SAP Audit Management

SAP Audit Management Reviews

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Reviews
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İhsan Akkarpuz | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Review Source
SAP is widely adopted and used in Ford Otosan and its supply chain. Since I am a part of Purchasing as Supplier Technical Assistance Engineer, I am mainly involved in quality-related topics to do with supply base all over the world - specifically dealing with Q1 MSA stuff which consists of numerous common items with IATF standards. I strongly recommend my supply base to use SAP Audit Management to be able to keep track of all data that has an impact on Q1 score and manufacturing site assessment performance. By using SAP they basically manage quality, capacity, work in progress in manufacturing, production planning, maintenance, project timings (PPAP) and so on.
  • Safely managing big data involving in many fields like quality, project tracking, and manufacturing-related stuff,
  • Integrating with many other tools widely utilized in plant teams.
  • Ford and IATF auditors used to track down the details with a similar interface, making SAP familiar.
  • New users may sometimes find it complicated getting used to it which requires training tutorials - definitely not the basic ones.
SAP Audit Management needs to be deployed by corporate companies with more than $1B worth if they particularly want to work with big OEMs in a sustainable manner. Otherwise, the things would be difficult to be managed in terms of Q1 and IATF perspective. The targets are set to reach out Industry 4.0 level which absolutely requires continuous data tracking/monitoring features - and without SAP Audit Management it would be pretty difficult.
Considering we use it in biweekly or monthly basis - the product runs very well in every aspect.
March 03, 2020

SAP Audit Management

Score 8 out of 10
Vetted Review
Verified User
Review Source
SAP Audit Management is being in the whole organization. This is integrated adequately with SAP Risk Management, SAP Process Control, and Access Control. It streamlines internal auditing with organizational and industry-standard: It simplifies activities, e.g., creation audit report, documentation of evidence, organization of electronic working papers, log reports system, and user changes and other approvals.
  • Integration with SAP Risk Management, SAP Process Control, and Access Control.
  • Simple user interference and drag and drop option
  • Both on-premise or cloud deployment option
  • Limitation only audit SAP system if organization using other ERP system they may need separate audit management tool.
  • Expensive for small organization
Automated and accelerate the audit processes help the internal auditors to be timely, deliver the audit report. It needless effort and easy to use for preparing audit reports. It Lower audit cost due to the automated process. This software Increase confidence and trust of the organization as well as external auditor of their organization process and helps to protect organization both insider threat and external threat.
This tool helps internal auditors for scoping, risk assessment, resource management, and project management of internal audits. Due to the streamlining and automated audit process, it lowers audit cost and time for auditing. This can be integrated with analytics tools for risk analytics and make KPI of higher management. Issue tracking, audit, and log report generation are very simple.
Jeff Looby, CPA | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source
SAP Audit Management is being used to drive a unified audit management function throughout the organization. One of the benefits of this software is that its design and functionality is particularly geared towards unifying disparate departments and functions towards to common goal of a well-managed, efficient internal control and financial statement audit.
  • Maintains organizational focus on critical business issues
  • Leverages technology to improve internal audit effectiveness
  • Facilities effective management of audit resources
  • Advances trusted advisor relationships with stakeholders
  • Currently an integrated solution - would prefer to see a continuous solution
  • Limited predictive audit functionality
  • The big data functionality is more marketing than reality
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.

SAP Audit Management Scorecard Summary

What is SAP Audit Management?

SAP Audit Management streamlines internal audit activities with mobile capabilities. The product enables documentation of evidence, organization of work papers, and creation of audit reports. It can be deployed on premises or in the cloud.

SAP Audit Management Pricing

SAP Audit Management Technical Details

Operating SystemsUnspecified
Mobile ApplicationNo

Frequently Asked Questions

What is SAP Audit Management's best feature?

Reviewers rate Support Rating highest, with a score of 8.6.

Who uses SAP Audit Management?

The most common users of SAP Audit Management are from Enterprises and the Automotive industry.