Oxial sGRC Audit module
Automate audit tasks, save time and reduce cost.
Features
Centralised and collaborative audit management
Oxial sGRC Audit is an efficient, collaborative solution that streamlines and automates the complete enterprise-wide audit management process. Oxial sGRC Audit centralises audit management on a single agile framework; thereby reducing the cost of audit preparation and execution, ensuring adoption and maintenance of established best practices, optimising resources, reducing audit workload, as well as eliminating audit errors and inconsistencies. Built-in checks ensure that all issues identified are reported and tracked. Oxial sGRC Audit Audit provides an all-inclusive view of the audit management process, enabling organisations to rapidly evolve and optimise audit practices on a continuous basis.
Risk-based and business-aligned
Oxial sGRC Audit provides insight into key business risks and identifies emerging risks within the organisation. Auditors can then create audit plans and recommendations aligned with the organisation’s level of risk.
Proven ROI
The cost of audit assignment is easily justified and proven economically by the gain from the potential or real loss of the identified risk.
Resource optimisation
Oxial sGRC Audit creates comprehensive audit assignments by efficiently mapping people, assets and processes. Internal audit managers can optimise resource use, shorten the audit cycle and improve audit effectiveness.
OXIAL Office
Oxial sGRC Audit Office provides auditors with the flexibility of Microsoft Office tools while using OXIAL Audit to centrally manage all audit activities. Auditors can write their work papers, findings, recommendations, action plans and assignment reports directly in Microsoft Word and Excel file formats, and then quickly import the data automatically from Office into Oxial sGRC Audit.
Follow audit recommendations
Oxial sGRC Audit provides powerful tracking features for both auditors and auditees to efficiently follow the recommendation status and dedicated action plan, using a real-time alert system and easy-to-understand dashboards.
Full accountability
Oxial sGRC Audit executes audit plans and delivers full accountability and traceability. Tasks are allocated to auditors, projects managed and budgeted, and costs captured, whilst action plans and controls can be created to implement recommendations.
Work remotely with OXIAL Anywhere
Oxial sGRC Audit’s mobile option allows users to carry out their tasks offline on remote sites, re-synching with the central application when the network becomes available.
Intuitive and user-friendly Full Web interface
Oxial sGRC Audit has an easy-to-use, task-driven Web interface that can be quickly adopted by users. Multiple views and dynamic links between risk, control and audit data make information quick to access in only a couple of clicks.
Automatic and standardised audit reports
Oxial sGRC Audit enables auditors to create reporting templates, saving time and standardising the audit process. Oxial sGRC Audit comes equipped with a suite of pre-built granular and high-level reports. Customers can also create and launch their own custom reports using the open-source reporting tool iReport.
Both on-site and SaaS deployment
Oxial sGRC Audit is available in both deployed and SaaS fully-managed installation modes. Our SaaS offer minimises total cost of ownership and comes with a comprehensive Service Level Agreement providing a guaranteed return on investment. This enables customers to focus on their business operations while reducing costs and risks.
