Can the addition of an internal audit software actually improve your audit team? We believe so. Otherwise, what’s the point of implementing something like IAStream?
- Standardized workpapers
There’s nothing like comparing workpapers between three individuals and seeing vastly different layouts. This makes the review process more time consuming, and increases the risk of incomplete audit steps. IAStream’s audit pages are set up the way you want them during the implementation process, and then remain consistent across your entire team and audit types.
2. Improved communication
No one likes to keep up with email conversations from four months ago. Slack, Teams and similar tools can help, but you still don’t keep these comments and notes attached to your workpapers.
IAStream manages this for you via conversation boxes for both your internal audit team, and your communications with auditees. Always staying within the platform for easy future reference when needed.
3. Interactive dashboards
You no longer need weekly status updates, to be surprised that out an audit is behind scheduled, or wonder if document requests have been sent to auditees.
IAStream’s interactive dashboard gives you a clear, concise, real-time status of your entire audit team. You can even send requests on their behalf if other audits are keeping them busy.