Risk Assessment and Audit Universe
Identify, evaluate, and prioritize organizational risks so every audit plan starts with the areas that matter most.
Internal audit management software
Internal audit management software for risk-based planning, fieldwork, and reporting.
Audit Out gives internal audit teams, risk managers, and compliance officers a connected system for audit universe management, risk assessment, annual planning, engagement execution, workpapers, controls testing, issue tracking, and automated reporting — replacing disconnected spreadsheets with governed audit workflow.
Audit plan statusRisk-based annual plan
Risk coverage86%
Open issues12
Reports ready7
AssessPlanExecuteReportTrack
Risk register linked to audit planning Workpapers, evidence, review notes, and approvals Findings, action owners, reminders, and closure
Core platform
One audit management system for planning, execution, analytics, controls, and reporting.
Planning and Fieldwork
Digitize audit objectives, procedures, testing, evidence, review notes, and approvals in one collaborative workspace.
Controls and GRC Management
Centralize control documentation, compliance workflows, accountability, and governance evidence across the organization.
Issue Tracking and Follow-Up
Assign findings, monitor remediation, manage owners and due dates, and keep closure activity visible to the audit team.
Audit Analytics
Use structured audit data to support sampling, detect anomalies, assess trends, and focus testing on higher-risk activity.
Automated Reporting
Create consistent audit reports from approved workpapers, findings, recommendations, and management action plans.
Why modern audit teams choose Audit Out
Built for audit teams facing tighter timelines, rising compliance demands, and growing data volume.
- Reduce manual spreadsheet work with connected audit workflow automation.
- Improve real-time collaboration for remote, hybrid, and multi-client audit teams.
- Support internal audit standards, governance expectations, and compliance readiness.
- Use AI-assisted documentation to draft, summarize, and format audit content faster.
Frequently asked questions
Internal audit management software FAQs
What is Audit Out used for?
Audit Out is used to plan, execute, document, analyze, report, and track internal audits, risk assessments, controls, findings, and compliance workflows. It covers the full audit lifecycle from audit universe and annual planning through fieldwork, issue management, and final reporting.
Is Audit Out cloud-based?
Audit Out is built as a secure web application for modern audit teams that need access to audit plans, workpapers, issues, and reports from a central workspace — accessible from any device without client software installation.
Who is Audit Out built for?
Audit Out is built for internal audit teams, risk managers, compliance officers, advisory firms, and organizations that need a practical audit management system. It suits teams of all sizes that want to move beyond spreadsheets and disconnected documents.
What makes Audit Out different from other internal audit software?
Audit Out combines risk-based planning, the full RCM tree (objectives, risks, controls, procedures), workpapers, review workflow, issue tracking, and a structured report builder in a single connected workspace. AI-assisted drafting is built in for key documentation tasks.
Does Audit Out support risk-based audit planning?
Yes. Audit Out includes an audit universe with weighted risk scoring, annual audit plan construction, approval workflow, and automatic engagement creation from approved plan items.
Can Audit Out replace TeamMate or similar audit software?
Audit Out is designed as a modern, web-based alternative to legacy internal audit platforms like TeamMate. It covers the same core workflow — planning, RCM, procedures, workpapers, findings, reporting, and follow-up — with a clean interface built for today's audit teams.
Explore Audit Out