May 3, 2015

The 3 Biggest Benefits of Audit Software

When people think about an audit, most will imagine IRS-type inspectors searching logbooks and records for any discrepancies and underhanded dealings. Although this is the kind of audit that you may regularly see in movies, it isn’t that far off from what software auditing tools actually do—it’s just that these tools do their job in a less flashy and mostly inconspicuous manner. Here are three of the most prominent benefits you’ll receive when your auditors use this type of software:

Performance evaluation

Do you wonder how productive a certain auditor is? With audit software, you can track each auditor’s effectiveness at their job. What’s more, you will be able to view your audit log on a regular basis.


Troubleshooting

Using audit software can spell wonders for tracking when and where a problem occurs. Such software can track all changes made and the people involved as well as provide a summary of the problem.

Clarification

With your current system, do you find that some of your employees are struggling to work on the same page? Audit software allows you to check the audit logs and view what each employee is doing differently. With this information, you can open a dialogue with your employees to discuss such topics as: their differing procedures; establishing and implementing a better procedure; and how to use the system cohesively.

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