Audit & Compliance Management

QuickControl automates steps within control lifecycle to improve control effectiveness, reduce risks,

enhance compliance while minimising manual effort and reducing errors

  • ​​Reduce Audit Costs by 70%
  • Pre-built library of 60+ Security Controls for Policy Compliance.
  • Complete Audit Engagement Management Solution including RCM Maintenance, Audit Engagement Planning and Scoping of GL Accounts.
  • Manage multiple Regulatory Policies and Compliance procedures on a single platform.
  • Automate and streamline Audit Procedures by eliminating manual/repetitive tasks.​
  • Control Performance Monitoring, Exception Tracker and Management Dashboards for better risk-based decisions.
First slide

Continuous Preventive Control

Definition, Performance Monitoring and Reporting​ factors contributing to an Effective Control Framework.

First slide

QuickControl - A Comprehensive Solution

1. Audit Planning​
  • ​​QuickControl has a Client-Company-Engagement One-to-many architecture.
  • Facilitates standardising RCM across entities at the same time enabling configuration at the individual entity level.
  • Enables evidence management, sample size configuration, test procedure mapping and automated notifications.​​
  • Facilitates audit planning, team management across diverse locations, and for various business processes and applications.
2. Control Performance​
  • ​​Allows scheduling performance of controls according to the frequencies.
  • Automated reminders for control performance​
  • Enables documenting control performance and monitoring.​​​
3. Audit Performance​​
  • ​​Digital workpapers for control testing.
  • Workflow based review mechanism​.
  • Integrates with SAP®, QuickAudit, BControl databases for auto population of evidences for automated controls.​​
  • Facilitates two step testing of controls with respect to Test of Design and Test of Operating effectiveness.​
4. Audit Issue Tracker
  • Enables documentation of Audit observations/exceptions.
  • Allows documentation of management comments, exception resolution and tracking of observation till closure.​​
  • Reports and dashboards allow monitoring of controls at various stages in the audit lifecycle.​​​

Case Study

One of the largest Chemical Companies in India with Operations in India, Europe, North America and Africa

  • Client needed a tool to manage its internal audits.​​
  • Multiple divisions and subsidiaries made planning and monitoring internal audits difficult for management.
  • Audit processes carried out over email and spreadsheets made it a challenge to maintain a consistent audit trail.
Our Role And Value Delivered​
  • Implemented and configured the QuickControl tool after understanding the requirements and dimensions of the client.
  • Imparted training to all stakeholders in the audit process and the auditees.
  • Tailored dashboards and reports according to the client’s business needs. Integrated PowerBI with the QuickControl tool to provide dynamic dashboards.​​
  • Provided management level overview for all ongoing audits within the tool.​​