What is Audit Management?

Audit Management refers to the processes and tools used to systematically evaluate and improve an organization's risk management, control, and governance processes. It involves planning, executing, and reporting on audits to ensure compliance with regulations, internal policies, and industry best practices. Audit management software helps automate various aspects of the audit lifecycle, including scheduling audits, tracking findings, managing documentation, and generating reports. This ultimately leads to improved efficiency, transparency, and accountability within the organization.