MetricStream Internal Audit Management enables you to drive an agile internal audit program that is aligned with organizational goals and prepared for multi-dimensional risks, while preserving the trust of every stakeholder. The time spent on sifting through mountains of data to mine insights is significantly reduced. Internal Audit Management, built on the Integrated Risk Platform, is designed to make life simple, enhance productivity, and optimize opportunities that accelerate business performance.
Internal Audit Management
MetricStream Internal Audit Management built on the M7 Integrated Risk Platform - intelligent by design, enables you to drive an agile internal audit program that is aligned with organizational goals and prepared for multi-dimensional risks, while preserving the trust of every stakeholder. The time spent on sifting through mountains of data to mine insights is significantly reduced. Internal Audit Management is designed to make life simple, enhance productivity, and optimize opportunities that accelerate business performance.
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90%
improvement in time spent on audit review.
Business Value Delivered
Strengthen collaboration across the three lines, optimize productivity, and boost the board’s confidence with improved visibility into risks and potential opportunities. Drive exceptional business performance by aligning audits to strategic imperatives, objectives, and risks. Increase agility and collaboration by standardizing the audit execution methodology across teams.
BUSINESS VALUE CALCULATORKey Features
Dashboards and Reports
Risk Assessment
Audit Planning
Audit Execution
Customer Experience
One of our biggest risks is responsible gaming risks. GRC technology can help us a lot in tracking this risk instantly, and taking measures to mitigate it.
Marisa Melliou
Group Audit Director
OPAP
Prior to moving to MetricStream, it generally took 1-2 weeks to get the management report ready. By streamlining the process in Metricstream, utilizing inherent workflow around approvals and rejections, and modifying our existing landing page to incorporate that particular report directly for our issue users, we have reduced the timeframe from 1-2 weeks to 1-2 hours.
Knute Ohman
Vice President, GRC Program Manager
TCF Bank
Better Insights.
Better Decisions.
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Measurable Outcomes
Drive exceptional business performance by aligning audits to strategic imperatives, objectives, and risks. Increase agility and collaboration by standardizing the audit execution methodology across teams.
MetricStream Internal Audit Management helps plan, manage, and track internal audits with ease and efficiency. The product streamlines audit planning and scheduling, as well as the execution, review and analysis of audit findings, creation of the final audit report, and follow-up activities. Monitoring of the audit process is enabled and external auditors and regulators are provided with access to audit data. MetricStream Internal Audit Management is an intelligent, risk-based approach to internal auditing that prioritizes audit tasks and resources based on the areas of highest risk and enables better collaboration across audit teams.