For internal auditors, the task of understanding business risks, as well as their potential potential impact, can be daunting given today’s global economy and complexity. In addition to identifying risks, you must ensure proper documentation and remediation to avoid costly inquiries from regulators. You also need to evaluate and communicate the effectiveness of risk management programs to the board. With an increasing number of complex processes and functional organizations to coordinate, both internally and with external entities, meeting everyone’s needs is a challenge.
By providing an integrated set of components to engage key issues and mitigate potential risks, The Network’s solutions give internal auditors the ability to:
- Effectively identify and manage risks while addressing various stakeholder needs
- Collaboratively investigate and resolve issues across the organization while communicating to and training employees
- Ensure consistent investigative and resolution practices and workflows
Contact The Network today to learn more about how our solutions can help internal audit professionals effective and efficient.