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About TeamMate+ Audit
TeamMate+ Audit is a cloud-based audit management system for businesses of all sizes to improve the visibility, efficiency and consistency of internal audits across the departmental and organizational levels. It allows auditors to generate customizable audit reports, view audit processes, store and reuse content, configure workflow phases and support multiple levels of review and track document changes through a robust audit trail. Designed to streamline and enhance the audit process for teams in various industries. Offering an end-to-end audit management and workflow solution, the platform empowers professionals from the initial stage of establishing annual plans to the final steps of closing audits and executing follow-ups. This comprehensive tool provides a structured framework that allows audit teams to efficiently navigate through their workflows, ensuring transparency, accuracy, and compliance with regulatory requirements.
With TeamMate+ Audit dashboards, managers can assign audit work, view the overall audit process for risks and compliance, and track ongoing issues, recommendations, and available staff. TeamMate+ Audit is able to adjust to any audit department or team with configurable fields, end user configurations, and workflows to meet project milestones. Auditors are also able to change information views for personalized or standard viewing to examine different dimensions of the audit process. The software's flexibility enables tailored solutions for a range of industries, including public sector, financial services, automotive services and manufacturing. By developing flexible work plans, audit teams can effectively provide assurance and mitigate risks while meeting regulatory and legislative demands. For financial services, it offers an innovative solution that integrates seamlessly with business operations to monitor risk and facilitate rapid responses to dynamic environments, aiding in achieving organizational objectives.
Internal audit teams can benefit from advanced tools that facilitate adaptation to evolving challenges and support business growth proactively. With an emphasis on core capabilities such as risk-focused planning and execution, data-driven insights, stakeholder engagement and an open ecosystem, TeamMate+ Audit equips users with the tools needed to drive continuous improvement and deliver impactful audit outcomes. Its reporting functionality allows auditors to easily compile and configure data to electronically generate an audit report within minutes. To maintain reporting standards, the solution allows customization of any audit report through configurable templates. The application also allows auditors to track all audit files and edits with a complete audit trail to protect data integrity for external review.
internal audit teams benefit from advanced tools that facilitate adaptation to evolving challenges and support business growth proactively. With an emphasis on core capabilities such as risk-focused planning and execution, data-driven insights, stakeholder engagement, and an open ecosystem, TeamMate+ Audit equips users with the tools needed to drive continuous improvement and deliver impactful audit outcomes.
Additionally, the software's infrastructure compatibility ensures seamless integration with existing systems, enhancing operational efficiency and data accuracy. TeamMate+ Audit harnesses the power of technology to deliver actionable insights, streamline processes, and enhance collaboration among team members and stakeholders.
TeamMate+ Audit pricing
TeamMate+ Audit does not have a free version and does not offer a free trial. TeamMate+ Audit paid version starts at USD 0.01/year.
Starting Price:
USD 0.01/year
Free Version:
No
Free trial:
No
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TeamMate+ Audit Reviews
Feature rating
5 reviews of 52
View all reviews
Chirag Malhotra
- Industry: Accounting
- Company size: 1,001–5,000 Employees
- Used Weekly for 2+ years
-
Review Source
5
Reviewed on 02/05/2021
Best audit documentation software
I am very happy with teammate as it made my life very easy and managed. My auditing have become so transparent and manageable that I wish I could use it in future organizations as well.
Pros
I am using teammate for preparing audit programs for my internal audit engagements. This is the best software I have ever used for audit documentation purpose. It gives me real time updating facility and even my seniors can review work/ documents immediately after I update them. I recommend every auditing firm or company to get this software to make your documentation monitoring strong.
Cons
Sometimes I faced this issue that after opening a attached document, viewing it and then closing it. If I try to open another document attachment of same type, then it displays an error that previous file is still open and I need to close it, however, I have already closed it. Please fix this issue.
Christian
- Industry: Information Technology & Services
- Company size: 11–50 Employees
- Used Daily for 2+ years
-
Review Source
5
Reviewed on 02/10/2023
Top of class audit management solution
Pros
Easy to use web interface, which follows seamlessly the audit management workflow (which is user configurable as well), and fully adaptable to the particular organization's need. Advanced reporting and issue tracking capabilities allow for automating these tasks for both audit users and audit clients.
Cons
Though there is a very high level of customization for reporting, some of the integrated reports provided are somewhat limited in the amount of fields that are available for use (based upon the report used).
Reasons for Switching to TeamMate+ Audit
Ease of use, value for money, and advanced reporting capabilities.
Anoop
- Industry: Education Management
- Company size: 2–10 Employees
- Used Daily for 6-12 months
-
Review Source
3
Reviewed on 13/04/2020
What I like and dislike about TeamMate+
My team will be completing one year using TeamMate+ Audit in a couple of months. Our experience thus far has been a mixed bag. While some features have been refreshing and have resulted in increased productivity, we've also been forced to adopt "adapt, improvise and overcome" approach in order to work around many of the software limitations. Customer service has been extremely disappointing. Response times are insanely long. They never answer their phones. The turnout time for even the most urgent issues exceeds 24 hours.
Pros
Some impactful features of note are ability to roll forward open projects to the following years, issues tracking, TeamStore, ability to customize or create our own folder structure and taxonomy (in fact all features that are customizable are user favorites), dimensions and perspectives. Ability to integrate with MS Office products and PDF is also great when it works as intended.
Cons
In terms of functionality, Cognos reporting is limited to canned reports, with no opportunity to create custom reports resulting in users spending exorbitant amount of time reworking generated reports or creating their own reports from scratch to produce the required information. The notifications are also limited to what comes with the product with no option to create your own. There are no users manuals or workbooks available for audit clients, although the product is designed to be used by them. We had to create our own manuals. User roles are also limited to whatever comes with the product, resulting in restricting some users in performing their jobs - they either have too little access or too much based on the available roles. Cannot pick and choose the privileges. Also a lot of MS Office integration issues every time there is an update and which take forever to resolve. Also limited to the four audit workflow states for majority of objects (In Progress, Prepared, Reviewed - Accepted/Rejected). No option to create your own state. Survey text appearance is terrible (too small) with no option to change the font size. Timesheets don't preserve the selections made in the preceding weeks. Document Request feature does not maintain a trail of all the sent and received requests due to which we have deactivated this feature. All these restrictions limit the users in performing their work to the full extent and using the product to its full potential.
Alternatives Considered
CaseWare IDEAReasons for Switching to TeamMate+ Audit
My team is a long time user of TeamMate. We upgraded from TeamMate AM to TM+. We chose TeamMate because users were familiar with the software which helped with the transition. Cloud based platform and hosting by TeamMate were other deciding factors.
Jackie
- Industry: Electrical/Electronic Manufacturing
- Company size: 10,000+ Employees
- Used Daily for 6-12 months
-
Review Source
4
Reviewed on 31/10/2024
Good to get a start on Audit
Pros
All audits are within one same tool which makes it easy for consistency and archiving
Cons
The display and overall feeling of the tool is not AI enhanced
Julie
- Industry: Insurance
- Company size: 1,001–5,000 Employees
- Used Weekly for 6-12 months
-
Review Source
4
Reviewed on 17/08/2020
TeamMate+
Overall, we like the tool. Choosing the vendor hosted SaaS solution has been a huge advantage for our small team. We no longer have to coordinate with our IT staff and perform testing for new releases. This time savings is invaluable. While I have found success with the support team, I feel it is understaffed which has led to longer wait times than should be considered acceptable. We are in it for the long term though and look forward to helping shape TeamMate+ into a tool valuable for audit departments all over the world.
Pros
Being a TeamMate AM user it was fairly easy to transition to TeamMate+. The concepts were the same so we understood the framework that was used to develop and modernize the software. This made it much easier for our small team to pick up learning TM+ versus starting completely from scratch with a new vendor.
Cons
TeamMate+ is not done being built. Of course one is never done, but some basic functionality that existed in TeamMate AM is not yet available in TeamMate+. This is frustrating as some of that functionality was used by our team and now we have to wait to see if and when it will be added. Due to these items not being explicitly defined it has taken us a while to identify all of them and causes delays as we figure out acceptable workarounds.
