Audits are the worst. They’re expensive, complicated, time-consuming, and stressful. We get it—we’ve helped our clients through thousands of them and can guide you through the process.
If you’re experiencing one of these, you’re not alone:
- I just got an audit letter, I have no idea what to do. Where do I start?
- I’m worried about what this audit is going to expose and how it might reflect on my team. Who’s accountable if we’re not compliant?
- I don’t know what to collect for the audit nor how to gather it. How do I know what the auditors are asking for?
- I’m afraid we might share something that could put us in a difficult position. How can I control the flow of information to the auditor?
- Do I really have to respond to this audit? What are my legal/contractual obligations?
Audit Support Framework
To combat an audit you’ll need a tried-and-true Audit Support Framework that addresses the challenges you face and gives you a step-by-step action plan to navigate your audit successfully.
- Process. Get to grips with the steps of an audit and create a RACI so everyone knows their role.
- Strategy. Develop a communications plan with an escalation matrix for high-risk and profile areas.
- Scope. Limit the product families and product groups to reduce effort.
- Data. Review your data to make sure only required data for the audit is shared with the publisher.
- Claims. Reduce the cost of non-compliance by creating a process to quickly interpret and verify claims from the software publisher.
- Findings. Develop a process to shape audit findings and influence the end audit outcome position from the software publisher.
- Defense. Build a playbook defending your shaped findings and reduce non-compliance risk as much as possible.
What our clients are saying.
“Anglepoint is great at helping me understand what to do and what to prepare for from a vendor audit perspective. Their expertise is unbelievable. Our purchase with Anglepoint has been recognized by leadership as a great decision for our organization.”
– Program Director, Software Asset Management, Finance & Banking
Want to prepare for future audits?
Imagine how much more strategic you can be when audits don’t keep you up at night. We’ll help you be proactive by building an Audit Response Framework.
- Ensure all departments understand their role in the audit process by using a RACI
- Categorize publisher-specific risk through a special audit-risk methodology
- Create an escalation matrix/communication strategy for audit response
- Put the right contractual protections and language in place in your original software agreements.