Predict360 by 360factors vs. SAP Audit Management

Predict 360 is a powerful tool for businesses that want to make better decisions using predictive analytics. It offers a range of features that can help businesses identify patterns and trends in data, uncover opportunities, and automate decision-making processes. However, businesses should consider their needs and budget when deciding if this platform is right for them.

Incentivized

SAP Audit Management is the absolute best software available for large, multi-national companies that have dedicated internal audit resources. Further, due to the implementation costs, I would only recommend a company to be serious about purchasing this software if external audit expenses were upwards of $2 million per annum. Also, better suited for an organization that already has solid audit procedures in place but wants to integrate them and increase audit efficiency. A company starting from scratch would not value this particular software as much because integration becomes less important in that scenario.

Incentivized

• Project management
• Risk assessment and management
• Streamlining internal auditing

Incentivized

• Limitation only audit SAP system if organization using other ERP system they may need separate audit management tool.
• Expensive for small organization

Incentivized

Considering we use it in biweekly or monthly basis - the product runs very well in every aspect.

Incentivized

I wouldn't say there is a true peer to SAP Audit Management currently available on the market. SAP Audit Management is the only software that is. It is designed by and developed for audit practitioners across the world. Further, the software unlocks the disparate information for Internal Audit departments and supports audit experts in their day-to-day activities with an easy to use. collaborative, and risk-based approach towards audit procedures.

Incentivized

• Has significantly minimized external audit fees for the time our organization has used it
• Has helped meet all the customer-specific requirements highlighted in it's checklist for the time we have used it
• It has integrated numerous audit functions including risk management, access control, and process control

Incentivized