Key Functionality: Recommendation / Action Tracking

MKinsight has fully integrated Action / Recommendation tracking system.  For example, when an Action / Recommendation is created within the Electronic Working Papers it is, at the end of the audit, automatically transferred into the Action / Recommendation Tracking system.  This eliminates any need for copy / pasting etc. 

The life of an Action / Recommendation is then separated from that of the Audit.  Even when and Audit is Completed in MKinsight the Actions / Recommendations live on making continuous / timely follow-up simple and straight forward. Each Action / Recommendation can have a range of related information such as Priority, Category, Dates, Owners, Free Text Fields, Management Comments, Attached Documents etc. 

The User can configure the on screen View of an Action / Recommendation to make it easy to use and eliminate unwanted fields. Actions / recommendations can also be grouped into hierarchies within discreet Action Plans that can themselves be monitored for completion etc.  Also Actions / Recommendations can have dedicated Alerts to trigger an email to a responsible party. In addition, members of the organization outside the organization can also be given on-line access to monitor and update their own Actions / Recommendations (browser based, no software required).

The fields that such a User can update / modify is fully configurable within MKinsight. On screen filtering, sorting, grouping along with a dedicated suite of reports (eg. Ageing analysis - see image 2) and automatic extraction to Excel make MKinsight’s Action / Recommendation Tracking system very flexible and very powerful tool in enabling easy monitoring and reporting over time.