Are you using an audit management software solution? I'm looking to be more efficient and I think software would help. Looking for something that will help build my risk assessment, plan audits, maintain electronic workpapers, help build reports based on findings, and track responses by management. Ideally, both Internal Audit and Compliance could use the same system. So far, I’ve looked at:

TeamMate
ARC GRL
Quantivate
Continuity

If you have used any of these or have any other suggestions, I’d love to hear your experience. Thanks!

Tagging on here because I'm interested in the responses.

Do any of these programs incorporate workpapers for particular audits (e.g. Reg Z, Reg B, etc)?