AP NEWS
Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Global Audit Management Software Market 2019-2023 | Evolving Opportunities with ACL Services Ltd. & Ideagen PLC | Technavio

October 23, 2019 GMT
Global Audit Management Software Market 2019-2023 | Evolving Opportunities with ACL Services Ltd. & Ideagen PLC | Technavio
Global Audit Management Software Market 2019-2023 | Evolving Opportunities with ACL Services Ltd. & Ideagen PLC | Technavio

LONDON--(BUSINESS WIRE)--Oct 23, 2019--

The global audit management software market size is poised to grow by USD 543.5 million during 2019-2023, according to a new report by Technavio, progressing at a CAGR of close to 12% during the forecast period. Request Free Sample Pages

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191023005504/en/

Technavio has announced its latest market research report titled global audit management software market 2019-2023. (Graphic: Business Wire)

Read the 111-page research report with TOC on “Audit Management Software Market Analysis Report by type (on-premises and cloud) and geography (APAC, Europe, MEA, North America, and South America) 2019 - 2023”.

The market is driven by increasing demand for cloud-based audit management software. Also, the integration of cognitive technology with audit management software is anticipated to boost the growth of the audit management software market.

The cloud-based audit management software is gaining immense popularity, and its adoption is growing significantly owing to the benefits of cloud computing. Cloud-based audit management software provides functionalities such as a conventional document management system and individual role access to the audit document. It offers various other business benefits including audit process alignment, automated audit process, reduction in manual errors and paperwork, and fast resolution of audit issues. Such benefits of cloud-based audit management software will significantly increase its demand during the forecast period.

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

Major Five Audit Management Software Companies:

ACL Services Ltd.

ACL Services Ltd. provides audit management and analytics that offers risk assurance for changing auditing-related regulations. In December 2018, ACL Services launched an enhanced GRC platform built on robotic process automation (RPA) and machine learning.

Ideagen PLC

Ideagen PLC offers Pentana Audit, which is an internal audit management software for risk-based audit automation. In September 2018, the company acquired Morgan Kai Group, an audit management software provider. The acquisition is expected to help in enhancing the company’s business and technology.

Lockpath Inc.

Lockpath Inc. provides Keylight audit management that facilitates the alignment of audits, the streamlining of audit tasks, and the generation of recommendation plans that allow organizations to work on their core business operations.

Wolters Kluwer Financial Services

Wolters Kluwer Financial Services operates businesses under various segments, which include health; tax and accounting; governance, risk and compliance; and legal and regulatory. The company offers TeamMate Internal audit management software that provides risk-based audit planning, audit scheduling, time and expense reporting, audit documentation, knowledge base, and audit and issue tracking.

Workiva Inc.

Workiva Inc. provides internal audit management software, which is used for developing an audit methodology by streamlining risk assessments.

Register for a free trial today and gain instant access to 10,000+ market research reports. Technavio’s SUBSCRIPTION platform

Audit Management Software Distribution Channel Outlook (Revenue, USD Million, 2019 - 2023)

Audit Management Software Regional Outlook (Revenue, USD Million, 2019 - 2023)

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.Request a free sample report

Related Reports on Information Technology are:

IT Spending Market by Audit Firms – IT Spending Market by Audit Firms by type (IT services, IT software, and IT hardware) and geography (APAC, Europe, MEA, North America, and South America).

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at media@technavio.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191023005504/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email:media@technavio.com.

Website:https://www.technavio.com/

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY SOFTWARE

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 10/23/2019 12:00 PM/DISC: 10/23/2019 12:00 PM

http://www.businesswire.com/news/home/20191023005504/en