TechSource, a wholly-owned subsidiary of Dubai Investments (DI) offering IT domain services, has launched a system which offers integrated, scalable solutions to manage audit processes of any establishment of any size across any sector.

The TechSource Audit Management System facilitates the management of audit process through a range of value-added services that includes planning, scheduling, audit closure logs, check lists, timesheets, resource planning and allocation, audit trackers and analysis reports with charts for management.

A single solution pack, the TechSource AMS modules are effective, easy-to-use and comprise several features that ease the practices followed by audit departments of any establishment by increasing the efficiency and productivity of the entire audit process, a statement said.

 This Web-based system is running live at client locations in the UAE.

“Audit managers are accountable for monitoring risks and ensuring compliance across organizational operations and the role is constantly evolving,” said Venkatesh Mahadevan, general manager of TechSource.

“This requires a common framework for all types of audits – financial, risk, operations, internal, suppliers and compliance. Auditing priorities are determined by an enterprise-level risk-based approach. The TechSource AMS provides easy-to-use powerful functionality, which allows auditors to quickly and effectively deploy data analytics in every audit,” he added.

The AMS delivers reports that can be generated as needed, eliminating time-consuming paper-based processes. The software is also effective in managing the responses of audits conducted at any facility, thus ensuring audit findings are resolved in a timely fashion across the audit lifecycle. – TradeArabia News Service