Ideagen Releases New Update to Industry Leading Audit Software

Pentana Audit now provides enhanced SOX compliance measures, the option of third-party software integration and a new web user interface

Leading global provider of governance, risk and compliance software, UK company Ideagen Plc, has announced a major update to its industry leading audit software, Pentana Audit.

Pentana Audit‘s new features include a range of web-based enhancements that will improve the user experience, ensure meeting SOX compliance requirements is easier and allow the ability to integrate with third party software for real time business intelligence reporting.

Colin Smith, Head of Sales, Audit & Risk, at Ideagen, said: “The updates that we have made to the latest version of Pentana Audit will have significant benefits for our customers. By making all audit-focused tasks available online instead of just on the desktop application, the user will be able to complete all their audit tasks online, as well as organise their work in the way that suits them with a customisable dashboard. The addition of new sections on the homepage dedicated to Sarbanes-Oxley reporting requirements will make SOX compliance much more straightforward. And finally, the introduction of an API (Application Programming Interface) allows the integration of data from Pentana Audit with third party systems, such as business intelligence tools, to allow for real-time reporting.

“This is a suite of enhancements that will make a huge difference to our customers and ensures we are continuing to offer them the very best tools for meeting their audit and compliance obligations.”

The list of enhancements to Pentana Audit includes the following:

• Sarbanes-Oxley Control Certification - controls and processes can now be certified within Pentana Audit to meet SOX requirements.
• Sarbanes-Oxley PBC (Prepared/Provided by Client) Requests - a document request can be made directly to a Step/Test in an Audit or a Test in an Entity. The business owner will be notified via email and can add the attachment(s) to the request to satisfy it.
• Sarbanes-Oxley Accounts and Assertions - users are now able to include accounts and assertions to show coverage. Accounts can be set for processes, risks, and controls. Assertions can be set for risks and controls.
• System Settings – Email Notifications - new items have been added that allow users with appropriate permissions to make their own changes to email notification text without requiring Ideagen to make those changes for them.
• Reporting API – enables customers to use their data in third party systems such as a BI (business intelligence) reporting tool.
• New Home Tiles - an additional seven home tiles are now available within the Web UI, as follows:
  • Action Management
  • Audit
  • Document Requests
  • Document Request Management
  • Incident Management
  • SOX Certifications
  • SOX Certification Management

These new features will be provided as an upgrade to existing supported customers and as standard to all new customers.

For more information please click here https://www.ideagen.com/products/pentana-audit

For more information contact:

Heather Astbury

heather.astbury@ideagen.com

+447340158049

About Ideagen

Ideagen is a UK-headquartered, global technology company quoted on the London Stock Exchange AIM market (Ticker: IDEA.L).

The Group provides software and services to organisations operating within highly regulated industries such as aviation, banking and finance, life science, healthcare and manufacturing with its main operational premises spread throughout the UK, EU, US, Middle East and SE Asia.

With an excellent portfolio of software products including Q-Pulse, Coruson, Pentana Audit, Pentana Risk and PleaseReview, Ideagen helps its clients reduce costs, improve operational efficiency, strengthen compliance and oversight and anticipate and manage every detail of risk.

Currently, more than 5,000 organisations use Ideagen's products including eight of the top 10 UK accounting firms, all of the top aerospace and defence companies and 75% of the world's leading pharmaceutical firms.

Ideagen's diverse and varied customer base includes many well-known, global brands such as British Airways, Aggreko, BAE, Ryanair, US Navy, KLM, BBVA, Bank of New York, Commerzbank, Meggitt, Heineken, Johnson Matthey, Haeco Group and European Central Bank. As well as this, Ideagen counts 180 hospitals across the UK and US amongst its client base.