Internal audits become difficult to manage when evidence is scattered across folders, findings are tracked in spreadsheets, and remediation updates depend on long email threads. As compliance requirements grow, audit teams need better visibility into internal controls, documentation, and ongoing remediation activities. 

 

This is why many organizations are moving toward internal audit management software to centralize audit workflows, automate evidence collection, and improve audit readiness.

 

The challenge is that not all platforms are built for the same use case. Some focus on enterprise governance workflows, while others prioritize compliance automation, reporting, or operational audits.

 

This guide covers some of the best internal audit management software platforms and what organizations should consider when evaluating them.

 

 

Internal audit management software: At a glance

 

Software	Best for	Key strengths	Notable capabilities
CyberArrow GRC	Compliance-driven enterprises	Audit, risk, and compliance alignment	Automated evidence collection, ongoing control monitoring, risk-based auditing, real-time dashboards
AuditBoard	Enterprise audit teams	Audit lifecycle management	SOX management, issue tracking, dashboards
MetricStream	Large enterprises	Enterprise GRC integration	Risk-based audits, enterprise workflows
Workiva	Reporting-heavy environments	Connected reporting and collaboration	Linked data, audit documentation
TeamMate+	Mature internal audit programs	Audit workpaper management	Audit planning, analytics, remediation tracking
Diligent One	Governance-driven organizations	Board and audit visibility	Audit analytics, risk oversight
SAP Audit Management	SAP-centric enterprises	Enterprise integration	SAP workflow and compliance alignment

 

Let’s explore this internal audit management software in detail.

 

1. CyberArrow GRC 

 

CyberArrow is a GRC and compliance automation platform to help organizations manage internal audits, risk assessments, compliance activities, and ongoing control monitoring from a centralized environment.

 

The platform focuses on reducing the operational burden of audit management by automating evidence collection, simplifying audit workflows, and improving visibility into controls, findings, and remediation activities. It supports organizations managing frameworks such as ISO 27001, SOC 2, GDPR, PCI DSS, and other regulatory requirements.

 

Key features

 

• Centralized audit tracking and management.
• Automated audit workflows and notifications.
• Real-time audit dashboards and reporting.
• Issue and remediation tracking.
• Compliance checklists and audit templates.
• Audit trails for accountability and traceability.

 

The platform also supports automated risk assessments with pre-mapped risks and mitigations aligned to multiple compliance frameworks and standards.

 

Best suited for organizations that want internal audit management closely integrated with compliance automation, risk management, and continuous control monitoring.

 

 

2. AuditBoard

 

AuditBoard provides a cloud-based platform for internal audit, risk management, SOX compliance, and controls monitoring. It is widely used by enterprise audit teams that need centralized audit planning, issue tracking, and reporting capabilities.

 

The platform is known for supporting end-to-end audit lifecycle management while connecting audit activities with broader risk and compliance programs.

 

Key features

 

• Risk-based audit planning.
• Automated workpapers and documentation.
• SOX and internal controls management.
• Real-time audit dashboards.
• Issue and remediation tracking.

 

AuditBoard is commonly adopted by mid-sized and large enterprises managing multiple audit and compliance processes.

 

3. MetricStream

 

MetricStream supports enterprise audit and governance programs through integrated GRC capabilities. The platform is designed for organizations operating across multiple business units, regulatory environments, and risk domains.

 

It connects audit management with enterprise risk, policy management, and compliance workflows.

 

Key features

 

• Enterprise audit planning and scheduling.
• Risk-based audit execution.
• Advanced analytics and reporting.
• Policy and compliance integration.

 

MetricStream is often used by large organizations that require scalable audit and governance workflows across global operations.

 

4. Workiva

 

Workiva is widely used for connected reporting, audit documentation, and compliance collaboration. The platform links audit evidence, controls, reports, and financial data within a centralized environment.

 

Organizations often use Workiva when audit workflows need close alignment with financial reporting and regulatory disclosures.

 

Key features

 

• Real-time collaboration across teams.
• Connected audit and reporting data.
• Evidence and document management.
• Version control and audit trails.
• Workflow and approval tracking.

 

Workiva is commonly adopted in environments where multiple stakeholders contribute to audit and compliance processes.

 

5. TeamMate+

 

TeamMate+ is an internal audit management platform developed for organizations with mature and structured audit programs. It supports audit planning, workpaper management, analytics, and remediation tracking across complex audit environments.

 

The platform has long been used by large enterprises and internal audit departments managing multi-location audit operations.

 

Key features

 

• Audit planning and resource management.
• Standardized workpaper templates
• Audit analytics and CAATs support.
• Findings and remediation tracking.
• Multi-location audit oversight.

 

TeamMate+ is often selected by organizations with established audit methodologies and formal internal audit structures.

 

6. Diligent One

 

Diligent One combines audit, governance, risk, and compliance capabilities within a single platform. It is commonly used by organizations that want stronger alignment between audit activities, board oversight, and enterprise governance processes.

 

The platform supports audit visibility alongside risk monitoring and compliance management.

 

Key features

 

• Integrated audit and risk oversight.
• Continuous monitoring and analytics.
• Findings and issue management.
• Board-level reporting visibility.
• Centralized governance workflows.

 

Diligent One is often used in governance-driven environments that require visibility across audit and risk activities.

 

7. SAP Audit Management

 

SAP Audit Management is for organizations operating within SAP ecosystems. The platform supports audit planning, execution, findings management, and reporting while integrating with broader SAP governance and compliance environments.

 

It is commonly used by enterprises seeking tighter alignment between audit processes and SAP-based operations.

 

Key features

 

• Integrated SAP audit workflows.
• Audit planning and scheduling.
• Findings and corrective action tracking.
• Centralized audit documentation.
• Enterprise reporting capabilities.

 

SAP Audit Management is suited for large organizations already using SAP solutions across finance, operations, and governance functions.

 

How to choose the right internal audit management software

 

Selecting the right platform depends on audit complexity, compliance requirements, and workflow maturity.

 

• Evaluate audit workflow requirements: Some organizations need simple audit tracking, while others require advanced workflow automation, remediation management, and enterprise reporting. Understanding how audits are currently managed helps identify the level of functionality required.

 

• Look for centralized evidence management: Audit evidence is often scattered across emails, spreadsheets, and multiple systems. Platforms with centralized repositories help reduce document fragmentation, improve audit visibility, and simplify evidence retrieval during audits.

 

• Assess automation capabilities: Automation helps reduce manual effort across recurring audit tasks such as evidence collection, audit reminders, findings tracking, and reporting workflows. This is especially useful for organizations managing multiple compliance frameworks.

 

• Consider integration requirements: Internal audit software should integrate with existing systems such as ERP platforms, risk management tools, compliance systems, and workflow applications. Strong integrations improve data consistency and reduce duplicate work.

 

• Evaluate reporting and dashboard visibility: Real-time dashboards help teams monitor audit progress, outstanding findings, remediation status, and compliance readiness. Clear reporting improves visibility for leadership teams and auditors.

 

Experience zero-touch audits with CyberArrow GRC

 

If your organization is looking for internal audit management software that combines audit workflows, compliance management, risk tracking, and automation within a single platform, CyberArrow can be a strong option to consider.

 

CyberArrow GRC helps organizations simplify internal audits through continuous control monitoring and real-time reporting. Instead of managing audits through spreadsheets and disconnected systems, teams can manage audit activities, findings, remediation tasks, and compliance workflows from one place.

 

Key capabilities include:

 

• Automated audit workflows and reminders.
• Centralized evidence and document management.
• Real-time audit dashboards and reporting.
• Risk-based auditing and issue management.
• Continuous internal control monitoring.
• 80+ integrations for connected compliance workflows.

 

See what our clients have to say about CyberArrow GRC:

 

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