OpenPages Internal Audit Management is a software solution designed to help organizations manage their internal audit processes. It provides tools for planning and scheduling audits, tracking audit findings and recommendations, managing workpapers and documentation, and reporting on audit results.
With OpenPages Internal Audit Management, organizations can automate many of the manual processes involved in internal auditing, saving time and increasing efficiency. The software also helps ensure that audits are conducted in a consistent and standardized manner, which can improve the quality and reliability of audit findings.
Some of the key features of OpenPages Internal Audit Management include:
- Audit Planning and Scheduling: The software allows users to create and manage audit plans, schedule audits, and assign resources to audit tasks.
- Workpaper and Documentation Management: OpenPages provides a centralized repository for storing and managing audit workpapers and other documentation, which can be accessed by authorized users from anywhere with an internet connection.
- Audit Findings and Recommendations: The software allows users to track audit findings, recommendations, and follow-up actions, providing visibility into the status of audit issues and helping to ensure that they are resolved in a timely manner.
- Reporting and Analytics: OpenPages provides customizable reporting and analytics capabilities, allowing users to generate reports on audit results, track performance metrics, and identify areas for improvement.
Overall, OpenPages Internal Audit Management can help organizations streamline their internal audit processes, reduce the risk of compliance violations, and improve the overall effectiveness of their audit programs.
OpenPages capability in the area of IAM
Here are some of the capabilities of OpenPages in the area of internal audit management:
- Audit planning and scheduling: OpenPages allows internal audit teams to create audit plans, define audit objectives, and schedule audit activities based on the organization’s risk profile.
- Risk-based audit approach: OpenPages enables internal auditors to prioritize audit activities based on the organization’s risk assessment. This helps to ensure that audit resources are focused on the areas of the organization that pose the greatest risk.
- Audit workflow management: OpenPages provides a centralized platform for managing the entire audit process, from planning and scheduling to execution and reporting. This helps to ensure that all audit activities are properly documented and tracked.
- Collaboration and communication: OpenPages provides tools for internal auditors to collaborate and communicate with stakeholders across the organization. This includes features like commenting, messaging, and notifications.
- Audit reporting and analytics: OpenPages provides robust reporting and analytics capabilities, allowing internal auditors to generate reports on audit findings, track remediation activities, and monitor key risk indicators.
Overall, OpenPages provides a comprehensive suite of tools for managing internal audit activities, helping organizations to improve their risk management capabilities and maintain compliance with regulatory requirements.
About us:
We are Timus Consulting services, a fast growing, premium Governance, Risk, and compliance (GRC) consulting firm, with a specialization in the IBM OpenPages GRC implementation, customization and support.
Our team has consolidated experience of more than 15 years working with financial majors across the globe. Our team is comprised of experienced GRC and technology professionals that have an average 10 years of experience. Our services include:
- IBM OpenPages platform GRC implementation, enhancement, customization, Development / Delivery
- IBM OpenPages platform GRC Training
- IBM OpenPages platform GRC maintenance, and Support
- IBM OpenPages platform staff augmentation
Our team:
Our team (consultants in their previous roles) have worked on some of the major OpenPages projects for the fortune 500 clients across the globe. Over the past year, we have experienced rapid growth and as of now we have a team of 15+ experienced and fully certified OpenPages consultants, OpenPages QA and OpenPages leads/architects at all experience levels.
Our key strengths:
Our expertise lies in covering the length and breadth of the IBM OpenPages GRC platform. We specialize in:
- Expert business consulting in GRC domain including use cases like Operational Risk Management, Internal Audit Management, Third party risk management, IT Governance amongst others
- OpenPages GRC platform customization and third-party integration
- Building custom business solutions on OpenPages GRC platform
Connect with us:
Feel free to reach out to us for any of your GRC requirements.
Email: Business@timusconsulting.com
Phone: +91 9665833224
WhatsApp: +44 7424222412
Website: www.Timusconsulting.com




