Audit360 for an HFC

A housing finance company improves efficiency of its central audit process

Excerpt

This mid-sized HFC has a 10-member central team managing internal audit for 2000+ branches across India. Audit360 helped improve efficiency of operations and helped build capacity.

Old Process

The HFC had an excel and email based internal audit process through which they were managing disbursement and post disbursement internal audit for all their branches.

Key Challenges

While the processes was manageable because of a highly skilled team, it was not scalable.

Team was spending too much time in manual operations. Tracking and reporting was become more and more cumbersome by the day.

Solution

Audit360 provided a cloud hosted application to the internal audit team. The application was deployed in one day and ready to use in 2 weeks time. Team was able to automate all their manual processes. The capacity of the team improved by 70%. Real time reports and dashboard were made available. Automated emails and follow up notifications were configured for quick issue closures.

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Leadership Team

Ramya Vuppala

Product Head

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Harish Ramachandran

CEO & Business Head

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Nilesh Vazirani

Sales Lead, South East Asia

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Abhishek Kirve

Sales Lead, India & Africa

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Swathi Shanmukhan

Product Manager

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Presales Manager

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