APEX

APEX has been designed based on close analysis of complex audit management scenarios in reputed Audit Institutions. APEX enables you to assess risks organization wide. Inbuilt reports and dashboards highlight high priority areas and help you to assign audit resources in keeping with the prioritization. APEX tracks audit entities in various ways including the sectors they belong to, the risks they are subjected to and also based on the audits they have undergone and the results of past audits.

APEX Benefits

APEX addresses major pain-points associated with managing an Audit Organization or Department. Creating an Audit Plan is as easy as using the Gantt Chart interface to assign Audits and Teams to plans. Standard Audit Forms used across the organization are automatically copied into the Working Paper area for each audit. Assignment of team to audits is aided by Staff Management features that inform the Audit Management about Auditors’ availability, skills, experience and training levels. APEX includes one of the industry’s most advanced Work Paper Management Systems, enabling your organization to work from within Microsoft Office and collaborate using a central Web/Intranet component.

Features

Audit Planning

• Org Structure Management
• Audit Staff Management
• Auditee Management
• Time and Budget utilization
• Risk Based Prioritization
• Plan Generation

Plan Monitoring

• Dashboards and tabular reports
• View Audit Status
• View Plan Progress
• View Time and Budget utilization
• View Complete Audit History
• View Audit Calendar in Microsoft Outlook

Audit Execution

• Generation of Work Orders
• Updating of Audit Status
• Audit Work Breakdown
• Audit Programs
• Audit Task Assignment
• Management of Findings
• Follow-ups
• Recommendations

Risk Assessment

• Based on Organization Strategy
• Risk Register and Controls Assessment
• Dashboards

Working Papers

• Work Papers for every Audit
• Collaborative Editing
• Approvals and Sign-offs
• Work Paper Versioning
• Auditee Archive
• Audit Documents