As part of this RFI, we are seeking information from vendors to assess the capabilities and features of their audit solution. Please address the following sections below in your response. Functionality Please describe how your solution addresses the following: Enable generation, storage, coordination, approval, and retrieval of audit and compliance working papers and reports. Allow for multiple levels of approval for internal work papers and reports. Store work paper, analytics, and report templates and documents for use in reviews. Track employee time by project and individual employee, in categories to include project time, leave activity, and administrative time. Report on tracked time by projects and activity groups. Ability to survey auditees with integrated analysis of results by survey item. Ability for auditees to respond to draft audit findings and recommendation. Ability to track progress toward completion of outstanding audit recommendations through a database of final audit recommendations and management responses by project and auditable units. Enable Internal Audit to report on progress toward completion of outstanding audit recommendations on an as needed basis. Ability to develop risk assessment/audit plan. Assist with importing/converting the existing word, excel and pdf working paper templates into the new application. Compatibility with Microsoft Office and Office 365. Provide appropriate training as part of the installation process. Enable Internal Audit to change the number of operating licenses in the future. We initially plan to have 11 users access the new application. Provide an externally hosted application which is desired but not required.
