Auditing Your Business: Why Use Audit Software?
If you’re toying with the idea of using audit software to help you audit effectively and remain compliant, there are probably a few questions you’re asking yourself. “Is audit software better than a paper-based system?”, “Why should I invest in audit software?” And “how will it help the company reach business goals?” might be amongst those.
Auditing is an essential business activity that involves monitoring, recording and calibrating the operations of different departments within the business. Without an effective audit, it’s very difficult to know how efficiently your business is running and is hard to identify any weak spots.
There can be no doubt that audits are incredibly important, yet so many businesses fail to carry them out in a streamlined and easy way. For this reason, even the mention of the word ‘audit’ can send employees heads into a spin and create a sense of tread that is avoidable with a good audit plan and method. This will likely involve an audit software, depending on the size and needs of your business.
If you’re wondering why you should use audit software, take a look at the best things you can expect from class-leading audit software.
Why Use Audit Software?
1. Your Audit Will Be More Accurate
Paper records can mean things get lost and are very tricky to manage. The idea of an audit is that you can tune in to the finer business details and analyse where things are going well, or not so well.
However, without the correct information, your audit will not be accurate and therefore you risk non-compliance if your records aren’t up to date or fully completed.
As well as helping you keep records safe, an audit software program will notify you when an audit needs to be renewed, which allows you to schedule audits as frequently as is required.
2. You’ll Benefit From International Integration
Depending on whether your business operates internationally, this can be a game changer. Many companies who work overseas will need auditing software in order to consolidate records and keep everything up to date no matter where in the world you’re working from.
International integration means that anyone can use the software, no matter where they are based. It includes multiple languages, time zones, APIs and integrations into other systems that make life a lot easier.
3. You Can Use Audit Software On All Devices
One of the main reasons that people opt for our audit software is the way that it uses cloud technology in order to ensure the system is up and running from anywhere in the world.
When you use audit software, you’ll benefit from full functionality on PCs, tablets, and smartphones including the ability to process data collection and consolidation and schedule and document management all from one easy to use platform. This kind of consolidatory system means that everyone can stay up to date with what’s going on, and receive instant feedback and sign off when you’re working remotely.
4. You’ll Save Time With Audit Software
There’s nothing more frustrating for your employees than having to gather together all of the necessary paperwork for an effective audit. Paper based audits are slow, difficult to maintain and make it impossible to follow up on corrective actions, which is where an audit software gives you quick wins when it comes to time saving.
Unlike a traditional audit, with audit software you won’t need to traipse through all of your records to collate and analyse data. The customisable dashboard on an audit software system makes it easy to see all of your data in one place, meaning that you can easily identify errors, as well as the processes and procedures that need attention.
Are You Ready To Invest In Audit Software?
Beakon Audit Software is used by some of the world’s leading businesses, including highly regulated, high-risk industries. If you think your business might benefit from better and more efficient auditing processes, contact Beakon today to discuss how our Audit Software can help your organisation grow stronger and safer.