New Time & Expense Management Module in Protiviti Governance Portal for Internal Audit Gives Auditors Complete One-Stop Workbench

Protiviti builds on market momentum for its leading internal audit solution by supporting end-to-end internal audit workflow fully integrated with its comprehensive GRC platform

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Protiviti Inc.

Jun 20, 2011, 01:00 ET

MENLO PARK, Calif., June 20, 2011 /PRNewswire/ -- Protiviti Inc., a global business consulting and internal audit firm, today announced the addition of a Time & Expense Management module to the Protiviti Governance Portal for Internal Audit. The new module complements the Governance Portal for Internal Audit's existing audit scheduling and electronic work papers capabilities, letting organizations access a comprehensive internal auditing workflow anywhere, anytime.

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"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 Time & Expense Management module allows businesses to monitor time and expenses related to audit and non-audit projects, as well as to administrative and personal activities. This information can be used to track projects, report on resource utilization, and manage budgets. Auditors and managers automatically create timesheets based on the audit master schedule and then update the timesheet to reflect the actual time and expenses. Managers can then visually compare budgets to actuals, budgets to allocation, and general resource utilization.

The Protiviti Governance Portal for Internal Audit enables any size audit department to personalize the system to meet its specific internal audit objectives. 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.

The Time & Expense Management 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.

The Protiviti Governance Portal is an industry-leading EGRC software platform that allows organizations to address multiple GRC objectives. It integrates Protiviti's proprietary content and consulting expertise with commonly accepted governance frameworks to establish a comprehensive platform that gives organizations the visibility and insight they need to manage and mitigate critical risk and compliance issues.

About Protiviti

Protiviti (www.protiviti.com) is a global business consulting and internal audit firm composed of experts specializing in risk, advisory and transaction services. The firm helps solve problems in finance and transactions, operations, technology, litigation, governance, risk, and compliance. Protiviti's highly trained, results-oriented professionals provide a unique perspective on a wide range of critical business issues for clients in the Americas, Asia-Pacific, Europe and the Middle East.

Protiviti has more than 60 locations worldwide and is a wholly owned subsidiary of Robert Half International Inc. (NYSE: RHI). Founded in 1948, Robert Half International is a member of the S&P 500 index.

Protiviti is not licensed or registered as a public accounting firm and does not issue opinions on financial statements or offer attestation services.

SOURCE Protiviti Inc.