RFR Professionals Technology team comprises of seasoned and hands on IT Auditor and Risk Management Professionals that is able to translate and automate the day to day audit and risk management activities into system and applications.
It is not uncommon for Risk Management and Internal Audi team to perform most of their inherent risks and controls and arrive at their residual risk and risk heat map using excel.
RFR Professionals provide an automated resilient and well tested systems to replace this network and high risk excel files.
Out Risk Management and Internal Audit Systems are divided into:
- Internal Audit Documentation Application which a functional Internal Audit team can use to record and document their audit working papers with approval workflow. Audit reports; action points and follow up audits can also be executed within this application. This application is also linked to the Risk Management System and can be used to implement annual audit plan and audit strategy empirically.
- Risk Management Application which enable Risk Management Functions to design a effective Enterprise Risk Management Frameworks. It also enhance the delivery of Risk Register; and Risk Heat Map. Depending on clients’ requirements, it can be customised to deliver the quarterly risks management monitoring and with dashboard reporting as an output. This risk management application can be linked to the client internal audit system and could auto feed and auto populated with audit results and follow up audit results.