/ Internal Audit /
Internal Audit departments evaluate process efficiency and performance, assess risk levels and bring in controls to mitigate risks inherent to operations. They do so while dealing with more and more complex environments and navigating an increasing number of rules and regulations as well as internal policies and procedures.
KnomAI helps Internal Audit departments to assess risks, integrate corresponding controls and manage governance processes. With our simple, easy to use platform, we provide internal audit functions with the ability to enhance the quality of both the audit and risk assessments, enabling them to focus on improving risk and compliance processes with automatic traceability, reporting and data analysis.
Build Your Solutions
Here are some areas where KnomAI can easily build workflows and tailor them to your specific needs.
Execute operational testing and assess effectiveness of key controls.
Build real-time reporting and conduct business operations' ongoing monitoring.
Produce audit report
overview storing comprehensive information and documentation for multi-source data analysis.
Risk Assessment & Prioritization
Proactively identify risks and generate risk assessment dashboards to conduct business operations monitoring. Build matrix according to the importance and occurrence of risks to analyze risk profile and prioritize risk management.