Audit Management

  • Smarter Audits. Stronger Assurance. Seamless Oversight.

Empowered’s Connected Risk® Audit Management solution is purpose-built for modern Internal Audit teams seeking to elevate impact, reduce audit fatigue, and stay ahead of ever-evolving regulatory expectations. Designed by audit professionals for audit professionals, our platform streamlines planning, fieldwork, reporting, and follow-up—all within a single, configurable environment.

Whether you’re running a global audit program or building one from the ground up, Connected Risk brings confidence and control back to your audit process.

Connected Risk® now integrates seamlessly with Microsoft Office for the Web, allowing auditors to edit Word and Excel documents directly within the platform—no downloads, no version control headaches, just real-time collaboration where you need it most.

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Why Auditors Choose Connected Risk®

Centralized Audit Lifecycle Management

From annual planning to final reporting, every audit and engagement is managed in one place—ensuring transparency, accountability, and complete traceability.

Embedded Issue Management & Action Tracking

Easily identify, document, assign, and track audit issues. Automated reminders and dashboards keep stakeholders accountable—no more follow-up fatigue.

Built-In Risk & Control Integration

Link your audits directly to your enterprise risk register and control library. Prioritize engagements based on real risk, not just routine.

Evidence & Workpaper Management

Drag-and-drop evidence collection, centralized documentation, and version-controlled workpapers ensure audit readiness and regulatory confidence.

Configurable Workflows That Reflect Your Methodology

No two audit shops are the same. Connected Risk adapts to your process, not the other way around.

Real-Time Reporting & Dashboards

Interactive visuals give leadership and the board immediate insight into audit status, coverage, findings, and risk alignment—without waiting for static reports.

Key Features at a Glance

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Audit Universe Management

Maintain a centralized inventory of auditable entities across your organization. Prioritize based on risk, regulatory scope, geography, or business unit to ensure strategic audit coverage.

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Control Testing & Risk Linkage

Test controls directly within each audit engagement and tie findings back to specific risks and control objectives. See how audit results affect enterprise risk in real time.

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Risk-Based Audit Planning

Align your annual audit plan with enterprise risks using dynamic risk scoring and heat maps. Easily adjust priorities as new risks emerge or business conditions change.

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Evidence Management

Securely collect, organize, and version supporting documentation and workpapers. Use drag-and-drop upload, tagging, and reviewer notes to streamline team collaboration.

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Scoping & Engagement Templates

Build repeatable, best-practice audit templates and customize engagement scopes based on risk profile, regulatory requirements, or business impact.

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Real-Time Reporting & Dashboards

Generate live dashboards and exportable reports to monitor progress, overdue actions, audit outcomes, and risk alignment. Share insights instantly with executives and audit committees.

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Audit Workflow Automation

Define workflows for planning, fieldwork, review, and sign-off stages. Ensure consistent application of methodology and reduce bottlenecks with automated routing and notifications.

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Findings & Issue Tracking

Document issues, assign owners, set deadlines, and follow up all within the platform. Built-in reminders and dashboards track progress and escalate overdue actions automatically.

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Role-Based Access & Security

Granular user permissions ensure only authorized personnel can access specific audits, evidence, or findings—maintaining confidentiality and audit integrity.

How can audit management benefit your organization?

  • Streamlined Audit Processes: Automates and optimizes audit workflows, reducing manual tasks and enhancing the overall efficiency of audit activities.

  • Comprehensive Planning: Facilitates thorough planning and scheduling of audits, ensuring that all critical areas are covered, and resources are allocated effectively.

  • Real-Time Tracking: Provides real-time visibility into the status of ongoing audits, allowing your audit team to monitor progress and address issues promptly.

  • Risk-Based Auditing: Enables your audit team to prioritize audits based on risk assessments, ensuring that high-risk areas receive the necessary attention.

  • Improved Coordination: Facilitates collaboration among audit teams, ensuring that all members are aligned and working towards common goals.

  • Advanced Reporting: Offers detailed and accurate audit reports, making it easier for your organization’s audit teams to communicate findings and recommendations to stakeholders.

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