Automate your audits and rapidly assess the entire enterprise
Manage audits of multiple frameworks
Conducting an enterprise-wide audit is complex and the WaveFire platform makes the audit process standardized, consistent, and measurable.
WaveFire enables administrators to automate audits with a user-friendly assessment interface. WaveFire supports enterprise-wide audits of policies and procedures while facilitating the request and collection of supporting artifacts. WaveFire’s platform gives audit teams a way to assess the maturity of controls and manage the relationships between risks, controls, control owners, entities, and frameworks. After an audit is completed, the WaveFire platform supports monitoring and tracking remediation for ongoing audit preparation.
WaveFire for Audits
Disseminate audit questions to control owners throughout the organization with an easy interface
Eliminate repetition by requiring the answer once and applying to multiple locations, business units, and frameworks
Transition from sampling to rapidly assessing across the enterprise
Support audits with easily uploaded artifacts
Store risk control matrix for quick reference
Manage the relationship between risks, controls, control owners, entities, and frameworks
Real-time reporting on the entire enterprise
Monitor and track remediation efficiently with transparency
Produce regulatory reporting as needed
WaveFire Supports Sarbanes-Oxley (SOX)
WaveFire can help support an organization’s internal SOX compliance and audit efforts by providing tools to assess controls, obtain audit evidence, and approve responses from key process owners.
WaveFire Supports SOC 2
Service organizations often need help in gaining compliance with the SOC 2 Trust Service Criteria from the American Institute of CPAs (AICPA) in order to issue a SOC 2 report. WaveFire helps an organization analyze its environment against the SOC 2 framework and manage the remediation of gaps to prepare for the actual SOC 2 audit.
WaveFire Supports GDPR Framework
The European Union’s (EU) General Data Protection Regulation (GDPR) represents one of the biggest changes in data privacy regulation over the last 20 years. WaveFire can help organizations who process or store data from EU residents to assess their organizations against these new requirements and map out a game plan for compliance.
WaveFire Supports Third-Party Risk Management
Effectively managing relationships with outside vendors is a key to addressing risk and improving security in most organizations. WaveFire can help with the assessment and management of potential risks introduced by relationships with these third parties by providing a platform for initial vetting, reporting to management, remediation, and periodic reevaluation.
Consulting Services to Support Audit
We partner with a full-service firm with an experienced team of consultants, performs risk management and audit outsourcing services for several of the largest public and private companies in middle Tennessee.
The team includes expert auditors who serve on boards of local professional organizations such as ISACA and the Institute of Internal Auditors (IIA) and have obtained relevant certifications, including Certified Information Security Auditor (CISA) and Certified Internal Auditor (CIA).
WaveFire incorporates the consulting experience of hundreds of engagements in pre-built assessment frameworks and pre-built recommendations. The tool can be deployed and managed without consulting services. However, when additional expertise is required WaveFire can provide individuals with deep experience across a variety of compliance frameworks and industries.
The team offers a full suite of auditing services. These include:
- Internal Audit Outsourcing / Co-Sourcing
- Enterprise Risk Management
- Fraud Risk Analysis / Foreign Corrupt Practices Act
- Operational Efficiency Audits
- IT Risk Analysis and Security Assessments
- Qualified Security Assessor (QSA) for PCI
- AICPA SOC 1 and SOC 2 Assessments
Ready to make your team more effective?
Let us show you how WaveFire can improve your auditing process.