Internal audits are essential for ensuring operational efficiency, quality, safety, and compliance. However, they come with their own set of challenges—managing extensive documentation, ensuring accuracy, keeping up with regulatory standards, and conducting timely follow-ups can quickly become overwhelming, especially with manual processes.
This is where internal audit software steps in. With features like automated workflows, customizable checklists, real-time data collection, and advanced analytics, internal audit software address common pain points and simplify operational audits.
5 Best Internal Audit Management Software and Tools
Here is our pick of the top internal audit software based on their features and pricing:
Internal Audit App | Free Trial | Paid Plan |
GoAudits | ✅ | $10/user/month |
AuditBoard | ❌ | Quote upon request |
Workiva | ❌ | Quote upon request |
Ideagen | ❌ | Quote upon request |
AuditBond | ❌ | Quote upon request |
1. GoAudits Internal Audit Management Software
GoAudits internal audit software and app is a digital solution used across industries to capture and analyze operational audit data. It allows businesses to overcome the challenges of pen-and-paper forms and manual reports, helping them digitize data in an accessible format.
With comprehensive features like scheduling, task management, customizable checklists, automated reporting, and a powerful analytics dashboard, it ensures operations always comply with industry standards.
With a rating of 4.8 stars on Capterra, GoAudits is trusted by some of the biggest names across industries for internal audits.
Key Features:
- Conduct thorough inspections directly from your mobile device, even without an internet connection.
- Use data analytics to get actionable insights into key performance trends. Easily filter and analyze data by location, date, employee, and checklist template for in-depth reporting.
- Streamline your certification processes to comply with internal standards, including ISO, OSHA, and more.
- Generate and track corrective actions by setting priorities, assigning due dates, and delegating tasks within your organization.
- Resolve issues quickly with intuitive question sets, automated notifications, and downloadable reports for streamlined follow-up.
2. AuditBoard Internal Auditing Software
AuditBoard is a comprehensive internal audit management platform that streamlines audit activities, enhances collaboration, and improves compliance with regulatory standards. With a focus on user experience, AuditBoard provides internal auditing tools that facilitate documentation, reporting, and stakeholder engagement.
Key Features:
- Automated workflows
- Real-time risk assessments
- Centralized dashboard
3. Workiva Internal Audit Tool
Workiva is a flexible internal audit tool designed to enhance collaboration and automate various auditing tasks. It allows organizations to adapt their audit plans to changing circumstances while providing a centralized platform for managing documentation and communication among stakeholders
Key Features:
- Automation of audit tasks
- Centralized platform for collaboration and communication
- Real-time dashboards
4. Ideagen Audit Software for Internal Audits
Ideagen internal audit software is a robust solution tailored for internal audits, focusing on compliance and risk management. The software offers web-based enhancements that improve user experience and facilitate integration with third-party applications. Its features are designed to streamline the auditing process while ensuring adherence to regulatory standards such as SOX.
Key Features:
- Enhanced SOX compliance features
- Customizable dashboards
- API integration capabilities
5. AuditBond Internal Audit Solution
AuditBond is an internal audit tracking software that emphasizes risk management and real-time analytics. It provides organizations with tools to conduct audits efficiently while maintaining a clear overview of compliance status. This internal audit platform supports various types of audits, including ISO compliance certifications, and offers mobile capabilities for onsite inspections.
Key Features:
- Real-time dashboards
- Risk assessment templates
- Mobile functionality for conducting inspections offline
👉 Useful Resource: Free Internal Audit Management Solution Checklists
Here are some important internal audit checklist templates to help you get started:
→ Internal Audit Risk Assessment Checklist
→ IT Internal Audit Checklist
→ ISO Audit Checklists
→ Warehouse Inspection Checklists
→ Food Safety Audit Checklists
» Use These Checklists: Sign up with our 14-day free trial to have these checklists customized.
What is an Internal Audit Software?
Internal audit software is a digital solution designed to streamline and enhance the process of conducting internal audits for operations within an organization. This tool helps businesses ensure compliance, identify risks, and improve operational efficiency by automating tasks, providing real-time data, and centralizing audit management.
Features to Look For in an Internal Audit Tool
When selecting an internal audit assessment tool, evaluate its features to ensure it aligns with your organization’s needs. Here are some key features of an internal audit application you must consider:
- Audit Scheduling: The best internal audit software tools allow you to plan and schedule audits in advance, ensuring timely assessments. It should support recurring schedules and notify relevant team members automatically.
- Custom Checklists: The ability to create and customize internal audit checklists based on specific criteria or industry standards is crucial. Custom checklists ensure audits remain relevant and comprehensive.
- User-friendly Mobile App for Onsite Auditing: A mobile app feature with offline capabilities enables auditors to perform onsite audits using smartphones or tablets. This enhances accessibility and allows users to capture photos, notes, and data directly into the system.
- Real-Time Data Collection: Real-time data collection helps auditors gather and update findings instantly. This feature is critical for ensuring that audit data is accurate and actionable, reducing delays caused by manual entries.
- Custom Workflows: Internal audit software programs should support tailored workflows that match your organization’s processes. From audit initiation to follow-up, custom workflows ensure smooth task transitions and accountability.
- Automated Reporting: Automated reporting simplifies the process of generating detailed audit reports in a few clicks. Look for an internal audit reporting software that can create customizable reports with visual insights like charts and graphs for better data presentation.
- Audit Tracking: An effective internal audit tool provides a centralized dashboard to monitor audit status, findings, and resolutions.
- Follow-up and Monitoring: Post-audit follow-ups are as important as the audit itself. Ensure the software includes tools for assigning corrective actions, setting deadlines, and tracking their completion.
- Audit Analytics: Advanced analytics features enable users to derive insights from audit data. Look for tools offering trend analysis, risk assessments, and performance metrics to guide decision-making.
Case Study: How Miniclipper Logistics leverages internal audit software to achieve audit responsiveness of 97%.
How to Choose an Internal Audit Management System Software for Your Business?
Selecting the right internal audit system is a critical decision that can significantly impact your organization’s efficiency and compliance processes. Here are the key factors to consider:
Cost
Evaluate the pricing structure of the software. Some providers charge on a per-user, per-month basis, while others may charge per inspection or audit conducted. Understand your usage requirements and budget to determine which pricing model works best for your organization. Don’t forget to account for hidden costs like implementation, training, or additional features.
Customer Support
Reliable customer support is essential for smooth implementation and ongoing use. Look for reviews on platforms like Capterra to assess the quality of customer service. Ensure that the vendor offers timely support via multiple channels such as chat, email, or phone.
Free Trial/Demo
A free trial or demo allows you to explore its features, functionality, and ease of use before making the purchase. Trials and demos give you a hands-on understanding of whether the tool meets your business requirements.
Ease of Use
The software should be user-friendly and intuitive, reducing the learning curve for your team. Complex systems can lead to inefficiencies and lower adoption rates. Test the interface during a demo or trial to ensure it aligns with your team’s capabilities.
Scalability
As your business grows, your audit requirements may evolve. Choose a system that can scale with your organization, supporting additional users, audits, or functionalities without significant upgrades or migrations. Scalable software ensures long-term value and adaptability.