Four Keys to Improve Field Audit Compliance Scores with Data Analytics

Using Digital Analytics in Field Audits Enables Real-Time, Informed Decision Making to Improve Compliance Performance

Field audits are essential for recognizing any potential threats and making the necessary changes to avoid full-scale issues. An auditor’s role is to assess how well the company is meeting compliance regulations and to inform management of serious non-compliance issues. This typically includes a review of the accuracy and reliability of an organization’s financial and operations to ensure there are no glaring issues. If you are finding significant non-compliance issues, it might be time for a change. By implementing a digital field audit process, you can improve compliance performance.

These are four keys to improve compliance scores with data analytics:

Automation & Integration

If you are not using a digital process for your compliance field audits, you are wasting time and resources. Auditors need to focus on what’s most important and data entry and formatting tasks do not fall into that category. With a centralized system to manage the audit process, you can ensure better accuracy, consistency, and control. With more accurate and consistent data, you have real-time information available to make informed decisions to improve compliance performance.

Improve Mobility

The availability of digital audits on mobile devices is also essential. This can expedite the process and remove the hassle of dealing with paperwork and spreadsheets. Auditors can update data anytime, anywhere, and even have the added benefit of adding images and videos to improve the detail of data available. With cloud-based analytics tools, you can improve the efficiency of the field audit process.

Live Information & Visibility

When conducting field audits across a variety of locations, it’s essential to have a central hub that serves as a single point of reference. This makes it easy to access, download, and view files while monitoring performance in real-time. Ensure that documents are available to all field auditors and that senior management has the ability to drill down into specific issues. This will give you more accurate and timely information with which to make informed decisions.

Generate and Monitor Plans in Real-Time

When implementing changes in reaction to field audit findings, many companies rely on emails, text messages, and spreadsheets to do so. This is extremely inefficient and allows things to fall through the cracks. By consolidating data collection, analysis and action plans all in one place, it is much easier to ensure that issues are followed through on.

MyFieldAudits Can Help Improve Compliance with Data Analytics

At MyFieldAudits, we offer digital services that allow you to transform your field audit process. By implementing our digital platform, you can gain insight to valuable analytics that allow you to enhance compliance scores. Our analytics tool is easy to use and is cloud-based, so you can access real-time information from any internet-enabled device. To learn more about how MyFieldAudits can help improve your field audit process and bolster compliance scores, contact us today at info@MyFieldAudits.com.

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