Audit Management

Optimizing your assurance services
with Archer

With limited resources and increased responsibility, your internal audit department can struggle to deliver strategic leadership, coordinatedassurance, and other services your organization needs. Faced with a rapidly changing regulatory and risk landscape, your internal audit
strategy may not readily adapt to these changes. While internal audit is usually considered a compliance function, now dynamic riskplanning should be incorporated into approaches and results.
Existing approaches, tools, and expertise usually deliver point-in-time, static audit planning. Decentralized documentation captured in
multiple tools and systems makes it difficult to integrate, and there is often limited coordination of objectives among risk, compliance,and audit groups.
With Archer, your audit management efforts can transform into a strategic advantage for your organization.

Proactive decision-making: Using a risk-based audit approach, you can collaborate
with risk and compliance to prioritize audit efforts based on your organization’sbusiness priorities.
Agility within the business: Controlling the complete audit lifecycle enables
improved governance of audit activities and integrating with risk andcontrol functions.
Improved performance: Consolidating the process in one system allows effective
management of audits.

A risk-based approach to audit management focuses efforts on
the most important areas of your organization, reduces costs, andensures management assurance controls are effective.

Audit Management | 2

How does Archer Audit
Management help you?

Purpose Built
for Audit Management

Archer Audit Management transforms youraudits with a risk-based approach.
Enhance control over audit lifecycles with asingle system for all audit management needs.
Enable collaboration across functions to enable
your audit team to collaborate and share data
across business, risk, and compliance functions.
Improve visibility with aggregated data andanalytics into key risks and underperforming
controls with access to information from acrossyour business.

ORCHESTRATE YOUR AUDIT
MANAGEMENT PROGRAM
Archer Audit Management puts you incontrol of the complete audit lifecycle,
enabling improved governanceof audit-related activities whileproviding integration with risk andcontrol functions.

INTEGRATE INTO YOUR SYSTEMS
Archer streamlines your entire
audit program within a single
system, using multiple methods tocollect data from internal systems.

ENGAGE YOUR BUSINESSINFORM YOUR BUSINESS

Archer enables your audit teams tocollaborate with functions acrossthe business for impactful, riskfocused audits. This improves thevisibility of audit activities for yourbusiness stakeholders.

Real-time dashboards andreports provide insight into thecomplete audit lifecycle, enabling
improved governance of auditrelated activities.

Audit Management | 3

Experience matters when it comes to managingrisk. Over the past 20 years, Archer has built areputation of leading the industry - deliveringsolutions to emerging challenges while helping
our clients build a strong, sustainable integrated
approach to risk management.

Support for Your Entire Audit
Management Program
FLEXIBLE, NO-CODE CONFIGURABLE PLATFORM

Archer Audit Management provides a centralized
system to house and catalog all issues raised
by internal audit, risk and compliance teams, ormanagement. Our solution offers a holistic viewof issue significance and remediation status for
all teams.

Archer Audit Management transforms your audits with a risk-based approach.

Internal audit can leverage control testing andrisk assessment and mitigation by other teams
to evaluate the current status, quality, andeffectiveness of risks and controls. This reduces
redundancy of tracking findings and remediationplans, drives efficiency, and delivers
transparency and trust throughout
the organization.

• Improve the productivity of your audit team.

• Control your entire audit planning lifecycle.
• Scope and execute audit engagements.
• Create a coordinated and consolidated view into known issues.

• Centralize audit work papers and evidence.
• Optimize resources across multiple audits.

Download an eBook about
Archer Audit Management

Audit Management | 4About Archer
With more than 20 years of experience, Archer is solely dedicated to helping organizations manage risk,ensure compliance and meet emerging challenges that may stand in the way of success. Working withthe largest pure risk management community globally, we partner with more than 1,200 customers of all
sizes and industries. At Archer, we help our customers not by building a wall around their business but bybuilding a bridge to their next opportunity.
For more information, visit www.ArcherIRM.com.

@ArcherIRM

Archer Integrated Risk Management©2024 Archer Technologies LLC. All rights reserved. Archer and the Archer logo are registered trademarks or trademarks of ArcherTechnologies LLC in the United States and other countries. All other trademarks are the property of their respective owners. Archer
believes the information in this document is accurate. The information is subject to change without notice. 05/24