Implement SAP Audit Management to transform your audit process!
SAP Audit Management is one of the most effective tools for auditing the SAP system. The business problems it solves include risk …
Overview
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.
Recent Reviews
Awards
Products that are considered exceptional by their customers based on a variety of criteria win TrustRadius awards. Learn more about the types of TrustRadius awards to make the best purchase decision. More about TrustRadius Awards
Pricing
N/A
Unavailable
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.
Entry-level set up fee?
- No setup fee
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
Would you like us to let the vendor know that you want pricing?
35 people also want pricing
Alternatives Pricing
What is ObservePoint?
ObservePoint’s Web Governance platform automates website scans, from the highest traffic pages and user paths to the dark corners of a company’s web presence. The software provides the ability to see what’s performing below acceptable standards, trace it back to the source, and quickly see a path…
What is OneTrust GRC & Security Assurance Cloud?
Based on technology acquired from Tugboat Logic and Shared Assesments by OneTrust, the OneTrust GRC and Security Assurance Cloud brings resiliency to organization and supply chain amidst continuous cyber threats, and global crises.
Product Details
- About
- Tech Details
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 Video
Depending on what you're in need of tracking and reporting - audit management software is here to help. AuditBoard, Hyperproof, and SAP Audit Management all represent the best the industry has to offer in the way of solutions to audit needs.
SAP Audit Management Technical Details
| Operating Systems | Unspecified |
|---|---|
| Mobile Application | No |
Comparisons
Compare with
Reviews and Ratings
(9)Attribute Ratings
Reviews
(1-4 of 4)Companies can't remove reviews or game the system. Here's why
SAP Audit Management is one of the most effective tools for auditing the SAP system. The business problems it solves include risk assessment, resource management, scoping, internal audits, and project management. It also minimizes audit time and costs by streamlining and automating the audit process. In short, SAP audit Management integrates the audit management function across the organization.
- Project management
- Risk assessment and management
- Streamlining internal auditing
- The data functionality could be made more praactical
- New users may find it more complicated to use, so its navigation could be simplified to ensure the best experience for everyone
- Integration with SAP Process control and SAP risk management
- Mobile features and drag and drop tools
- Resource planning
100%
10.0
90%
9.0
100%
10.0
86.66666666666666%
8.7
- 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
March 03, 2020
SAP Audit Management
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
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
- Lower audit cost due to streamlining of the audit process and reporting.
- Integration of risk management, process control, and access control.
- Can be integrated with analytics tools for proper analytics.
- If an organization using multiple ERP systems, this tool is not much useful.
- For SMEs, it is more expensive to manage.
- Access Auditor, Hillstone Security Audit Platform (HSA), Identity Audit & Compliance Manager, Specops Password Auditor and McAfee Policy Auditor (formerly Hercules Policy Auditor)
SAP Audit Management tool, no doubt, is the best audit management tool for auditing the SAP system. But when an organization uses a different ERP system may be SAP Audit Management software is not sufficient. They may need other tools provided by specific audit activity e.g., for password audit, Specops can be used where for organization policy, we can use McAffee Policy Auditor.
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.
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
- SAP product aids in following up on the assignments of our annual MSA audits.
- The user-friendly interface makes our meetings more efficient and saves time.
SAP is definitely ahead of its competitors thanks to meeting all big OEMs customer-specific requirements in its checklists.
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
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
- Lowered external audit fees by 12% per year for three years (compounded efficiencies)
- Reduced headcount in global internal audit function by 8% (occurred while growing the international internal audit function)
- Improved morale during preparation and execution of audit procedures
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.