TeamMate Customer Spotlight

How TeamMate+ Audit benefits the mortgage industry

In the last few years, Natuzzi has transformed its internal audit function to provide streamlined support to the business, with the help of TeamMate+.

Several years ago, our organization’s International Headquarters in London issued a mandate that we begin “risk-based auditing,” without any definition of what exactly that meant. I’m familiar, of course, with definitions from groups such as the IIA.

When TRATON SE's central internal audit team needed a flexible tool to support assurance across these disparate subsidiaries, it chose TeamMate+.

Maus Frères is a company with a long history in the retail sector, focusing on quality products, client comfort and satisfaction, and always looking forward. Internal audit is no exception.

Sova Capital is a diverse, niche brokerage and trading group with a small investment banking operation, a Russian research function, and asset management and venture capital offerings.

How TeamMate+ transforms Aon’s internal audit team from watchdog to trusted advisor.

Lopez says the goal of his internal audit team is to continually strengthen and improve the growth of their business partners. And TeamMate Analytics is helping them do just that.

This case study describes how one multi-national organization overcame that challenge by using TeamMate+.

As a government services provider, this organization’s internal audit team adheres to a risk-based audit approach to manage its ever-changing regulatory demands. Data analytics plays a key role in supporting that approach by helping internal auditors leverage data to get a real-time pulse on the organization’s risk.

Auditors at Bilfinger SE have established strong rapport with management that they need to add real value to the business

The onset of the coronavirus pandemic created an impetus to complete audits faster and more flexibly, while working remotely, so the new system was put to the test immediately for Ferrero.

When the head of internal audit at Köln Bonn Airport realised that his team would not be able to fulfil its duties without more rigorous, consistent processes and more efficient use of data and reporting, TeamMate+ helped him to achieve this.

Knorr-Bremse’s reputation depends on technical excellence and reliability, so its internal audit team needed a solution that could help them stay one step ahead.

OneAZ Credit Union opened its doors in 1951 to provide financial services to state employees in Arizona. Since that time, the credit union has expanded its membership to include anyone that lives or works in Arizona. OneAZ currently has approximately $2.4 billion in assets and 140,000 members across 23 branches.

Panayiotis Koumousis, manager IT audit & data analytics for the internal audit division, Bank of Cyprus, explains how TeamMate+ is helping to woo auditees and management.

The internal audit team at Southern California Edison, one of the nation’s largest electric utilities companies, has discovered a more efficient way to share its audit data with stakeholders.

Healthcare giant Sanofi adopted Wolters Kluwer’s TeamMate+ to integrate processes across a new internal control department and internal audit. It soon found that it opened up far greater assurance possibilities across the global organisation.

Hear about how using TeamMate has made Aaron Spack and his colleagues' jobs easier at Marathon Oil Company.

Learn how TeamMate+ has helped Michael Ray and his global audit department at Aviva, a leader in digital insurance, work as one diverse team under a single empowering software solution.

Hear about how easy-to-use and beneficial TeamMate Analytics has been for Rob Carter and his colleagues at Baylor University.

“TeamMate+ allows us to easily share data and testing results with our 20-person external audit team in about half the time it previously took,” said Houle. “At the start of any audit project, we immediately add our external auditors as an observer group, giving them full visibility into our audit process and making it much simpler to collaborate.”

“These days we’re able to work more effectively, despite having fewer available resources,” says Staci Crane, Director of Internal Audit for Horace Mann.

“The service and support we’ve experienced since we first purchased TeamMate have been excellent,” said Ellinas. “Everyone we’ve encountered, from the account representative to the product development team to the help-desk members, are total professionals—and one of the main reasons we’ve continued to use this software for the past 17 years.”

With TeamMate, the State Auditor’s Office now has a centralized repository that houses all the audits in one location. This facilitates greater collaboration and ensures a consistent, reliable work product is produced.

As a leading global advisory, broking and solutions company, Willis Towers Watson advises other organisations on how best to manage the challenges they face and thrive in a competitive marketplace.

When Giancarlo Millo was asked to set up an internal audit function for Maltese conglomerate Mizzi, he wanted an audit system that would pull together disparate businesses, maximise his efficiency and enable him to grow the function. He explains why he chose TeamMate+.

Internal audit departments that audit tribal gaming face unique challenges. First, because the gaming industry is heavily regulated and has very strict compliance requirements, the role of Internal Audit is continually evolving to meet those standards...

Cindy Driest, Senior Audit Manager at Atlantic Union Bank, attests that the audit management tool has significantly assisted their internal audit department in many ways, including issue tracking and management, automation, and risk assessments.

Farm Credit Canada was the first company in Canada to implement TeamMate when they purchased the audit management system in 1996. They were also the first to use TeamCloud hosting services in Canada, which allows access to the platform on the web.

For Kim Beckley and her two-person internal audit team, efficiency is everything. As Director of Internal Audit at Americo, Beckley runs a lean operation – close to 100% auditor utilization. Not an easy task as internal audit grows increasingly complex and stakeholder expectations remain high.