Galileo is a fully integrated Audit Management, Work Paper, Action Tracking and Reporting System which is tailored to suit the precise needs of an Internal Audit, Investigations, Compliance or other project oriented department.
When integrated with the Magique Risk Management System, it provides a full risk-based auditing methodology to plan from the risk register and feed the audit results back to the register. The system covers Strategic and Annual Planning, including Assurance Mapping which ensures targeting of high risk areas whilst maintaining coverage and Intelligence gathering and processing. Activity Monitoring and Tracking ensuring problems and delays are identified and attended to at the earliest time with Resource Management, Scheduling and Time Recording to ensure effective use of resources.
A range of work papers which can be configured as required. Optional population of control testing papers from libraries of standard tests, risk registers and policy conformance exercises. All work papers include options for embedded links, hyperlinks and attachments.
Audit work prioritisation to optimise the risk and control coverage and maximise the assurance given on management’s assessment of their risks.
Intelligence gathering from meetings, events, whistleblower and news is fed back into the planning process to cover the changing requirements.
Provides activity planning including audits, investigations, projects and administrative functions. Allows in-depth activity progress and action tracking.
A wide variety of flexible reports, including Audit Progress and Performance, Audit and Action Tracking and Dashboard Reports. Throughout the system, standard and organisation-specific KPI and Statistics are provided.
Email alerting of overdue actions and proactive alerting of pending items.