Accelus Audit Manager THOMSON REUTERS ACCELUS

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1 THOMSON REUTERS ACCELUS Accelus Audit Manager

2 THOMSON REUTERS ACCELUS Our solutions dynamically connect business transactions, strategy, and operations to the ever-changing regulatory environment, providing highly regulated firms with informed outcomes. Our client groups include compliance, audit, legal, and risk functions within the organization. We partner with firms to manage their risk exposure and accelerate their business at every step.

3 WHO WE ARE Accelus Audit Manager is an integrated part of the Accelus platform, designed to help your organization drive a connected approach to governance, risk and compliance as well as enterprise risk management. Thomson Reuters Accelus helps our customers analyse today s volatile risk and regulatory environment, articulate the challenges they face and take the actions required to manage risk and drive business performance. Facilitating connectivity between the various assurance functions, the front office and the board, Accelus informs and simplifies GRC complexity, supporting analysis and decision-making, translating risk into opportunity and driving business performance. Accelus Audit Manager which includes egrc and AutoAudit is a proven solution, and continues to be enhanced in collaboration with the internal audit industry. We wanted internal audit to spend more time auditing and less time organizing papers. egrc allowed us to meet that goal. SENIOR AUDIT MANAGER Non-profit Membership Organization Managing work papers real time has offered tremendous business value. Audit managers don t have to wait for audit completion or audit synching before they can take action. FIELD SUPERVISOR, IT INTERNAL AUDIT Leading Consumer Brands Company We realized a 50 percent time savings in creating audit reports. Before egrc it would take 2-6 weeks. Now it is completed in one week. IT AUDIT MANAGER Regional Retailer Thomson Reuters Accelus 3

4 WHAT WE DO egrc Internal audit teams can struggle in today s complex environment to meet an expanding number of objectives and engage with a widening range of stakeholders. While regulatory requirements can and do still drive many core internal audit activities, the reality is that much more than mere compliance is now being demanded of internal audit teams. Internal audit is being challenged to deliver the kind of strategic business insight that can drive value creation in organizations. Sometimes these insights can come from a traditional, third-line-of-defence approach to internal audit, but more often they will be born from a deeper, richer understanding of the organization s existing and emerging risks. To begin to see beyond the traditional tick-list, internal audit teams need tools to help them engage with multiple stakeholders, including the business, risk, compliance, and internal controls. Thomson Reuters Accelus Audit Manager s egrc solution empowers organizations to effectively connect audit to business strategy, as well as simplify complicated stakeholder engagement activities, driving enhanced performance around both core audit objectives and broader strategic ones. Through Accelus Audit Manager s egrc solution, internal audit teams can: Plan and schedule audits and internal control reviews, track time and budget Automate risk assessments Use electronic workpapers to manage the capture of audit and control-related documentations Capture, manage and organize the work product of internal audit in a structured way Create and implement action plans to resolve audit or controls issues Provide visibility and transparency to organizational stakeholders Review and approve audits, audit programs, control programmes and work papers Benefit from the central database of information, automated planning and resource management Through Accelus Audit Manager s egrc solution, internal audit teams can improve efficiency of their own processes, enabling individuals to reallocate time and energy to providing the business with a more enhanced and connected analysis of the existing and emerging risks it faces. 4 Accelus Audit Manager

5 WHAT WE DO AutoAudit Thomson Reuters Accelus Audit Manager s AutoAudit solution enables mid-sized internal audit organizations to transform their manual audit management processes into a connected framework, freeing audit teams to focus on understanding the business, analysis of assessments, and consideration of potential emerging risks. AutoAudit developed through a close relationship with the audit community supports audit teams in their day-to-day activities, including: Information sharing: Accelus Risk Manager s AutoAudit stores all audit documents in a single, secure database. AutoAudit uses roles to identify a user s access level and enforces IDs and security passwords across all audits. Scheduling: Managers can quickly manage their audit teams and allocate resources. A dragand-drop calendar interface takes the pain out of reorganizing the audit schedule. Risk Assessment: With integrated risk assessments, auditors can follow an audit universe composed of user-defined auditable entities or implement a methodology using Business Process Risk Assessment (BPRA), or both to identify risk criteria. Workpapers: Users can easily create and share electronic workpapers. AutoAudit s centralized approach also makes the review process easy for everyone, including auditors in remote locations. Reporting: Users can design, generate, and distribute a broad array of reports. Standard content reports are available or users can create their own customized reports. Issue Tracking: Issue Track allows audit teams to review and coordinate issues and action plans. Business line users are notified by of required actions, and they can enter responses as well as add documentation. Accelus Audit Manager s AutoAudit is used by hundreds of companies, non-profits, and governmental organizations across the globe to implement audit plans that balance board audit committee and senior management objectives, assurance and regulatory requirements with the need to drive strategic business insights on the other. Thomson Reuters Accelus 5

6 How We Work Thomson Reuters Accelus Audit Manager s egrc and AutoAudit solutions provide a range of choice to meet the needs of most internal audit teams. Our experienced sales consultants will work with you to identify the solution and implementation programme best suited to your organization s needs. You can choose the delivery of your software to fit your firm s unique internal IT, infrastructure, and budget requirements. Options include fully hosted delivery, on-demand, and on-premise licensing. On-premise perpetual license. Deploy the software within your environment and rely upon your resources to manage infrastructure and software upgrades. On-demand. Leverage a Thomson Reuters data center and access your secure instance of the software via a Web browser. Thomson Reuters will manage all GRC infrastructure and software upgrades and you leverage the latest approved software releases and features. Hosted perpetual license. You still leverage a Thomson Reuters data center and access your software via a Web browser, however software updates are driven by the client. Our professional services and customer services experts well known in the industry for the high level of experience and expertise they bring will then provide the appropriate amount of help and support to ensure your organization is able to drive the most value out of these enhanced approaches to internal audit. 6 Accelus Audit Manager

7 CONTACT US LET THOMSON REUTERS ACCELUS ASSIST YOU Visit our website at accelus.thomsonreuters.com for more information on any of our solutions: Board Business Law Disclosure Due Diligence Enterprise GRC Internal Audit Internal Controls Policy Management Regulatory Intelligence Risk Management Screening Training

8 THOMSON REUTERS ACCELUS The Thomson Reuters Governance, Risk & Compliance (GRC) business delivers a comprehensive set of solutions designed to empower audit, risk and compliance professionals, business leaders, and the Boards they serve to reliably achieve business objectives, address uncertainty, and act with integrity. Thomson Reuters Accelus connects business transactions, strategy and operations to the everchanging regulatory environment, enabling firms to manage business risk. A comprehensive platform supported by a range of applications and trusted regulatory and risk intelligence data, Accelus brings together market-leading solutions for governance, risk and compliance management, global regulatory intelligence, financial crime, anti-bribery and corruption, enhanced due diligence, training and e-learning, and board of director and disclosure services. Thomson Reuters has been named as a category leader in the Chartis RiskTech Quadrant For Operational Risk Management Systems, category leader in the Chartis RiskTech Quadrant for Enterprise Governance, Risk and Compliance Systems and has been positioned by Gartner, Inc. in its Leaders Quadrant of the Enterprise Governance, Risk and Compliance Platforms Magic Quadrant. Thomson Reuters was also named as Operational Risk Software Provider of the Year Award in the Operational Risk and Regulation Awards For more information, visit accelus.thomsonreuters.com Visit accelus.thomsonreuters.com For more information, contact your representative or visit us online Thomson Reuters GRC00444/7-13