You know how audits can be a bit of a challenge, right? All those complex processes, endless spreadsheets, and manual data entry. It's a lot to handle. But here's the thing - audit automation is making a difference.

I recently stumbled upon some interesting stats from McKinsey. Apparently, up to 60% of the audit process can be automated. And without automation, error rates in audits can reach 16%. Plus, analysts can spend up to 26 hours a week on manual spreadsheet work. It's quite surprising, isn't it?

SheetSway is a software that offers audit automation. It's designed to help audit teams and individuals alike. I mean, who wouldn't appreciate a little help in saving time and reducing errors?

Sheetsway is launching audit automation tools and solutions soon. They're meant to assist in streamlining audit and compliance workflows. The idea is to offer on-demand solutions with reports, strategies, and tools for automating processes. It's all about making things a bit easier for internal audit teams.

Here's what audit automation can offer:

Efficiency and Cost Savings: Imagine audit tasks running 24/7 at a faster pace. It could lead to remarkable cost savings.

Improved Quality: Automation can help reduce errors in audit reports.

Real-Time Collaboration: With cloud tech, teams can work on audits online, all at the same time.

Centralization and Standardization: Automation can promote quality and process efficiency, leading to a smoother audit experience.

Focus on What Matters: Automation can handle some of the routine tasks, allowing you to concentrate on tasks that require your expertise.

So, keep an eye out for new developments in audit automation. It's an interesting field, and it's always good to explore new ways to make our work a little easier. Let's catch up soon and chat more about it!