Continuous audits of suppliers or contractors help us keep track of the quality of the goods supplied or work done. Failing to keep track of your supply chain can lead to inferior quality supplies causing further problems, delays, or losses. Let’s have a look at some of the broader reasons […]
Tag: audit management software
6 Effective Tips to Help You Pass Next Compliance Audit
What is the purpose of compliance audits? Compliance audits are critical for all businesses. Organisations, irrespective of their size or industry, have the mandatory obligation to comply with regulations, failing which may result in high monetary and reputational losses. In simpler terms, compliance audits are a way to ensure that […]
Don’t Let Your Audit Non-conformances Fall Through the Cracks
Non-conformance management is not important just because it is required by your audit company, but because it helps improve business processes and aim at organisational growth. Non-conformances negatively affect businesses reputation, cost, efficiency, and effectiveness. Organisations that struggle to manage non-conformances demonstrate that they are not adept at managing risk, […]
Make Sure You Match the Right Auditor with The Right Audit Task
Crucial business functions such as compliance audits must be planned and executed with absolute precision and integrity. A keystone to conducting effective audits is selecting the right auditor, with the right skills and experience, to apply their knowledge and understanding of the processes they are auditing. Businesses that spend the […]
Make The Most Of Your Audit Time And Merge Your Checklists
An audit lifecycle includes planning, scheduling, conducting, taking notes, and reporting the audit. However, as once famously said by Yogi Berra, “In theory, there is no difference between theory and practical. In practice, there is.” The practical approach to conducting audits is quite different compared to the ‘theory’ or the […]
How Audit Software Can Help Achieve Compliance
There are endless challenges posed by auditing systems based on clipboards, printed checklists and spreadsheets. There are the many hours of work in transcribing your notes, flipping backward and forward with your checklists, constantly losing your place, or scrolling to find the right question and the difficulty in finding all […]
Data Analysis of Past Audit Performance Made Simple by Mobiom
Data analysis is the process of evaluating and analyzing data to obtain insights about consistent or changing trends to develop conclusions and support decision making. In order to perform data analysis, the data needs to be captured and available in a consistent manner, and needs to be available for analysis […]
How do you Select the Right Auditor for Your Business?
Selecting the right external auditor for your business is as crucial to your business as the compliance you are needing to demonstrate. Your organisation will likely work with the auditors for many years, and they can play a pivotal role in measuring the success of your organisation. It is therefore […]