Audit Management Software

A centralised audit platform that improves the quality of your audit data
Xactium Audit provides internal auditors with a modern and intuitive platform on which to manage tasks across every stage of a typical internal audit process including the creation of an Audit Universe, Audit Planning, Fieldwork, Review & Findings and Reporting.

Xactium Audit is an integrated module within the Xactium Risk product suite, together with risk and compliance management systems.

Benefits

Usability:  An intuitive, user-friendly interface making it easy for even casual users to find the information they are looking for and update information with ease.

Flexibility & Scalability:  Fully adaptable and configurable to meet internal business process requirements while also having the ability to grow with your organisation over time.

 

Insight: Enables accurate, real-time reporting providing deep insight into audit activities across the organisation.

 

Clear Ownership:  Every record in the system, whether it be a risk, control or action, is assigned to an appropriate individual, to ensure ownership is transparent.

 

Increased Efficiency: Incorporates automated workflows to help streamline processes, reduce time spent on administrative tasks and ultimately reduce costs to the business.

 

Risk Information: Real time access to all the risk, controls and assessment information contained within the integrated Risk system.

Request an Xactium Audit Demo

Find out more about how you and your organisation can benefit from incorporating the Xactium Audit system.

Once you have submitted the form a member of our sales team will be in touch shortly to make further arrangements.

Xactium Audit provides internal auditors with a central platform on which to manage tasks across every stage of a typical audit process; creation of an audit universe, audit planning, fieldwork, review & findings and reporting.

This brochure provides a detailed overview of the key features and benefits of our audit management application.

Services

Xactium’s full lifecycle of services enables you to plan, design, configure, maintain and effectively embed an enterprise GRC system.
Read More

QuickStart

The Xactium QuickStart package has been designed to get you up and running quickly and easily on the Xactium Audit platform.
Download Now
Audit Quickstart

Key Features

Xactium Audit software allows companies to manage audits in a centralised platform providing organisations with valuable insights through it’s powerful reporting capabilities.
The key features detailed below provide an overview as to how our auditing software can help centrally manage every aspect of your audit process.
Audit Creation
Audit Creation
Audit managers can create individual audits with ease thanks to the audit creation wizard which ensures key information is captured consistently for every audit.
Audit Universe Creation
Audit Universe Creation
Our audit management software enables organisations to create an audit universe of auditable entity records, which can then be assessed centrally to audit their need and priority.
Audit Planning
Audit Planning
Create quick and simple audit plans which can be linked to relevant auditable entities for review.
Fieldwork
Fieldwork
Access an organisation’s Risk Control matrix pulled directly from Xactium Risk.
Testing Controls
Testing Controls
Once the effectiveness of a control has been assessed, testing controls allow an auditor to centrally log all testing details and attach supporting documentation and additional evidence.
Issue Logging
Issue Logging
Issues identified during control testing can be captured against a record and assigned to an appropriate individual to take further action.
Findings and Action Tracking
Findings and Action Tracking
Capture Audit Findings, create actions (or tasks) and log issues against these findings. Actions can also be linked to an appropriate risk and control stored in the Xactium Risk system, providing visibility of audit activity to the risk owner.
Approval Process and Workflows
Approval Process and Workflows
Xactium enables audit managers to create an approval process and workflows, to ensure findings and associated actions and issues are addressed and closed as promptly as possible.
Real-time Audit Reports & Dashboards
Real-time Audit Reports & Dashboards
Xactium Audit gives audit managers the flexibility to report on all fields within their audit system in real-time, giving audit managers the confidence that they are presenting up-to-date information.
Export to Microsoft Office
Export to Microsoft Office
Xactium Audit is capable of exporting data into predefined templates in Word, Excel or Powerpoint, in order to generate sophisticated qualitative reports for your organisation.
Need Assessment Calculation
Need Assessment Calculation
Perform need assessment analysis via a configurable inherent risk and control assessment wizard.
Integrated Product Suite
Integrated Product Suite
Xactium Audit is fully compatible with the Xactium suite which includes Xactium Risk and Xactium Compliance, providing organisations with a seamless connection across all areas of GRC.

Our Customers

We have implemented Xactium Risk into a wide range of organisations within the financial services sector including banks and building societies, debt management, insurance and investment management companies. Our software is also trusted and used by the Financial Conduct Authority (FCA) itself as a risk management solution. Have a look at just some of our customer stories below.