Enablon Internal Audit is a solution which allows companies to computerize and automate all auditing activities and make them more reliable.

Enablon IA covers all auditing processes ranging from definition, scheduling, preparation, execution, documenting of audits and tracking of actions. The integrated dashboards and consolidation functions provide companies with an overview of all auditing activities in real time.

Using Enablon IA greatly improves productivity among auditing teams, enhances audit assurance and allows for greater control over operations.

Recent regulations (Sarbanes-Oxley Act, Basel II framework, Solvency II) have highlighted more than ever before the importance for companies to organize and improve their performance control system. This includes both controls carried out by operational managers as they work and due diligence in auditing and inspection assignments.

Audit teams traditionally work with office automation tools to organize their work. These tools are very flexible but nonetheless have certain limits. Information is not unified; traceability and capitalization on work are of poor quality. Auditing reports are only drawn up once assignments have been completed. Audit managers are also afforded limited visibility over the type of work actually carried out for the audit.

Enablon IA is designed to improve existing ways of working while retaining the flexibility of office automation tools.

As a comprehensive and integrated full-web solution, Enablon IA enables companies to automate and centralize the management of all work carried out by auditors.

Enablon IA offers the following functionalities, to name but a few:

• Formalizing of auditing tasks within the tool (audit sheets, recommendations, etc.)
• Creation and monitoring of action plans
• Instant information sharing between auditors and operational teams
• Automatic generation of auditing reports
• Generation of auditing task reports

Enablon IA offers two document generation modes:

• "Initiative" mode, closer to the methodology used in France, which enables auditors to create the documents of their choice, on their own initiative and not in any set order, or simply attach documents. They can also create recommendations directly, without filling in audit sheets. The advantage of this mode is that it offers the same flexibility as office automation tools.

• List mode, closer to the methodology used in Anglo-Saxon countries, which proposes generating a list of controls to be carried out per process, selected from a set list.
  

The Enablon IA solution allows companies to automate the production of auditing and auditing task reports. The Enablon Reporting module:

• Automates the production of draft and final auditing reports, with the possibility to include observations, risks, recommendations and comments from operational management
• Generates standard or customized auditing task reports
• Archives all work
• Includes output in Word and HTML format
  

With its management and monitoring functions, Enablon IA ensures diligence and prevents all risk of oversights or delays through:

• Notification and alerts
• Monitoring of recommendation acceptance by operational management
• Monitoring of action plans
  

Enablon IA allows companies to save time while increasing productivity, both for auditing and operational teams.

Deploying Enablon IA offers the following benefits:

• Simplified input of auditing tasks (audit sheets, recommendations and action plans)
• Instant information access and sharing for everyone
• Unified auditing methods
• Automated report generation
• Less labor intensive and time-saving during report review meetings

Enablon IA facilitates interaction between auditors and operational teams:

• Enabling operational teams to view recommendations and draw up action plans
• Enabling operational teams to view and add comments to draft reports
• Enabling auditors to monitor action plans

Enablon IA allows companies to obtain more reliable control information through:

• Input traceability
• Enhanced audit assurance: affords clear picture of work carried out
  

Enablon IA allows companies to integrate auditing in a global risk management policy through:

• Possibility to link auditing tasks to required control activities and risks covered

Enablon solutions can interface with:

• Existing documentation databases
• Business Process Management tools
• Other Enablon solutions such as internal control, risk management and IT Governance products