Posted Date : April 28,2022
Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID : SW-56174
Government authority located in Tennessee, USA; based organization looking for expert vendor for audit software.
[A] Budget: looking For Proposal
[B] Scope of Service:
(1) Vendor needs to provide cloud-based audit workpaper software to support an internal audit department of approximately 26 users across the state in at least four different geographic areas in addition to periodic guest/visitor users.
- Capability to support all functions of internal audit operations and management, including but not limited to: workpaper documentation and maintenance, planning work, field work, reporting, issue tracking and follow up work, risk assessments, annual audit plan monitoring, and time management
- Audit documentation compliant with industry standards
- Provide an overview and process flow information for the audit life cycle, follow up process, reporting process, and time management
- Provide an overview and process flow information for periodic reporting, such as Audit Committee reporting, annual reporting, and periodic risk assessment processes
- end-to-end system interface and navigation
- ability to work on multiple browsers; specify supported browsers
- capabilities for automated email notifications/alerts/prompts/ reminders
- Ability to rank risks based on criteria such as impact and likelihood
- Ability to quantify risks based on customized fields, such as level of existing controls, management oversight assessment, dollar amount and number of financial transactions such as income or expenses, total asset value, total amount of grant funds, number of regulations, etc.
- Ability to maintain a risk registry and control/policy library and ability to link these and roll from year to year
- Ability to attach workpaper files of many types
- Management action plan section for follow-up work
- Ability to close projects for tracking and reporting purposes
- Ability to send audit requests to control owners for response
- Surveys or emails allowing control owners to signoff or edit their controls on a periodic basis, including the ability to attach or send files to internal audit via the software
- Ability to set or create custom time reporting codes or categories
- Ability to distinguish/track hours between original project and follow-up hours worked
- Ability to filter or sort timesheet by most current projects and time spent
- Auto-generate audit reports based on workpaper/issue fields such as issue risk, issue type, etc. and entity or location
- Ability to edit existing reports or write and customize new reports within the system
- Automated sending of periodic reports to audit leadership or other stakeholders
- Backup and recovery capability.
(2) All questions must be submitted no later than May 11, 2022.
[C] Eligibility:
- Onshore (USA Only);
[D] Work Performance:
Performance of the work will be Onsite and Offsite. Vendor needs to carry work in their office location.
Budget :
Deadline to Submit Proposals: May 18,2022
Cost to Download This RFP/RFQ/RFI/Solicitation/Tender/Bid Document : 5 US$
Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID : SW-56174
Government authority located in Tennessee, USA; based organization looking for expert vendor for audit software.
[A] Budget: looking For Proposal
[B] Scope of Service:
(1) Vendor needs to provide cloud-based audit workpaper software to support an internal audit department of approximately 26 users across the state in at least four different geographic areas in addition to periodic guest/visitor users.
- Capability to support all functions of internal audit operations and management, including but not limited to: workpaper documentation and maintenance, planning work, field work, reporting, issue tracking and follow up work, risk assessments, annual audit plan monitoring, and time management
- Audit documentation compliant with industry standards
- Provide an overview and process flow information for the audit life cycle, follow up process, reporting process, and time management
- Provide an overview and process flow information for periodic reporting, such as Audit Committee reporting, annual reporting, and periodic risk assessment processes
- end-to-end system interface and navigation
- ability to work on multiple browsers; specify supported browsers
- capabilities for automated email notifications/alerts/prompts/ reminders
- Ability to rank risks based on criteria such as impact and likelihood
- Ability to quantify risks based on customized fields, such as level of existing controls, management oversight assessment, dollar amount and number of financial transactions such as income or expenses, total asset value, total amount of grant funds, number of regulations, etc.
- Ability to maintain a risk registry and control/policy library and ability to link these and roll from year to year
- Ability to attach workpaper files of many types
- Management action plan section for follow-up work
- Ability to close projects for tracking and reporting purposes
- Ability to send audit requests to control owners for response
- Surveys or emails allowing control owners to signoff or edit their controls on a periodic basis, including the ability to attach or send files to internal audit via the software
- Ability to set or create custom time reporting codes or categories
- Ability to distinguish/track hours between original project and follow-up hours worked
- Ability to filter or sort timesheet by most current projects and time spent
- Auto-generate audit reports based on workpaper/issue fields such as issue risk, issue type, etc. and entity or location
- Ability to edit existing reports or write and customize new reports within the system
- Automated sending of periodic reports to audit leadership or other stakeholders
- Backup and recovery capability.
(2) All questions must be submitted no later than May 11, 2022.
[C] Eligibility:
- Onshore (USA Only);
[D] Work Performance:
Performance of the work will be Onsite and Offsite. Vendor needs to carry work in their office location.
Budget :
Deadline to Submit Proposals: May 18,2022
Cost to Download This RFP/RFQ/RFI/Solicitation/Tender/Bid Document : 5 US$