Audit Automation Software

Audit Automation Software: AI GRC for Internal & External Audits

Seamless Audit Readiness with AI GRC

Manual audits are slow, expensive, and a drain on resources. Risk Cognizance GRC transforms this tedious process with powerful Audit Automation Software, turning audit readiness from a stressful, annual event into a continuous, real-time function.

 Our AI-powered GRC platform integrates compliance, risk, and security, providing the governance risk and compliance solutions necessary for a faster, more efficient audit cycle.

This comprehensive GRC software platform is designed for CISOs, audit teams, and compliance managers who need reliable, instant proof of control effectiveness. By eliminating manual evidence collection and centralizing documentation, our GRC tool ensures you are always ready for internal and external reviews, allowing your team to focus on strategic growth.

The Power of Continuous Control Monitoring

The core of effective audit automation is continuous visibility. Our Audit Automation Software leverages deep integrations to monitor your entire tech stack 24/7, providing real-time assurance that controls are operating as required.

Key features of our Audit Automation Software:

• Continuous Control Monitoring (CCM): Automatically check the operational status of controls across your cloud, HR, and IT systems. Get instant alerts when a control fails or drifts, enabling proactive remediation.
• Automated Evidence Collection: Eliminate the "screenshot scramble." Our platform automatically collects and maps evidence (logs, configurations, policies) to specific controls for multiple frameworks, drastically reducing auditor inquiry time.
• Integrated Internal Audit Software: Plan, execute, and report on internal audits directly within the platform. Our Internal audit software manages audit workflows, issue tracking, and remediation tasks in one place.
• Audit-Ready Reporting: Instantly generate clean, centralized, auditor-friendly reports and dashboards. Provide secure, read-only access to auditors, streamlining the fieldwork process and minimizing disruptions to your business.

20k+

Workflows Automated

+25%

Task efficiencies gained

$250k+

Annual savings through automation

*Based on Risk Cognizance customer case studies.

Unified GRC Solutions for Multi-Framework Audits

Effective Automation Audit Manager Software must handle the complexity of multiple compliance requirements. The Risk Cognizance GRC Suite cross-maps controls and evidence across frameworks, so one action provides assurance for many standards.

Our unified governance risk and compliance solutions simplify major audits:

• Multi-Framework Support: Use the same evidence for multiple certifications, including SOC 2, ISO 27001, HIPAA, and GDPR. This integration provides efficient compliance automation software.
• Risk-Based Auditing: Our integrated risk management software links audit findings directly to your risk register, ensuring audit efforts are prioritized based on the highest-impact threats to the enterprise.
• Policy Management & Attestation: Automatically track employee review and acceptance of security and compliance policies, providing essential evidence for control enforcement.
• Third-Party Assurance: Manage vendor compliance checks and collect security documents using our Third-party risk management software, ensuring vendor controls are audit-ready.

Risk Cognizance: Leading Audit Management Solutions on Gartner Peer Insights

Risk Cognizance delivers powerful audit management solutions that streamline workflows, enhance compliance, and improve risk visibility. Our platform connects data and teams to strengthen governance, boost alignment, and enhance organizational resilience. Trusted by the Fortune 500 for SOX, internal controls, audit management, compliance, and risk management

What is Audit Automation Software

Audit automation software uses technology like AI and data analytics to streamline the auditing process by automating tasks like data collection, analysis, and reporting. This improves efficiency and accuracy by reducing time spent on manual work and helping to identify risks. 

What It Does

Automates workflows
Streamlines the entire audit process, from planning through final sign-off, by automating repetitive steps.

Improves data handling
Collects, organizes, and analyzes large datasets to identify anomalies and potential risks efficiently.

Enhances accuracy
Minimizes human error in data entry and analysis through automation and AI-driven validation.

Delivers real-time insights
Uses advanced analytics to surface risks faster and provide timely decision-making support.

Ensures consistency
Guides teams to follow standardized procedures, resulting in consistent and repeatable audit outcomes.

Key Features

Risk-based approach
Identifies, assesses, and documents risks throughout each phase of the audit using intelligent models.

Data integration
Seamlessly connects with accounting systems to import critical data such as trial balances and financial records.

Customization
Supports configurable audit methodologies, templates, and working papers using familiar tools like Word and Excel.

Built-in quality control
Ensures all identified risks are addressed before final sign-off, improving audit quality and compliance.

Template reusability
Allows teams to use previous audit files as templates, saving time and standardizing future engagements.

By choosing Risk Cognizance GRC, you gain a powerful GRC platform that standardizes audit processes, minimizes compliance costs, and ensures you always have a defensible security posture. It’s the ultimate GRC tool for achieving continuous audit assurance.

Recognized as a

GRC Software Leader