The multiyear audit planning feature automates and optimizes audit planning, enabling users to manage audits over multiple periods. By leveraging organizational data already stored within TeamMate+, the tool lets users develop a forecasted audit schedule, while allowing for adjustments based on professional judgment and documentation of rationale.
The business rules engine provides in-context guidance for end users, promoting adherence to established organizational standards, mitigating data inconsistencies and reducing reliance on reactive quality checks to help audit teams ensure data integrity throughout the audit cycle.
"These new features reinforce Wolters Kluwer's commitment to supporting the evolving needs of audit and control functions," said Charlene Noll, director of product management with Wolters Kluwer Audit & Assurance. "Multi-year audit planning and business rules engine empower teams to better navigate complex regulatory environments, maximize resource efficiency, and uphold high standards of data governance. These enhancements are designed to provide audit leaders with the tools they need to make informed, strategic decisions in a timely manner."
The new capabilities will be available through the TeamMate+ platform, currently live in 150 countries and available in 19 languages.
Wolters Kluwer released TeamMate+ in
Wolters Kluwer recently announced a raft of
