Avantis Legal Audit Management product helps automate the entire audit life cycle. It ensures standardisation and consistency in audit approach, methodology and outcomes. The product has been designed with global best practices to ensure that the overall audit management experience is world class. It facilitates creation of standard audit templates for various audit types and provides detailed step by step checklist for each audit area.
The solution provides comprehensive dashboards for audit heads and co-ordinators highlighting status of audits / audit items, types of observations and findings. The product brings in tandardisation, consistency, accountability, confidentiality and control in audit tracking and management.
Any large organisation today undergoes multiple audits in any given financial year. These audits can be financial, operational, technology, quality among others and can span across locations and business units. Audits typically involve multiple internal and external stakeholders who communicate extensively and lead to identification of risks and action plans.
