An audit is a systematic review used to determine whether an object meets previously specified criteria. Audits are typically conducted using questionnaires that represent the criteria. Audit management involves planning and executing audits, rating audit objects, monitoring corrective and preventive actions based on findings, and analyzing audit data.
The Audit Management tool is versatile and can support all different types of audits (e.g., supplier audits, internal audits, environmental audits) and other types of assessments, reviews, audits, or revisions. Audit Management helps companies comply with legal requirements or industry standards.