Ideagen Internal Audit - 2025 Pricing, Features, Reviews & Alternatives

o Ideagen Internal Audit is an end-to-end system for managing and documenting internal audit workflow and workpapers. It is cloud-native software that is built for purpose for the internal audit team that use the application on a daily basis and business users that use the system infrequently to perform limited tasks. Users’ roles and permissions can be controlled by the system administrator in your organisation.

o Ideagen Internal Audit is designed to be configured and embedded easily across an organisation. The Audit Universe can easily be set up to reflect your own organisational structure of locations and processes. The hierarchy is unlimited in nature, so you can add as many locations, auditable functions, departments and clients as needed. The library of Objectives, Risks, Controls and Tests (ORCT) provides centralised content that can be applied and re-used throughout the application as part of audit workflows. The ability to directly connect objectives to risks and controls helps companies to comply with ISO 31000.

o An Application Programming Interface (API) allows the system to integrate with other software solutions your business uses. This enables you to view data across multiple applications for purposes such as reporting and dashboarding, logging new feedback items, or performance tracking. Ideagen Internal Audit shares a platform with Ideagen Risk Management. For companies that use both parts of the system, there is an automatic enterprise risk data feed and various automated features that make it easier for audit and risk to collaborate.

o Ideagen gives users many ways to configure risk and control matrices and workflows. In addition to pre-configured matrices, a simple ‘wizard’ approach makes it easy to design a new matrix or updated an existing matrix, using customisable fields. No special training is needed.

o A stand-out feature of Ideagen Internal Audit is its step-by-step tracker dashboards for audit methodology, key dates and audit execution. The methodology tracker will support any framework, from the latest IIA standards to ‘agile’ sprints based on your own criteria. This ensures everyone in the team works consistently to the same processes and standards. Each stage of the workflow is prompted automatically.

o Ideagen Internal Audit has a simple and transparent licensing structure. It is designed to have complete functionality in one system, rather than a pay-per-module approach. Ideagen does not charge customers based on the number of audits they perform per year.