Excerpt
This mid-size NBFC, with 170+ branches spread across India, specializes in small & micro business loans. Audit360 helped them digitize their central and branch internal audit operations.
This mid sized NBFC has an all India operation with over 170+ branches. When Audit360 was implemented, a team of 30 talented internal auditors were managing branch and process audits for the entire organization
While the NBFC was scaling operations, scalability of the internal audit with manually operated processes was not feasible. The NBFC was looking for automation that would help them scale internal audit operations with business growth. Building controls and visibility in branch and field audits was critical for sustainability.
We implemented Audit360 enterprise edition. Audit360 mobile app was provided to field officers to take care of field and branch audits. The entire internal audit workflow was automated. With real time reporting & tracking and customizations, the NBFC was able to implement enterprise controls for audit operations with ease. There was a 70% time release for the entire team.
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