The MetricStream Internal Audit software helps you document, manage, and assess risks across the organization by leveraging a centralized risk framework. Board of Directors can gain visibility into the risks associated with auditable entities along with previous audit history through Audit and Risk Advisor reports. It supports efficient establishment of internal controls and internal control processes and the planning of audits with a focus on key risk areas, ensuring optimum utilization of available resources.
MetricStream Internal Audit helps you define and maintain the audit universe including auditable entities (such as business units, functions, and processes) and common libraries of risks. You can define complex hierarchical structures leveraging the product’s multi-dimensional organization structure (MDOS) setup.