Efficient Audit Management for Compliance
by Archer Technologies, LLC
Overview
The Archer Exam Management app-pack enables organizations to more effectively prepare for, document, and manage the processes for conducting an audit examination. This offering provides a centralized process to efficiently manage scoping, data collection, collaboration, and the post analysis phase of an exam. Organizations can track the phases of an exam; assign, collect, and track information requests; log hours worked on each phase; and maintain visibility into related loss events. In addition, robust reporting tools and graphical dashboards provide professional looking reports to inform executives of exam status, findings, and remediation activities.
Benefits
- Simplify the collaboration and data collection process, making it efficient and organized for regulatory examinations.
- Reduce the cost and duration of regulatory examinations while quickly identifying and communicating with Information Owners.
- Prevent duplicate information requests, minimizing exposure to sensitive data and reducing examination data aggregation time.
- Improve exam finding remediation, analyze past examination results, and provide executives with visibility into exam status and findings to enhance overall compliance oversight.
Key Features
- Identify the scope, impacted portions of the business, and purpose of the exam
- Assign data collection tasks, notify Information Owners, and collect requested evidence
- Review internal evidence and mark for distribution to examiner
- Track staff hours spent
- Manage findings, remediation plans, penalties, fines, and reimbursements
- Provide exam wrap-up for executive review
System & Licensing Information
Additional licensing and fees are required by Archer for this offering. For more information or to purchase this offering, contact your Archer Sales Representative.
Please Note: Certain offerings may have prerequisites and licensing requirements. Please refer to the Archer Help Center documentation for system requirements, licensing details, and supported Archer platforms and environments.
How to obtain this offering?
- Contact your Archer Sales Representative to purchase the offering.
- To download the installation package for the offering, please log in to access the download link.
Resources
Support
For technical support questions regarding Archer Exchange offerings, please open an Archer support case.
About Archer Exchange
Leverage the Archer Exchange to expand the use of Archer solutions into new business processes and address specific industry, geographic, regulatory, or technical requirements. To learn more or to see what other offerings are available, visit the Archer Exchange page on the Archer Community.
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