The Howdy Glossary

Wolters Kluwer TeamMate+ is a compliance software specifically designed to enhance internal auditing processes. It covers various stages of the audit lifecycle, including risk assessment, planning, scheduling, documenting findings, workflow management, and reporting. This software aims to improve efficiency and effectiveness in audit risk management through comprehensive toolsets and structured solutions.

Wolters Kluwer is a global provider specializing in professional information and software solutions for industries like healthcare, finance, legal, and regulatory compliance. Their TeamMate+ platform caters to internal audit functions by streamlining processes and enhancing overall audit quality. The platform's standout features include advanced tools for risk assessment, detailed planning capabilities, efficient documentation of findings, integrated workflow management systems, robust reporting functionalities for better decision-making, a user-friendly interface with customization options.

Competitors in the market include ACL (Galvanize), AuditBoard, SAP Audit Management, and MetricStream; however Wolters Kluwer TeamMate+ differentiates itself through its comprehensive range of tools covering every aspect of the audit lifecycle. Its emphasis on holistic solutions—combined with its ease of use and adaptability—positions it as a preferred choice among organizations looking to manage audit risks efficiently while ensuring regulatory compliance. Internal auditors across various sectors find this platform valuable for driving better decision-making based on thorough audits.