Because the software automates and speeds up the audit process – freeing up internal auditors to adopt a more strategic, advisory role. Leverage the power of the SAP HANA in-memory database, integrate with other governance, risk, and compliance (GRC) solutions, and align internal audit with overall business goals.
Solution Insight: Winterhawk spoke to SAP’s Michael Heckner, Senior Director EMEA Center of Excellence for GRC
“SAP Audit Management is an integral part of SAP’s Three Lines of Defense solutions. It lets auditors collaborate effectively and at their own discretion with 1st and 2nd lines of defense. It also elevates the impact and benefit of Internal Audit as a function to the wider organisation.”
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History of SAP Solutions: Audit Management
Streamline, diversify, and enhance your internal audit engagements with SAP Audit Management powered by SAP HANA. This in-memory audit software makes it quick and easy to document evidence, organise working papers, and create audit reports. It provides the analytical capabilities to shift the focus of internal audit from basic assurance to providing insight and advice.
Steve Hewison, CEO
“To be perfectly honest, before 2017, enquiries about SAP Audit Management were rare – then suddenly it took off, and it’s now consistently one of the most requested for demonstrations.
It’s a tool that centralises and streamlines audits. Yes, there are benefits for the auditor but I feel it’s the Head of Audit who gains the biggest benefit as the solution showcases the value of the audit to the business – as a function that is both safeguarding the organisation as well as providing key insight which the business can positively build upon. As well as appealing to clients with SAP, it’s architecture lends itself to working well as a completely standalone application.
As part of implementations, Winterhawk regularly designs bespoke content to optimise out-of-box reporting capabilities. For example, SAP Audit Management offers two standard reports utilising Adobe forms; however, our clients typically want audit reports with customised styling, formatting, and data – we can offer clients a solution with the look and feel of an in-house application.“
Implementation of SAP Audit Management can be as quick as 12 weeks by leveraging Winterhawk’s Rapid Deployment Services (RDS) enabling fast, efficient roll-out at a lowered cost.
Using Winterhawk’s cost effective and best practice RDS approach, you can plan for a GRC go-live about 3 months from when the project commences. Click here to find out more.
Custom Dashboards, Regulatory, Financial and Cyber content libraries, Robotics, Process Automation, Chat Bots, Process Bots and Machine Learning – Winterhawk has developed a range of innovations for clients with SAP GRC solutions. Click here to find out more.
Winterhawk offers low-cost GRC support & managed services to clients
as well as upgrade services, led by our solution experts.
Click here to find out more about the many ways we’ve supported clients
with SAP GRC projects and services over the years.
Get in touch to discuss implementation or support with SAP Audit Management in your organisation.