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Does my business need an Internal Audit?
The goal of an ISO internal audit is to assess the management system as well as overall protocols and business practices against the certified ISO standard to ensure that compliance can be demonstrated.
By carrying out an internal audit, businesses are able to highlight any flaws, shortcomings or weaknesses that exist and put in place effective, practical and viable plans to resolve them, improving their overall efficiency.
This powerful tool can provide many great benefits that make them well worth investing in, such as;
- Improved business operations due to reduction in errors and improved quality.
- Decreased cost, increased profit, increased cost recovery as a result of identifying overpayment and analysing potential cost savings.
- Internal audits can be used as an additional quality control step, pinpointing the root cause of strategic and operational issues quickly and easily.
- Increased organisational communication and transparency due to having more defined communication lines and formalised communication frequency.
- Identifies small yet effective changes that can be made to save time and money, streamlining processes through increased efficiency, process simplification etc.
- Conducting internal audits clearly demonstrates to customers, employees and the outside world that your organisation takes issues seriously.
- Enhancement of policy and procedures through the formalisation of documentation and inclusion of necessary details.
- Increased regulatory compliance as a result of the audit identifying compliance gaps and process enhancements that need to be made to ensure compliance coverage.
Our ISO Internal Audit consultants in London can help talk you through the auditing process, discuss what it is you hope to achieve for your business and what we can do to get you there.