Artificial Intelligence (AI) is reshaping the future of internal audit and GRC. TeamMate empowers organizations to unlock AI’s potential with innovative tools, trusted resources, and practical guidance designed to enhance performance and deliver meaningful results.
TeamMate AI Editor
Developed with robust user safeguards and industry-leading data protection, TeamMate AI Editor leverages advanced AI models to enhance productivity and support professional, accurate, and consistent audit documentation.
- Edit or review – Improves writing by reducing and simplifying language to instantly turn complex subject matter into high-quality output.
- Generate from selection – Summarizes large volumes of text into meaningful abstracts or can expand upon and provide a more complete narrative.
- Change tone – Suggests rewrites of your text in the tone of your choosing, including options to make the information more professional, direct, confident, or friendly.
- Translate – Translates content into most any of the supported languages (English, Spanish, Portuguese, German, French, Simplified Chinese, Hindi, and Arabic). TeamMate AI Editor also accepts input in almost any language and can translate into any of these supported languages.
These safeguards are designed to support responsible AI use while enabling productivity gains. As a best practice, users should review all AI generated content and apply professional judgment.
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AI for GRC Management
- Automate control creation – Accelerate framework implementation by generating control recommendations tailored to your organization’s requirements and risk profile. All suggestions remain fully visible and subject to your review and approval.
- Identify connections – Quickly uncover relevant controls across your existing library. AI helps identify potential risks, controls, and compliance relationships, enabling greater reuse and consistency while keeping you in control of final decisions.
- Generate intelligent summaries – Gain insights faster with AI generated summaries of risks, controls, policies, and other connections, helping teams understand key information and take action more efficiently.
Ready to simplify your GRC workflows? Contact a TeamMate specialist to schedule a product demonstration and see how TeamMate Risk & Compliance can help your organization work smarter.
Safeguards and security
- Built in safeguards: TeamMate’s Expert AI incorporates controls designed to promote relevant, accurate, and responsible outputs while helping reduce the risk of inappropriate or biased responses
- Data isolation and privacy: Information submitted to TeamMate’s Expert AI is not used to train or improve underlying AI models. Your organization’s data remains isolated, secure, and inaccessible to other customers or external parties.
- Data encryption: All data processed by TeamMate’s Expert AI is encrypted in transit using industry standard security protocols to help ensure information is transmitted securely.
- Human oversight: TeamMate’s Expert AI generates outputs that are designed to assist, not replace professional judgment. Users maintain full visibility and control and should review AI generated recommendations and content before use.
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TeamMate and IIA joint research
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Internal audit's role in the new European Union’s Artificial Intelligence Act
Harnessing Generative AI for internal audit activities
Learn about the adoption of generative AI (GenAI) across sectors and regions.
Global perspectives and insights: Innovation and technology
Learn about the role of Internal Audit in technology assurance, adoption, and challenges around technology-related staffing.
Frequently Asked Questions
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What are the top considerations for internal audit to consider when using AI?When incorporating AI into Internal Audit and GRC activities, organizations should focus on three key areas:
Context and purpose
AI solutions should be designed with the unique needs of internal audit, risk, and compliance in mind. Effective tools provide context-aware support, maintain appropriate tone and relevance, and include strong privacy and security controls to help ensure reliable and meaningful results.
Data security and privacy
Because the work of audit, risk, and compliance professionals often involves sensitive and confidential information, it is essential to use AI solutions that incorporate robust security measures, data protection safeguards, and transparent data handling practices. Organizations should understand how their data is processed, stored, and protected when using AI-enabled tools.
Workflows and governance
AI can support auditors and risk and compliance professionals throughout the audit, risk, and compliance lifecycle, from planning and risk assessment to fieldwork, documentation, and reporting. To maximize value while managing risk, teams should establish clear governance, usage guidelines, and review processes that ensure AI-generated outputs are appropriately validated and aligned with professional standards.
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How do auditors integrate AI tools with existing audit systems and workflows?Many generative AI tools have free and public versions available for use. However, Internal Audit should consider whether these tools are appropriate for their use. The TeamMate AI Editor is embedded within TeamMate for streamlined use in an audit-specific context including safeguards and security.
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What training and skills do audit team members need to effectively use AI technologies?The first consideration is how one will use AI across the audit workflow. Generative AI tools rely on input or prompts from the user to generate responses. Inputting prompts is straightforward, but what many don't realize is the structure of prompts can influence the response. The TeamMate AI Editor comes with contextually relevant prompts for use in internal audit to support documentation clarity and consistency.
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What safeguards are in place to ensure the TeamMate AI outputs are relevant and appropriate for use?TeamMate AI employs multiple layers of safeguards—often referred to as “guardrails”—to help ensure it produces content that is relevant, accurate, and appropriate.