Products
Solutions
Resources
Discover the 10 best softwares for internal control management and use them for audits, risk mitigation, and compliance with regulations. Investigate and prevent issues in your business by choosing the right software.
Published 20 May 2022
Internal control software is a better way to investigate and thoroughly check into the management of an organization to prevent errors, issues, non-conformance, non-compliance, and fraud. Internal control software improves corporate governance and external communications e.g., in financial aspects. Additionally, it can improve the efficiency and effectiveness of compliance audits, cutting costs and helping businesses in monitoring progress.
iAuditor is designed for companies who need to conduct safety inspections and quality audits, quickly capture issues or errors, and resolve them to improve operational efficiency across the organization.
Integrations: Tableau, Sharepoint, Salesforce Sales Cloud, Zapier, Microsoft Power Automate, Trail, and many others
Platforms supported: iOS, Android, and Windows
Best for: companies across different industries who want to optimize their operation's productivity, set benchmarks, conduct safety inspections and quality audits, capture and resolve issues, and improve their organization’s operational efficiency
Starting from: $19.00/month Pricing model: Free, Subscription Free Trial: Available
Resolver is a cloud-based security solution that helps organizations reduce uncertainty from decisions. This tool is commonly used in Governance, Risk, and Compliance (GRC), audits, and financial risk management.
Platforms supported: Web
Best for: financial institutions, healthcare, academic institutions, utilities, manufacturers, hospitality, high tech, retail, and more
Pricing: details not provided yet
Intellect is an enterprise Quality Management System (eQMS) software and an easy-to-use platform for business process management and automation.
Best for: business startups and businesses with a majority of customers from mid-range companies
Pricing: details not provided yet Free Trial: Available
i-Sight is a web-based software solution and case management platform that streamlines processes and provides the data needed. It analyzes results to prevent incidents, fraud, and misconduct.
Best for: industries in the financial services, insurance and infrastructure, healthcare, manufacturing, retail and food services
Netwrix Auditor is a visibility platform that allows you to configure and access hybrid Information Technology (IT) environments and conduct compliance audits. This software includes internal controls that efficiently monitors for threats in data storages and automatically takes action once a threat is detected.
Integrations: Qumulo File Data Platform and Events Manager
Best for: companies in financial services, insurance and infrastructure, healthcare, manufacturing, retail and food services
Pricing: contact Netwrix directly for pricing information Free Trial: Available
Sofvie is a collaborative intelligence platform for Corrective and Preventive Actions (CAPA) that helps organizations identify, track, and take action to eliminate errors and instances of non-compliance.
Best for: heavy industries such as mining, construction, transportation, exploration and warehousing
Pricing: contact Sofvie directly for pricing information Free Trial: Available
Auditrunner is an internal audit, risk compliance, and quality management software with time integration of GRC solutions compliant with ISO, COSO, and others.
Integrations: Microsoft 365, Google Workspace, Microsoft Sharepoint, SAP Customer Experience, SAP Business One, and Industrial and Financial Systems (IFS) Applications.
Best for: businesses in banking, insurance, manufacturing, energy, and other sectors that need to perform audits, risk analysis, compliance checks, and improve quality processes
Pricing: pricing details not provided yet Pricing model: Free, Per User Free Trial: Available
Issuetrak is a cloud-based platform used for reporting issues, tickets, complaints, and resolving them.
Integrations: Azure Active Directory
Best for: companies in IT, customer service, Human Resources (HR), manufacturing, government, finance, education, transportation, and healthcare
Starting from: $59.00 /month Free Trial: Available
Avacor GRC is a tool used to assist Internal Audit (IA), Internal Control (IC), compliance control, and Risk Management (RM) departments. The platform is designed in cooperation with experts from Deloitte, Ernst & Young, KPMG, and PwC to comply with ISO 31000 and the standards set by the International Auditing and Assurance Standards Board (IAASB).
Integrations: Microsoft 365, Microsoft Sharepoint, Microsoft Azure, Microsoft Outlook
Best for: companies in the real estate and construction, manufacturing and production, and pharmaceutical industries
Starting from: $80,000.00 /year Pricing model: Usage Based
StandardFusion is rated among the best GRC solutions by independent researchers for successful risk, audit, and compliance management.
Integrations: Slack, Jira, Okta, and Confluence
Best for: any company that has information security compliance requirements, whether for certification, regulatory, legal, or contractual reasons
Starting from: $750.00 /month Pricing model: Per User Free Trial: Available
The Committee of Sponsoring Organizations of the Treadway Commission (COSO) defines internal control, in its Internal Control–Integrated Framework Executive Summary, as a process designed to provide assurance regarding the achievement of the following objectives:
COSO is an initiative of professional organizations dedicated to help businesses improve performance by enhancing their internal control, risk management, governance, and fraud deterrence.
COSO also provided in their Executive Summary, mentioned earlier, five integrated components of internal control, which are:
Discover how companies like yours are using iAuditor.
Something went wrong with your submission.
Trying to log in? Click here to log in
Contact us if you require any assistance with this form.
We use cookies to provide necessary website functionality and improve your experience. To find out more, read our updated Privacy Policy.