Global business consulting and internal audit firm Protiviti Inc. has added a Time & Expense Management module to the Protiviti Governance Portal for Internal Audit, which lets organizations access a comprehensive internal auditing workflow anywhere, anytime.

The new module allows businesses to monitor time and expenses related to audit and non-audit projects, as well as to administrative and personal activities. The information can be used to track projects, report on resource utilization, and manage budgets. Auditors and managers can then automatically create timesheets based on the audit master schedule and update the timesheet to reflect the actual time and expenses.

In addition to the new Time & Expense Management module, the Governance Portal for Internal Audit supports risk assessment, planning, electronic work papers, findings management and audit reporting.

“Protiviti continues to rapidly evolve the Governance Portal to help our customers meet all of their governance, risk and compliance objectives,” said Scott Gracyalny, managing director and global lead of Protiviti’s Risk Technologies group. “With the addition of the Time & Expense Management module and an interface that is easier to use than competing products, the Governance Portal for Internal Audit has clearly established its leadership position by enabling organizations to work more productively and accurately across the globe and in the context of their broader GRC efforts.”

The new module is included in version 3.10 of the Protiviti Governance Portal for Internal Audit. Existing customers can immediately upgrade to version 3.10 by contacting the Governance Portal Support Desk.

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