AUDIT MANAGEMENT SOFTWARE SYSTEM
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What is ComplianceQuest’s Audit Management Software?
Audit management is becoming increasingly challenging, given the growing complexity of businesses and the number and types of audits that need to be conducted. For almost all industries, including highly regulated companies, periodic audits are necessary to comply with regulations and to ensure product safety, quality and customer satisfaction. Companies are, therefore, fast realizing that point solutions, manual spreadsheet-based systems or antiquated systems that have not kept up with the current consumer business or technology requirements, no longer help manage internal audit programs. CQ comes with an audit management software which addresses these issues.
CQ-Audit management software has risk assessment capabilities throughout the audit process. The risk profile of an audit is initially captured during the audit planning phase. The auditor further ensures that the risk is reviewed as per audit findings. The responses are then assessed and any CAPA actions taken are reviewed for risk mitigation.