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Audit Action Manager

About CoreStream Audit Action Manager

Whether performed internally or by an external organisation, the key to ensuring that audits return value for an organisation is in ensuring that findings are turned into real actions to drive the change that is required. In many situations, auditors or external regulating entities may insist on seeing proof that actions are being carried out, including interim status updates, and may even require proof that a structured approach to action management is in place.

Such is the complexity of today’s regulatory environment, that the number of audits, and therefore the actions stemming from them, is continually on the increase.

CoreStream Audit Action Manager is a flexible technology platform for managing these actions, and crucially, making the task of action owners providing updates as straight forward as possible.

Features

CoreStream’s Audit Action Management software contains the following features:

  • A centralised register of audits, audit findings and related actions.
  • Workflow to track the completion of audits and any related actions.
  • Automated alerts and notifications to remind owners to provide updates on their audit actions.
  • Real-time reporting dashboards to review the progress of audits and drilldown into high priority findings.

Benefits

The key benefits of CoreStream’s Audit Action Management platform are:

  • Reduces the administrative burden on your audit function.
  • Provides real-time insights into the progress of action resolution across your business, without error-prone manual data manipulation and reporting.
  • Provides full control over data privacy, whilst enabling targeted dissemination of audit action content.
  • Highly customisable offering, providing the capability to adapt to a variety of audit environments and in any industry setting.