With global regulations becoming increasingly complex and compliance frameworks like IFRS 17 and SOX continuously evolving, organizations are turning to digital solutions to stay ahead. Valued at USD 1.16 billion in 2024 and projected to reach USD 3.14 billion by 2034 with a strong annual growth rate of 10.47%, audit automation is quickly becoming essential for enterprises worldwide.
Audit software enables teams to streamline workflows, enhance transparency, and reduce the manual effort traditionally associated with compliance. By integrating automation, analytics, and real-time reporting, companies can not only improve accuracy but also strengthen their risk management and governance strategies.
As digital transformation continues to reshape the financial and regulatory landscape, the role of intelligent auditing tools will only become more critical. How do you see automation influencing the future of compliance and internal controls in the next decade?
🔗 Read more here
