Quantivate Audit Solution is a GRC platform module designed to manage the internal audit lifecycle with a focus on risk alignment. It provides a centralized repository for audit data, documentation, assessments, tasks, and reporting within a single integrated environment. The solution is built for financial institutions and other regulated industries, helping organizations implement an audit management framework that connects audit activities with enterprise risk management (ERM) data and controls. Key capabilities include: - A unified GRC platform serving as a single source of truth for internal audit and risk data - Risk assessment tools to define audit priorities and strategy - Built-in checklists and systematic processes to streamline the audit cycle - A centralized digital library for storing audit plans and documentation - Workflow tracking and corrective action plans for issue management - Key indicator tracking for identifying and responding to emerging risks - Configurable reporting tools for preparing reports for boards or risk committees - Cross-functional data sharing to reduce silos and improve collaboration - Audit trail creation for documenting GRC activities, policies, and issues The platform is scalable to support program maturity and expansion, and integrates with other Quantivate GRC modules including ERM, Compliance, IT Risk, and Vendor Management.