Digitize Your Central, Branch & Field Internal Audit Operations
Make Your Centralized Internal Audit Operations Super Efficient
Organize Audits Centrally
Configure audit types through a single application. No more hassles of shuffling back-and-forth through bundles of spreadsheets. Edit existing audit types, add new ones and change their workflow configurations with ease. Assign audits to the team in seconds.
Generate Reports in Real Time
Export reports in your proprietary formats in real time. Get over with excel report consolidation hassles.
Filter & drill down audit data across multiple dimensions using dashboards.
Go Digital in No Time
Get Audit360 cloud application activated within few hours. And then, within 2 weeks get fully functional on Audit360. No work disruptions. No lengthy deployments.
Get Speed & Tight Control in Branch Audit Execution
Configure Audits with Ease
Create complex audit hierarchies for branch audits with ease. Manage pre-disbursement, disbursement, post-disbursement, collections, administration and HR audits - all from one page. Import your existing checklists & get started in a jiffy. Set up branch performance scoring & audit workflows centrally.
Digitize Data Collection
Let your audit officers use mobile app for digital-at-source execution of audits. This will remarkably improve the quality of your internal audit data. It will simplify your branch audit operations.
Assign, track and submit audits through real time workflow automation. No more communication, data entry and reporting hassles.
Automate Complex Branch Audit Reporting
Pull conformance and compliance reports in real time. Export excel reports from Audit360 with your proprietary scoring logic & designs built in. Monitor branch performance with dashboards. Choose from 40+ workflow configurations that suite your way of planning, scheduling, execution and issue resolution.
Supervise & Manage Field Audits With Ease
Simplify Audit Scheduling & Execution
Dispense audits through Audit360 mobile app to field auditors. Track audit progress digitally. Be it customer visits, assets verifications or field operations audits, auditors can cover them all from one app. Once done, they can submit audit then and there. No hassles of going back to the branch for data entry.
Simplify Data Capture
Configure disposition codes in checkpoints. Standardize the responses. Get over with manual data entry errors for once and for all.
Auditors can attach video, photo & audio digital proofs directly to a checkpoint. This makes it easy for you to search, review, drill down & report observations.
Prevent Frauds With In-Built Controls
Stay on top of field audit schedules and activities. Track audit completion in real time. Prevent frauds with in-built data security and process controls.
The app geo-tags the locations of audit execution and digital proof capture. It even restricts users from attaching saved media. This enforces real time proof collection policy.
A mid size NBFC automates its branch internal audit operations with Audit360
This mid-size NBFC, with 170+ branches spread across India, specializes in small & micro business loans. Audit360 helped them digitize their central and branch internal audit operations.
Risk-based Internal Audit and Checklist-based Audit - Are They Mutually Exclusive?
Earlier this year (Feb'2021) RBI had released a circular for NBFCs (All deposit-taking NBFCs, irrespective of their size; All Non-deposit taking NBFCs (including Core Investment Companies) with asset size of ₹5,000 crore and above; and All UCBs having asset size of ₹500 crores and above) to mandating Risk Based Internal Audits.