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What is Laser Audit Reporting System - LARS?

Implementing an advanced internal audit reporting software system allows organizations to clearly identify their strengths and the areas that require enhancement. To maximize the effectiveness of internal audit management tools for future achievements, it is essential to adopt the right solutions that aid both staff and procedures, reduce audit durations, and deliver substantial benefits to stakeholders. The Laser Audit Reporting System (LARS®) provides a web-based platform that enables comprehensive oversight of the entire audit lifecycle, employing a structured, methodical, and standardized approach to internal audit management. This system features real-time updates regarding the status of ongoing audits at multiple locations, enhancing transparency and communication. It centralizes the management of audit planning, programs, work papers, and fieldwork, while promoting seamless collaboration among Auditors, Auditees, and Management at all organizational levels. An effective Audit Management System serves as a critical resource for improving decision-making capabilities throughout the organization, ultimately leading to more strategic and well-informed choices. By adopting this thorough approach to audit management, organizations can ensure ongoing improvement and cultivate a culture of accountability throughout the audit process, reinforcing the integrity and reliability of their evaluations.

What is Compas Suite?

The Compas Suite functions as an all-encompassing tool for operational audits and data gathering, designed to boost compliance and enhance both employee and organizational performance. Many businesses, especially those operating in the global retail market, often face hurdles like distance and time that impede the accurate assessment of operational compliance. Sending auditors to each location is frequently impractical, if not entirely impossible. Moreover, when audits are conducted at different sites, managing the outcomes, addressing any problems that arise, and educating a varied workforce about company standards and policies can become overwhelming. The Compas Suite effectively tackles these issues by aiding clients in overcoming geographical and organizational barriers, which in turn supports an automated and sustainable auditing framework along with a robust communication strategy. It is composed of two separate modules that can be implemented either independently or in conjunction, providing the flexibility needed to cater to diverse organizational requirements. Consequently, organizations can optimize their compliance workflows while making sure all employees remain well-informed and in sync with corporate policies, ultimately fostering a more cohesive and compliant work environment. This adaptability makes the Compas Suite a vital asset for businesses striving to maintain high standards across multiple locations.

Media

Media

Integrations Supported

CompuFACT
Hyperfish
LawTrac

Integrations Supported

CompuFACT
Hyperfish
LawTrac

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Etrends Technologies

Date Founded

2008

Company Location

India

Company Website

www.lasergrc.com

Company Facts

Organization Name

Protiviti

Date Founded

2002

Company Location

United States

Company Website

www.protiviti.com

Categories and Features

Audit

Alerts / Notifications
Audit Planning
Compliance Management
Dashboard
Exceptions Management
Forms Management
Issue Management
Mobile Access
Multi-Year Planning
Risk Assessment
Workflow Management

Categories and Features

Audit

Alerts / Notifications
Audit Planning
Compliance Management
Dashboard
Exceptions Management
Forms Management
Issue Management
Mobile Access
Multi-Year Planning
Risk Assessment
Workflow Management

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