Audit & Review Defence
Any larger company will have to deal with external audits or friendly reviews. Whereas the audit used to be about 10% of a software manufacturer’s turnover, for some this is now 50% and higher. If the quarterly or annual figures are poor, the audit is quickly intensified with your company as the victim. Extensive market analyses and using Business Intelligence make it possible to analyse with high accuracy how likely it is you have a compliance issue somewhere. The result is a process costing you time, staff and money. This is in addition to any potential damage to your reputation.
Key Audit Services:
- Audit Defence
- Audit Readiness & Preparation
- Audit Simulation
Do you want to minimise these financial and legal risks? Q-Advise explores the risks, and supports you during the external audit or review to reduce these as much as possible. Our experts know the pitfalls and will resolve these for you.
Audit defence by Q-Advise
Audits are on the increase and some Tier 1 software vendors generate over 40% of their revenue through audit activity.
Audits can be hugely time-consuming, difficult to manage, costly and for the time being almost inevitable. Our Audit Defence service rebalances the shift of power to put you in a position of strength. Throughout this process, we help you communicate with the vendor to ensure you meet the requirements set out for the audit.
Our services provide a clear understanding of your current license position, highlight potential exposures and include a Risk and Mitigation Assessment. Q-Advise can assist you before, during or after an audit.
We also help you to mitigate compliance risks and examine your entire infrastructure and among other things, ensure you:
- Do not pay for virtual machines already covered on the physical server;
- Do not pay or pay less for systems that serve as a fallback;
- Do not pay for acceptance systems covered by developers’ licences;
- Do not pay for software already covered by other contracts or purchases;
- Do not pay for software also belonging to a bundle you have purchased;
With our deep understanding of the vendors and their key motivators, we will help you mitigate risk and minimise your exposure based on experience. Understanding what vendors are looking for coupled with the awareness of the common mistakes and assumptions they make enables Q-Advise to deliver robust audit defences.
Q-Advise maps out your licensing position and helps you apply the rules in your interest. That way, you pay no more than you need to. Our service provides a clear understanding of your current licensing position and highlights potential risks and threats. Q-Advise assists you before, during and/or following an audit. Get in touch today.