Question
Do I need to buy both the internal audit and the risk management functionality?
Answer
You can have even more impact over the success of your control environment when you work closely with the enterprise risk team. Ideagen lets you do this better than ever before.
Question
Is it suitable for any size of team?
Answer
Yes. Ideagen is flexible to any way you work. You might be one team that covers both audit and risk. You might be separate teams, big or small. Ideagen is flexible and affordable for any shape and size of organization.
Question
Independence is important for internal audit – will that be compromised if the enterprise risk team is working in the same environment?
Answer
Not at all! You have control over access and permissions. So each person has a user profile that suits their role and responsibilities. The important thing is that you can very easily share the data, findings and actions that matter in one system with no duplication of effort.
Question
What jurisdictions does it cover?
Answer
Ideagen Internal Audit and Risk Management is able to cover all the standards and regulations that govern your business – jurisdiction, industry and corporate.
Question
Does it cover the latest global standards from the IIA?
Answer
You can work to the latest Global Internal Audit Standards in Ideagen. You can also work to any other audit and risk framework you need to, including COSO, ESG and SOX.
Question
Will we require a lot of extra customization work?
Answer
Ideagen is flexible and intuitive when it comes to configuration – so you’ll save time and resources on tasks that might need consultancy services with other providers. For example, custom fields, notifications and questionnaires can easily be tailored through self-guidance with no special training.