.

MetricStream Audit Management

MetricStream is a GRC (governance, risk, and compliance) platform with a dedicated module for audit management. It provides tools for audit planning, risk assessment, and compliance tracking. MetricStream Audit Management is suitable for organizations seeking a comprehensive approach to GRC, with a strong emphasis on audit management.

Pros: Integrated GRC platform, audit planning tools, risk assessment, compliance tracking.

Cons: May have a learning curve for users new to integrated GRC platforms, extensive features may be more than needed for smaller organizations.

Features: Integrated GRC platform, audit planning, risk assessment, compliance tracking.

Best for: Organizations seeking a unified approach to GRC with a focus on audit management.

Industry: Suitable for industries with complex governance, risk, and compliance requirements, such as finance, healthcare, and manufacturing.

Intelex Audit Management

Intelex is a cloud-based EHS (environment, health, and safety) and quality management platform that includes audit management capabilities. It provides tools for audit planning, risk assessments, and compliance tracking. Intelex Audit Management is suitable for organizations emphasizing a unified approach to EHS and quality.

Pros: EHS and quality management focus, audit planning tools, risk assessments, compliance tracking.

Cons: May have more features than needed for organizations without a strong emphasis on EHS and quality, industry-specific focus.

Features: EHS and quality management, audit planning, risk assessments, compliance tracking.

Best for: Organizations prioritizing an integrated approach to EHS and quality management.

Industry: Ideal for industries such as manufacturing, construction, and energy with a focus on EHS and quality standards.

Intellect Compliance Management

Intellect is a comprehensive compliance management platform that includes audit management features. It provides tools for audit planning, risk assessments, and compliance tracking. Intellect Compliance Management is suitable for organizations seeking a flexible and scalable solution for managing audits and ensuring regulatory compliance.

Pros: Compliance management focus, audit planning tools, risk assessments, scalable platform.

Cons: May have a learning curve for users new to comprehensive compliance management platforms, extensive features may be more than needed for smaller organizations.

Features: Compliance management, audit planning, risk assessments, scalable platform.

Best for: Organizations seeking a flexible and scalable solution for audit management and compliance.

Industry: Suitable for a variety of industries with regulatory compliance requirements, such as finance, healthcare, and manufacturing.

AssurX QMS

AssurX is a quality management system with audit management capabilities designed for various industries. It provides tools for audit planning, risk assessments, and compliance tracking. AssurX QMS is suitable for organizations looking for a versatile solution to manage quality and audits across different business processes.

Pros: Quality management focus, audit planning tools, risk assessments, compliance tracking.

Cons: May have more features than needed for smaller organizations, industry-specific focus.

Features: Quality management, audit planning, risk assessments, compliance tracking.

Best for: Organizations prioritizing a versatile solution for managing quality and audits.

Industry: Suitable for various industries with a focus on quality and regulatory compliance, such as manufacturing, healthcare, and technology.

AuditDesktop for Construction

AuditDesktop for Construction is a specialized audit management solution tailored for the construction industry. It provides tools for internal and external audits, compliance tracking, and risk assessments specific to construction operations. AuditDesktop for Construction is essential for construction companies prioritizing regulatory compliance, safety, and project quality.

Pros: Construction industry focus, internal and external audit tools, compliance tracking, risk assessments.

Cons: Industry-specific, may have more features than needed for organizations outside the construction sector.

Features: Internal and external audit tools, compliance tracking, risk assessments, construction-specific features.

Best for: Construction companies requiring a specialized audit management solution.

Industry: Critical for the construction industry where regulatory compliance, safety, and project quality are paramount.

SAP Business Integrity Screening

SAP Business Integrity Screening is an advanced solution within SAP’s suite that focuses on fraud detection and audit management. It provides tools for continuous monitoring, audit planning, and compliance tracking. This solution is suitable for large enterprises looking to integrate fraud detection seamlessly into their audit and compliance processes.

Pros: Fraud detection focus, continuous monitoring, audit planning tools, compliance tracking.

Cons: May be more suitable for large enterprises using SAP’s broader suite, extensive features may be more than needed for smaller organizations.

Features: Fraud detection, continuous monitoring, audit planning, compliance tracking.

Best for: Large enterprises seeking an integrated approach to fraud detection and audit management within the SAP ecosystem.

Industry: Suitable for various industries with complex business processes utilizing SAP as their enterprise software.

IQS Trubox

IQS Trubox is a comprehensive quality management system that includes audit management capabilities. It provides tools for audit planning, risk assessments, and compliance tracking. IQS Trubox is suitable for organizations looking for a scalable and user-friendly solution to manage quality and audits.

Pros: Quality management focus, audit planning tools, risk assessments, scalable platform.

Cons: May have a learning curve for users new to comprehensive quality management systems, extensive features may be more than needed for smaller organizations.

Features: Quality management, audit planning, risk assessments, scalable platform.

Best for: Organizations seeking a scalable and user-friendly solution for managing quality and audits.

Industry: Suitable for various industries with a focus on quality and regulatory compliance, such as manufacturing, healthcare, and technology.

A1 Tracker

A1 Tracker is an enterprise risk management and audit solution that provides tools for managing audits, incidents, and compliance. It offers features for audit planning, incident tracking, and document management. A1 Tracker is suitable for organizations seeking an integrated approach to risk management and audit processes.

Pros: Enterprise risk management focus, audit planning tools, incident tracking, document management.

Cons: May have more features than needed for smaller organizations, extensive features may require careful configuration.

Features: Enterprise risk management, audit planning, incident tracking, document management.

Best for: Organizations emphasizing an integrated approach to risk management and audit processes.

Industry: Suitable for various industries where risk management and audit processes need to be closely linked, such as healthcare, manufacturing, and utilities.

RiskWatch Risk Management

RiskWatch is a risk management platform with a focus on audit and compliance. It provides tools for audit planning, risk assessments, and compliance tracking. RiskWatch Risk Management is suitable for organizations looking for an integrated solution to manage risks and ensure compliance with industry standards.

Pros: Risk management focus, audit planning tools, risk assessments, compliance tracking.

Cons: May have more features than needed for smaller organizations, extensive features may require careful configuration.

Features: Risk management, audit planning, risk assessments, compliance tracking.

Best for: Organizations seeking an integrated solution for risk management and compliance.

Industry: Suitable for various industries where risk management and compliance processes need to be closely linked, such as finance, healthcare, and technology.

EHS Insight

EHS Insight is a cloud-based EHS (environment, health, and safety) platform with audit management capabilities. It provides tools for audit planning, incident tracking, and compliance management. EHS Insight is suitable for organizations prioritizing a comprehensive approach to EHS, including efficient audit processes.

Pros: Cloud-based EHS platform, audit planning tools, incident tracking, compliance management.

Cons: May have more features than needed for organizations without a strong emphasis on EHS, industry-specific focus.

Features: Cloud-based EHS platform, audit planning, incident tracking, compliance management.

Best for: Organizations emphasizing a comprehensive approach to EHS with a focus on efficient audit processes.

Industry: Ideal for industries such as manufacturing, construction, and energy with a priority on EHS standards.

Cority Audit Management

Cority offers an integrated audit management solution within its broader EHSQ (environment, health, safety, and quality) platform. It provides tools for audit planning, risk assessments, and compliance tracking. Cority Audit Management is suitable for organizations seeking an all-encompassing EHSQ solution with a strong focus on audit efficiency.

Pros: Integrated EHSQ platform, audit planning tools, risk assessments, compliance tracking.

Cons: May have more features than needed for organizations without a strong emphasis on EHSQ, extensive features may require careful configuration.

Features: Integrated EHSQ platform, audit planning, risk assessments, compliance tracking.

Best for: Organizations emphasizing an all-encompassing EHSQ approach with a focus on audit efficiency.

Industry: Ideal for industries with a strong emphasis on EHSQ standards, such as manufacturing, healthcare, and construction.

ACL GRC

ACL GRC is a governance, risk, and compliance platform that includes audit management capabilities. It provides tools for audit planning, risk assessments, and compliance tracking. ACL GRC is suitable for organizations seeking an integrated approach to GRC with a strong focus on data-driven audit processes.

Pros: GRC platform, audit planning tools, risk assessments, data-driven audit processes.

Cons: May have more features than needed for organizations without a strong emphasis on GRC, extensive features may require careful configuration.

Features: GRC platform, audit planning, risk assessments, data-driven audit processes.

Best for: Organizations emphasizing an integrated approach to governance, risk, and compliance with a focus on data-driven audit processes.

Industry: Suitable for a variety of industries with complex GRC requirements, such as finance, healthcare, and technology.

What features does audit management software need?

When it comes to effectively managing the audit process, audit management software plays a crucial role.

To ensure seamless operations, it is imperative to have the right features in place:

Planning templates

One essential feature is the availability of scoping and planning templates, which provide a structured framework for defining the scope and objectives of the audit.

These templates facilitate effective planning and help ensure that all necessary areas are covered.

Task automation

Another important feature is the automation of tasks and reminders.

By automating routine tasks such as data collection and documentation, audit management software streamlines the process, saving time and reducing manual errors.

Automated reminders ensure that deadlines are met and important tasks are not overlooked.

Control libraries

Yet another vital feature that should be included.

These libraries house predefined controls and best practices relevant to various industries and regulatory requirements.

This feature helps auditors easily access and implement the necessary controls, ensuring compliance and efficiency.

To-do lists

Simple yet effective feature that helps auditors keep track of their tasks and progress.

By providing a centralized list of action items, audit management software enables auditors to stay organized and prioritize their work effectively.

Reporting tools are crucial for generating comprehensive and customizable reports.

These tools allow auditors to analyze and present audit findings, providing valuable insights to stakeholders. Furthermore, they enhance communication and ensure transparent reporting.

How much does audit management software cost?

We understand that pricing is a crucial factor in your decision-making process.

The cost of audit management software can vary depending on several factors, including organization size, complexity, and number of users.

For smaller organizations with simpler audit requirements and fewer users, the cost range can be more budget-friendly.

Larger organizations dealing with complex audits and multiple users may expect a higher price range due to increased customization and scalability.

It’s also important to consider upfront onboarding costs. These costs may include system setup, training, data migration, and configuration.

While these costs can vary depending on the software provider, it’s essential to understand these considerations and budget accordingly.

By analyzing your organization’s size, complexity, and number of users, you can determine the cost range that aligns with your budget and requirements.

We recommend reaching out to different software providers to receive personalized quotes based on your specific needs.

Remember, finding the right audit management software is an investment towards streamlining your auditing processes and ensuring compliance.It’s essential to consider all factors, including cost range and upfront onboarding costs, to make an informed decision that benefits your organization in the long run.