Industry leader will show how new tools combined with best practices can improve audit processes and productivity
PARIS, August 27, 2012 – MEGA, a leader in internal audit and risk solutions, will share industry best practices with CAEs and CROs at the European Confederation of Institutes of Internal Auditing (ECIIA) Conference in Amsterdam, September 12-14.
The conference is held for professionals and executives with responsibilities for audit, risk management, compliance, and other GRC activities.
"As audit teams face increasing workloads, it is increasingly important to use industry best practices and the proper tools to increase organizational efficiency and productivity in audit processes," explained Lucio de Risi, CEO, MEGA. "At the conference, our seasoned internal audit experts will show how to improve and streamline internal audit programs, while minimizing risks."
At the conference, MEGA will demonstrate tools that can automate internal audit management and support all major audit processes, helping companies accomplish more with fewer resources.
"Our work with audit departments worldwide is focused on helping them adopt industry best practices that aid in meeting increased regulatory complexity and gaining more control over operations to improve business performance," continued de Risi.
In June, MEGA introduced an internal audit management solution that combines the functions of internal audit with industry best practices in a pre-packaged solution. The MEGA Suite, used by companies worldwide, helps make it faster, easier, and less expensive to implement an internal audit program.
Recent industry surveys have found that corporate performance improves when internal audit functions such as control, compliance, and risk are integrated with knowledge about an organization’s business processes. Internal auditors have been adopting GRC software that can easily link information about the company’s organization, efficiency, and risk profile with business process knowledge and how these processes relate to risk and control objectives.
MEGA is the only company that offers a fully-integrated solution linking GRC objectives with business processes to ensure performance optimization. The MEGA Suite, which supports the IIA internal audit methodology, provides a common repository that stores all pertinent GRC information for analysis and sharing. This inclusive database helps auditors provide executives and the Board of Directors with reliable and transparent information so they can make sound business decisions. It enables information consistency and sharing, best practices standardization, team collaboration, and reliable reporting.
The MEGA Suite has been in numerous industry reports on GRC, including Continuity Magazine’s Risk Assessment Software Report 2012, which cited the MEGA Suite as "the foundation for a complete set of integrated GRC solutions for risk managers, compliance managers, internal control and audit." MEGA was named to the Chartis 2011 RiskTech100 report and as a leader in the Chartis Operational Risk and GRC Software Solutions, cited in Forrester Research’s The Forrester Wave: Enterprise Governance, Risk, and Compliance Platforms, Q4 2011, and named a visionary in the July 2011 Gartner Magic Quadrant for Enterprise Governance, Risk and Compliance Platforms.