Top 5 Questions Business Owners Have About Mobile Auditing and How It Works

Mobile Auditing

Mobile auditing is the most up and coming way of completing audits. Mobile auditing has many benefits such as improved effectiveness and efficiency. Mobile auditing also makes sense for any kind of business, from retail stores to tech companies and doctors offices, this kind of auditing helps keep records and documents in an organized and systematic manner.

Mobile auditing can be an intimidating thing to learn and look into because of how new it is. Mobile audits are gaining popularity as more and more people are learning the operating procedures behind mobile audits and how mobile audit checklists have positively impacted business data collection. However, though a business owner may greatly benefit from mobile audits, he or she may stick to their outdated ways of keeping track of financial statements because he or she isn’t fully aware of what mobile auditing is or how it works. Here are some of the most common questions that business owners have about mobile auditing and how it works:

What Makes Mobile Auditing So Much More Efficient than Paper Auditing?

It is estimated that about 40% of auditors’ time is spent documenting and looking over papers and reports. This excess amount of time could be spent collecting and analyzing other audits and information. Using a mobile audit app will make the auditing process more time-efficient by getting results faster. Uploading checklists, getting results, and learning how to enhance your data and information is done all at once in a quick and easy manner. Similarly, it is more efficient than paper auditing because there is a smaller chance of error.

Mobile auditing is also more efficient than paper auditing because the technology updates regularly, so staying up to date with new regulatory requirements and laws is easier now than ever before.

Is Mobile Auditing More Cost-Effective?

Using mobile auditing allows you to speed up efficiency which will also minimize costs. Auditors will be able to work on their own and get more accomplished in a shorter amount of time. Mobile auditing apps are the future of auditing because they create more room for productivity amongst auditors, purchasing a mobile auditing app is an investment worth making.

Where is the Audit Information Stored?

Mobile audits are stored in a cloud. This method of storage is beneficial because it keeps information secure and can be accessed easily. Paper audits hold valuable information, but sometimes finding the information you need can be challenging because there are so many piles of paper audits to look through. Likewise, if a paper audit is lost or misplaced, all of the information on that audit will have to be redone, which is time-consuming and tedious. Storing audits in the cloud allows auditors to simply search for the desired audit in the app and have it at their fingertips in seconds.

Another perk of storing information in the cloud is the added layer of security. Audits contain personal financial data and information that should only be accessible to business owners and auditors. Cloud storage ensures that audits are safe, and even if an audit is mistakenly deleted or altered, digital forensic services are able to recover all of the lost data or information by accessing the cloud.

What Kind of Device Do I Use for Mobile Auditing?

Mobile auditing apps work on almost all devices, including:

  • Tablets
  • Laptops
  • Desktops
  • Mobile/Smart Phones
  • Portable Digital Assistants (PDAs)
  • Smartwatches

Mobile auditing software is also compatible with almost all printers, Wi-Fi networks, and servers. In terms of efficiency, the most popular devices that mobile auditing apps are installed on our tablets and laptops; this is because it allows auditors to access audits quickly with a large enough screen in any space around the workplace.

Mobile audit apps are able to be accessed on multiple devices at once. They are also synchronized between devices which allows you to open an audit on one kind of device one day and finish the audit on another kind of device the next.

How do I Choose What Kind of Mobile Audit App to Install?

The first step to choosing what mobile audit app is right for you is to consider apps that will best accommodate your user base. For example, if you work for a large corporation that will have multiple people on the app at once, it is important to choose an app that allows for a large user base. If the platform isn’t large enough, the software will run slowly.

The next step when choosing the right mobile audit app is considering what app looks the best. Sometimes mobile audit apps can have too much going on and can be distracting or hard to navigate. A simple UI, user interface, is the best choice because it will streamline work and will improve productivity because it will be easy to get around. Accessing audits should be quick, if the app is too complicated or complex, the user will likely get distracted or confused.

Finally, it’s crucial to choose an app that has antivirus software installed in it. Viruses can destroy a business’s audits and cause financial and emotional stress in the workplace; being proactive towards viruses can ultimately save your business. It’s also important to keep the app up to date with the latest software. Software updates are designed to fix holes within the app in order to protect against hackers and viruses, installing the update can only benefit your mobile audits.

Mobile Audit Apps: A Smart Business Decision

Mobile audit apps have the power to change business data entry and collection for the better. Mobile audit apps are a smart business decision for any kind of business and will create positive impacts all around. Stay up to date on the newest mobile audit app features to see how they can benefit you and your business.

 

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Author: Jennifer Bell

About the Author: Jennifer Bell is a freelance writer, blogger, dog-enthusiast and avid beachgoer operating out of Southern New Jersey

 

 

 

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