Tax & AccountingMarch 24, 2020

Wolters Kluwer extends the benefits of Its TeamMate®+ Global Audit Solution to auditors in the public sector

New TeamMate®+ public sector cloud-optimized audit management software provides enhanced tools for a higher quality audit.

Wolters Kluwer Tax & Accounting today announced the launch of TeamMate+ Public Sector, a cloud-based audit management solution that helps audit departments in the public sector align with organizational goals. This comprehensive solution helps auditors maximize performance management through a risk-based and data-driven audit approach so they can provide deep, valuable insights back to stakeholders and meet strategic objectives.

“Public Sector organizations are operating in fast-changing risk areas and a landscape riddled with regulatory and legislative requirements while, at the same time, managing the increasing expectations from their stakeholders,” said Jim Dunham, Executive Vice President & General Manager, Wolters Kluwer TeamMate. “The cloud-based TeamMate+ Public Sector solution provides a means for these organizations to streamline audit executions and automate tasks. It enables the auditors to connect all the points of the audit universe to provide insightful and high-impact reporting for internal performance and external assurance.” 

TeamMate+ technology and features are based on feedback from a user base of more than 120,000 auditors worldwide and are designed to meet the challenges auditors face today and in the future. With TeamMate+ Public Sector, audit professionals can develop flexible audit plans to confidently provide assurance to risk, regulatory and legislative requirements - with transparency and reliability.

Key benefits of TeamMate+ Public Sector include:

  • Ability to align audit and risk management to organizational objectives within a single application that can manage multiple audit universes, project types, and reporting structures
  • Features that enable auditors to report with confidence by aligning their streamlined, consistent methodology with local standards
  • An integrated analytics approach to data-driven audit planning and execution for greater insights and assurance
  • Flexibility of hosted or on-premise deployment to minimize IT resistance

“By partnering with TeamMate, organizations can ensure transparency and reliability, foster stronger collaboration with their stakeholders, and help audit lead strategic decision-making,” added Dunham. 

About Wolters kluwer

Wolters Kluwer (WKL) is a global leader in professional information, software solutions, and services for the health, tax & accounting, governance, risk & compliance, and legal & regulatory sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services.