The Audit and Risk Management software application from M2i can digitise majority of important activities in the Audit and Risk Management functions such as planning, scheduling, risk grading, reporting and compliance. This will result in higher efficiency and greater accountability.
Scope
M2i’s software application can digitise variety of activities in the audit and risk management functions
Internal Audit
Fraud Investigation
Risk control & self assessment
Supervisory Monitoring
KRI Monitoring
Loss data tracking
Benefits
Digitisation aims to enhance effectiveness and efficiency of audit and risk management functions.
Get organisation wide overview of the status of risks, controls and compliances
Centrally plan, track and review audits and risk management activities
Enhance efficiency & transition to completely paperless operations
Ensure compliance with rules, policies and regulations
Get detailed reports on business units and risk indicators
We can give you a detailed demo for you to see and experience key features of our application.
Key Features
Repository allows you to quickly configure and deploy a mission and track performance on Risk Indicators through multiple activities.
For seamless access to organization wide data which could be used for audit and risk management activities.
Centralised planning and scheduling helps in better communication and allocation of resources.
The application can be used with minimal customisation in all the industries
Application is hosted on a secure cloud server. One can start small and scale up as the operations grow
Benchmark performance of various units through automated scoring and risk grading
Supervisors can monitor the the audit activities on a realtime basis for better supervision and control
The application facilitates creation of hierarchy of indicators and checklists enabling designing of complex audit and risk management activities
Compliance loop ensures accountability by ensuring that observations are acted upon diligently
Detailed and summary reports are available for analysis and decision-making
Advantages
M2i has been providing advisory, training, analytics and technology related services since 2006. Over the past 16 years, we have performed over 500 assignments and have served clients in Asia, Africa, Europe, North America and Australia.
M2i has significant experience of advising institutions in establishing comprehensive Risk Management and Audit Frameworks for improving overall institutional effectiveness.
We have domain expertise in a number of industries including banking and finance, micro enterprises, CSR and farmer collectives
M2i has advised institutions in variety of aspects including risk management, ESG, process optimisation, equity valuation, market research and impact assessment research
