caribbean association of audit committee members peta-gaye bartley 30 july 2013

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  • Slide 1
  • Caribbean Association of Audit Committee Members Peta-Gaye Bartley 30 July 2013
  • Slide 2
  • Save Time Adding Value 33% Documenting 10% 6% 4% 3% 9% 28% Auditing Other Planning Report Preparation Review Travel & Meetings Scheduling & Timekeeping
  • Slide 3
  • Studies have shown that on average, auditors spend in excess of 40% of their time documenting and reviewing work papers and preparing their reports. TeamMate Audit Management System has been designed as a tool to dramatically reduce time spent on those elements that provide less value. Users report average productivity increases of 20% 25% in the first year of TeamMate use. Save Time Adding Value
  • Slide 4
  • TeamMate Product Overview A COSO-compatible risk assessment tool for generating risk based audit plans A state of the art tool for scheduling your staff and audits Effectively manage budget vs. actual time & expenses A web based issues tracking and reporting system TeamStore
  • Slide 5
  • Quick Facts about TeamMate Smallest client has a two team member audit department Largest client has over two thousand licenses 1,800 organizations 85,000 + users 98 + countries Largest Audit Software Conference in the World Formal Focus Groups, Beta Test Groups and Contextual Design Groups Originally developed by PwC
  • Slide 6
  • Benefits of using TeamMate Risk Assessment Risk based audit plan Involvement of process owners in completing risk assessment Planning Consistent audit methodology (new audit automatically contain the required format) Best practices audit programs (AuditNet TeamStores) Workpaper Preparation Automated referencing Working in Teams Replication - File sharing remotely Mobile Functionality
  • Slide 7
  • TeamMate Here to Stay The industry standard used by three times as many auditors as all other systems combined TeamMate is part of Wolters Kluwer a $5 billion company / 20,000 employees Wolters Kluwer is investing heavily in TeamMate 400% employee growth in past 4 years 50% revenue growth over past 4 years
  • Slide 8
  • Need more information visit the TeamMate booth !