Streamline Audit Workflows and Tasks with Predict360’s Audit Management System
Audits and assessments are an amazing source of business insights and knowledge, but these are often under-utilized. Audits and assessments are complicated and take an extensive amount of time which leads to a lot of inefficiency. The Predict360 Internal Audit and Findings Management Software improves audit scheduling, management, and monitoring and helps your business get the most out of its assessments.
Findings and recommended remediations are individually tracked and assigned to relevant business owners, who can then provide their action plan and expected completion dates.
Request a Custom DemoEasy Audit Automation and Streamlined Processes with Predict360
- Capture and store all audit related information and data in one repository
- View and manage auditing assignments for different team members
- Audit plans, checklists and field data collection
- Notifications for assigned audit dates to ensure timely audits
- Collaboration management for teams working on audits together
- Take corrective and preventive actions directly from the results of an audit
- Provide a complete audit history log of changes and completion dates for evidence
- Integrates with Predict360 Risk and Compliance modules for enhanced audit management, risk assessments, and analytics
- Dashboards that show the status of on-going audits
Managing Internal Audits and Assessments Efficiently is Challenging
- The costs associated with audits and assessments is high
- Audits and assessments take a considerable amount of time to complete, leading to a slow audit cycle
- Businesses do not benefit from audits and assessments because they fail to reveal problems and insights
- Increasing regulatory pressure has resulted in a need for more auditing
- Lack of proper audit management results in audit insights and results getting lost in the clutter
Holistic Audit Management
Predict360 goes beyond process improvements in auditing to provide a holistic audit management solution. Findings and recommendations for remediation are tracked and assigned to the appropriate business owners, who can then provide an action plan and estimated completion dates.
Any sub-tasks (action items) associated with the audit or associated findings can be linked to the audit record, providing a comprehensive project management system that ensures action items are assigned to the appropriate parties and completed on time, while also providing visibility and reporting to managers, executives, and board members.
Why Choose 360factors?
360factors empowers organizations to accelerate profitability, innovation, and productivity by predicting risks and streamlining compliance.
Complete GRC
All the GRC tools you need integrated in one solutionBasic to Enterprise
From simple risk assessment to complete risk register and control testingSpeed & Execution
Insights into your risk program & control effectivenessFast Implementation
The cloud-based solution can be integrated within daysFlexible and Modular
Pick the modules you need for your businessEasy to Use
Automation and an intuitive interface ensure ease of useLearn How 360factors Empowers Customers to Manage Their Risk and Compliance Programs with Ease.
We look forward to working with 360factors to advance our enterprise risk and compliance programs for the bank while increasing the products and services we offer to the community.
Mark Casel Chief Risk OfficerWe selected Predict360 due to its ease of use, banking industry design, and endorsement by the American Banker’s Association.
Eric Sprink President & CEOPredict360’s banking workflows, risk library content, and endorsement from the American Bankers Association are a great fit for our bank.
Julie Dahle EVP and Chief Risk OfficerPredict360’s out-of-the-box applications designed specifically for banks our size along with their banking content was a significant influence in our selection of 360factors.
John Dunne EVP Chief Risk OfficerAs part of our initiative to expand our products and services, we wanted to enhance our enterprise risk and compliance management to support this growth. Predict360 will enable our team to meet these goals efficiently.
David Claussen Chief Risk Officer360factors’ solutions, powered by artificial intelligence, enables our organization to adapt and respond effectively to the ever-changing regulatory compliance landscape.
Joanna Chancellor Business Support ManagerThe powerful features combined with the easy implementation of the cloud solution made Predict360 a great fit for our organization.
Steve Parker Chief Executive OfficerWe believe our collaboration with 360factors and the technology they bring supports our vision for the future.
Gina Anonuevo Chief Compliance OfficerDeploying Predict360 is another step by us towards becoming a more streamlined and efficient organization.
Crystal Barnes Regulatory Compliance Specialist