Your present approach to audit is rather compliance- and more reactive than constructive. However, this ensures that the team cannot concentrate on helping the company identify future challenges and prospects, because you invest a majority of the effort analyzing previous control results.
Through adopting a risk-based strategy and working with risk and regulatory agencies, you will incorporate the correct risk perspective into the evaluation of the company and operational controls ‘most sensitive areas. It also helps you to concentrate on key management plans and demonstrate the importance of the organisation’s audit department.
With RSA Archer, you will truly align risk to the market in order the development and income enhancement priorities of the management team, and lift danger discussion to success discussion. No one provides you the tools to effectively leverage your audit feature more than RSA Archer from early stages of development to program maturity.