Software firm Ideagen’s leading audit management software Pentana has been recognised by an authoritative industry analyst for achieving ‘measurable value across the elements of GRC efficiency, effectiveness, and agility’.
GRC 20/20, who provide research and findings on Governance, Risk Management and Compliance for organisations globally, awarded Ideagen Pentana with a 2016 GRC Value Award in Audit Management for its work with a global food and beverage packaging manufacturer.
GRC 20/20’s report reads: “In researching this case study of this global food and beverage packaging manufacturer’s use of Ideagen Pentana, GRC 20/20 finds that stakeholders and senior management at this organisation has increased reliance that internal audit is effective. They have been able to ensure that audit work is less stressful, easier and faster to accomplish as it has been consolidated, automated and streamlined in the Pentana solution. Their implementation of Pentana has allowed them to react quickly to various types of changes in the business.
“GRC 20/20 has evaluated and verified the implementation of Ideagen Pentana at this global food and beverage packaging manufacturer and confirms that this implementation has achieved measurable value across the elements of GRC efficiency, effectiveness, and agility.”
Colin Smith, Ideagen’s Head of Audit, said: “We are absolutely delighted with this GRC Value Award for Audit Management from GRC 20/20 which once again shows the strength and depth of Ideagen Pentana in this field.
“For this particular customer, Pentana was implemented to help them deploy a standard audit methodology across all of their auditing teams as well as allow them to capture multiple types of information in one easy to access location.
“We are pleased that Pentana has managed to achieve this and more, and we are looking forward to continuing our work with this global food and beverage manufacturer and achieving further success in the future.”
Ideagen Pentana is a complete risk-based audit automation solution which delivers performance and agility. The software saves thousands of hours of auditors’ time each year and increases the accuracy of audit reports and management information making the audit process easier to control and manage. You can read the GRC Value Award in Audit Management case study in full from the GRC 20/20 website here