When you hear the word, ‘audit’, what’s the first thing that comes to mind? Panic? Pain in the neck? How about, “Bring it on!” Once thought of as the administrative office, Accounting and Finance Departments as a whole have grown in strategic responsibility. They now must provide clear and spot-on accurate information to audit committees, treasury groups, and corporate executives. Regulations and legislations not only require accuracy, but transparency. As a result, internal auditing has been thrust into a pivotal role, tasked with being the stewards of accountability trails that ensure organizations are in compliance with regulations and standards. Businesses must proactively prepare for external and internal audits to survive the scrutiny.

An audit effects the entire organization but is generally the responsibility of a chosen few. What are the top five things to consider for your audit?

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Captaris offers document management software to meet these needs. With Captaris Alchemy you can have an electronic filing cabinet to quickly capture and retrieve your audit data. You can retrieve exactly what you need and quickly supply an auditor with the requested information. By capturing invoices, proofs of delivery, purchase orders, and other related documents electronically, searching for what you need becomes easy and retrieval times will be improved dramatically. Simplify the delivery of audit information; the more prepared an accounting department is, the less auditors need to do and that may translate into savings for the company. It will certainly make life in the accounting department a little easier.