AuditPlus
Audit as a Service
Your Marketplace for Trusted Audit Expertise – AuditPlus leverages specialized expertise and scalable solutions to deliver targeted, cost-effective and efficient remediation support.
Tailored Audits
Scalable audits
Audit Expertise
Why should you invest in AuditPlus?
Third-Party Onboarding
Understand the partner landscape and streamline due-diligence evaluation
Third-Party Risk Assessment
Identify all the risks/threats to your business
Resolution and Revalidation
Address the identified issues and revalidate the remediation
TPRM Maturity Assessment
Periodic audits to evaluate effectiveness and continuous improvement
Reporting and Alerts
Delivering timely and periodic status updates
AuditPlus is more than an auditor augmentation service
AuditPlus leverages specialized expertise and scalable solutions to deliver targeted, cost-effective and efficient assessments.
SME Guided Recommendations
Expert-driven Tailored Audits
Frequently Asked Questions
AuditPlus services involves the examination and verification of a company’s IT and operational processes against established audit criteria. It is particularly suitable for industries where regulatory compliance and operational transparency are critically important, such as finance, healthcare, and public services, etc. As businesses increasingly focus on real-time solutions for management and compliance, services like AaaS are critical for a proactive approach over traditional auditing practices.
Regular vendor audits are a critical component of effective third-party risk management, ensuring that the relationships and dependencies on third parties are aligned with the organization’s strategic goals, compliance standards, and operational requirements. For businesses relying on a network of vendors, these audits are not just a regulatory requirement but a strategic necessity.
AuditPlus, provides a modern approach to auditing that aligns with the needs of fast-paced, regulation-heavy industries, delivering cost-effective, scalable, and insightful auditing solutions. The benefits include: 1) Specialised expertise and audit experience 2) Unbiased and real time insights 3) Easy to scale and improve 4) Cost efficient and flexible 5) Improved risk management and enhances compliance
While quantifying the exact cost savings from AaaS can be challenging without specific organizational data, businesses often report reductions in audit-related expenses of anywhere from 20% to 50% after switching to an AaaS model. The return on investment also includes qualitative benefits such as improved compliance, better risk management, and enhanced decision-making capabilities, all of which contribute to the overall value proposition of AaaS beyond direct cost savings.
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From our Blog
Read our latest blogs,articles and whitepapers to understand the current trends in Third Party Risk Landscape.
