TrustRadius Insights
Users of LARS have expressed high satisfaction with the software, finding it to be an excellent solution for their audit management needs. …
Starting at $25,000 one-time fee
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Basic
$25,000
Cloud
one-time fee
Entry-level set up fee?
- No setup fee
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
Product Details
- About
- Tech Details
What is Laser Audit Reporting System - LARS?
Laser Audit Reporting System - LARS Features
- Supported: Alerts/Notifications
- Supported: Audit Planning
- Supported: Compliance Management
- Supported: Dashboard
- Supported: Forms Management
- Supported: Issue Management
- Supported: Mobile Access
- Supported: Risk Assessment
- Supported: Task Management
- Supported: Workflow Management
Laser Audit Reporting System - LARS Technical Details
| Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Web-Based, Windows |
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TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!
- Business Problems Solved
- Pros
- Cons
Users of LARS have expressed high satisfaction with the software, finding it to be an excellent solution for their audit management needs. The ease of use and user-friendly interface have been consistently praised by users across various industries. Additionally, the software's training and technical support have received positive feedback, making it easy for users to learn and navigate the system effectively.
One key use case of LARS is its ability to meet the comprehensive requirements of users, providing them with a complete audit management solution. By offering features such as customizable audit working papers repositories, users can easily create a centralized database for future reference. This has proven to be highly beneficial in streamlining audit processes and facilitating efficient collaboration among team members.
Another essential use case of LARS is its standardized reporting templates and audit programs, which greatly enhance time management for audit projects. Users have reported significant time and effort savings through the utilization of these templates, allowing them to generate comprehensive reports quickly and accurately. This not only ensures consistency throughout the auditing process but also enables auditors to focus more on analyzing findings and implementing necessary recommendations.
Moreover, LARS has demonstrated its versatility by delivering a range of benefits to its users. These include increased operational efficiency, faster implementation of audit recommendations, and overall time savings. By providing a total solution for audit requirements, LARS has become an indispensable tool for over 500 daily users across different industries who rely on its capabilities to streamline their auditing processes effectively.
Customizable Tracking System and Data Request Feature: Users have praised the fully customizable tracking system and data request feature of LARS, with multiple reviewers highlighting its simplicity and ability to provide a full lifecycle on audit, risk, and internal controls management.
User-Friendly Interface and Easy Setup: Many users appreciate the user-friendly interface of LARS, stating that it is easy to understand and work with at all managerial levels. The tool also offers an easy master setup feature, allowing for quick deployment.
Excellent Workflow Audit Management System: Several reviewers have commended the excellent workflow audit management system in LARS. They appreciate its flexibility to manage audits online or offline, providing them with necessary flexibility. Additionally, they highlight the wide range of supported data types, including emails, as a valuable feature.
Outdated and Not User-Friendly Interface: Several users have expressed dissatisfaction with the user interface of LARS, stating that it is outdated and not user-friendly. This has made it difficult for them to navigate the system and perform tasks efficiently.
Limited Template Fields for Compliance Audits: Some users have found the number of fields in the templates for compliance audits to be limited. They feel that this limitation hinders their ability to capture granular details, which can be a drawback for certain users who require more comprehensive information.
Lack of Built-In Data Analytics Features: Reviewers have mentioned that LARS lacks built-in data analytics features, which could be valuable for analyzing audit data and generating insights. This absence limits the system's capability to provide advanced analytics services, making it less appealing for users seeking robust data analysis functionalities.