Audit Management
Smarter Audits. Stronger Assurance. Seamless Oversight.
Empowered’s Connected Risk® Audit Management solution is purpose-built for modern Internal Audit teams seeking to elevate impact, reduce audit fatigue, and stay ahead of ever-evolving regulatory expectations. Designed by audit professionals for audit professionals, our platform streamlines planning, fieldwork, reporting, and follow-up—all within a single, configurable environment.
Whether you’re running a global audit program or building one from the ground up, Connected Risk brings confidence and control back to your audit process.
Connected Risk® now integrates seamlessly with Microsoft Office for the Web, allowing auditors to edit Word and Excel documents directly within the platform—no downloads, no version control headaches, just real-time collaboration where you need it most.
Why Auditors Choose Connected Risk®
Centralized Audit Lifecycle Management
From annual planning to final reporting, every audit and engagement is managed in one place—ensuring transparency, accountability, and complete traceability.
Built-In Risk & Control Integration
Link your audits directly to your enterprise risk register and control library. Prioritize engagements based on real risk, not just routine.
Configurable Workflows That Reflect Your Methodology
No two audit shops are the same. Connected Risk adapts to your process, not the other way around.
Embedded Issue Management & Action Tracking
Easily identify, document, assign, and track audit issues. Automated reminders and dashboards keep stakeholders accountable—no more follow-up fatigue.
Evidence & Workpaper Management
Drag-and-drop evidence collection, centralized documentation, and version-controlled workpapers ensure audit readiness and regulatory confidence.
Real-Time Reporting & Dashboards
Interactive visuals give leadership and the board immediate insight into audit status, coverage, findings, and risk alignment—without waiting for static reports.
Key Features at a Glance
Audit Universe Management
Maintain a centralized inventory of auditable entities across your organization. Prioritize based on risk, regulatory scope, geography, or business unit to ensure strategic audit coverage.
Risk-Based Audit Planning
Align your annual audit plan with enterprise risks using dynamic risk scoring and heat maps. Easily adjust priorities as new risks emerge or business conditions change.
Scoping & Engagement Templates
Build repeatable, best-practice audit templates and customize engagement scopes based on risk profile, regulatory requirements, or business impact.
Role-Based Access & Security
Granular user permissions ensure only authorized personnel can access specific audits, evidence, or findings—maintaining confidentiality and audit integrity.
Real-Time Reporting & Dashboards
Generate live dashboards and exportable reports to monitor progress, overdue actions, audit outcomes, and risk alignment. Share insights instantly with executives and audit committees.
Control Testing & Risk Linkage
Test controls directly within each audit engagement and tie findings back to specific risks and control objectives. See how audit results affect enterprise risk in real time.
Evidence Management
Securely collect, organize, and version supporting documentation and workpapers. Use drag-and-drop upload, tagging, and reviewer notes to streamline team collaboration.
Audit Workflow Automation
Define workflows for planning, fieldwork, review, and sign-off stages. Ensure consistent application of methodology and reduce bottlenecks with automated routing and notifications.
Findings & Issue Tracking
Document issues, assign owners, set deadlines, and follow up all within the platform. Built-in reminders and dashboards track progress and escalate overdue actions automatically.
Integration with Enterprise GRC
Connected Risk works seamlessly with Empowered’s full suite of GRC tools—linking Audit with Risk, Compliance, IT, and Vendor Management for a complete view of assurance.
Built for Today's Internal Audit Function
Today’s internal auditors are facing more pressure than ever—shrinking budgets, growing risk complexity, and rising expectations from executive leadership and regulators alike. That’s why Connected Risk is engineered to help Internal Audit teams not just keep up—but lead with confidence.
Whether you’re conducting SOX testing, ESG-related audits, IT risk assessments, or deep dives into operational performance, Connected Risk gives you the tools to stay ahead of emerging risks and deliver insights that matter.
Our platform empowers:
Chief Audit Executives (CAEs) to provide the board with real-time visibility and data-driven assurance.
Audit Managers to drive efficient fieldwork and keep engagements on track with collaborative workflows.
Cross-functional teams to break silos by integrating audit activities with enterprise risk and compliance functions.
With Connected Risk, your team can shift from reactive auditing to strategic assurance—turning audits into opportunities for continuous improvement and measurable value.
Ready to Elevate Your Audit Program?
Let us show you how Connected Risk transforms internal audit from a check-the-box function into a strategic asset.
Request a personalized demo today and experience the future of audit management—designed with your challenges in mind.
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Learn more about internal audit from Empowered Systems
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Expand with the Ecosystem
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"Powerful Platform For Compliance With Dynamic Regulatory Environment"
“The product is a powerful platform for regulated firms in the financial industry to comply with the ever-changing regulatory environment. The software helps my organization navigate rules and regulations, internal processes, and regulatory reporting requirements.”
Senior Associate, Finance Organization with an annual return of $1-3BN
