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Create your own internal-audit question library
Define questions around controls, processes, governance and organisational risk.
vRisk Solution
Internal Audit Software
Build internal audits around your organisation’s controls, processes and risks.
Internal audit is rarely limited to one department or one type of risk. vRisk provides a configurable audit platform that allows organisations to build question libraries and templates for financial, operational, compliance, information and other internal assurance reviews.
Financial control auditsOperational process auditsDepartmental reviews
Configurable audit engineBuild your own questions and reusable templates.
P×S
Consistent risk scoringProbability × Severity
The challenge
Create a repeatable internal audit framework without fixed templates
Internal audit programmes change as organisations, controls and risks evolve. vRisk allows administrators to maintain their own questions and create reusable templates, helping teams standardise reviews while retaining the flexibility to adapt each audit to its purpose.
- Replace disconnected spreadsheets and documents with structured audit data.
- Use a repeatable scoring method across sites, teams and audit types.
- Keep audit, incident and governance information within one risk environment.
Built around your organisation
One framework, configured to your requirements
vRisk is not a fixed checklist. Administrators maintain the question library, build templates and apply a common risk approach across different assurance activities.
Create your own internal-audit question libraryDefine questions around controls, processes, governance and organisational ris…
Build reusable audit templatesUse appropriate question sets for financial, operational, compliance, informat…
Assess findings consistentlyApply Probability × Severity scoring to relevant responses and support risk pr…
Use one platform across assurance disciplinesSupport Health & Safety, operational, financial, information and compliance au…
How vRisk helps
A practical platform for audit, risk and assurance
Configure the content around your organisation while keeping the process consistent for the people completing and reviewing audits.
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Build reusable audit templates
Use appropriate question sets for financial, operational, compliance, information or departmental reviews.
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Assess findings consistently
Apply Probability × Severity scoring to relevant responses and support risk profiling.
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Use one platform across assurance disciplines
Support Health & Safety, operational, financial, information and compliance audit programmes within the same framework.
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Connect assurance with wider risk information
Use incidents, information assets, documents, sites, reminders and reports in the broader platform.
Typical use cases
From financial controls to operational assurance
The underlying vRisk model is intentionally flexible: define questions, build an audit template, record structured responses and assess relevant findings. This makes the platform suitable for internal audit teams that need one framework across different assurance topics.
Financial control audits
Operational process audits
Departmental reviews
Compliance audits
Information-security and governance audits
Supplier and third-party reviews
Quality audits
Site and branch audits
Management-control reviews
Policy and procedure compliance audits
Probability × Severity
Turn findings into measurable, prioritised risk
vRisk uses a straightforward Probability × Severity approach for relevant responses. The matrix gives teams a shared language for comparing findings and helps management focus attention where risk is highest.
- Simple to explain to auditors, site teams and management.
- Consistent scoring supports comparison across recurring audits.
- Risk profiles can use scored findings to provide a wider organisational view.
Probability
5
5
10
15
20
25
4
4
8
12
16
20
3
3
6
9
12
15
2
2
4
6
8
10
1
1
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3
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5
1
2
3
4
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Severity
LowModerateHighCritical
Audit to action
Build → Audit → Assess → Act → Improve
A repeatable workflow makes assurance easier to run and easier to explain.
One central platform
Beyond the audit
vRisk brings related risk and governance information into the same environment, reducing the need for separate spreadsheets and disconnected repositories.
Question Categoriesorganise questions by assurance topic.
Scoring Profiles and Risk Profilesstructure the assessment of findings.
Reminder Profilessupport recurring assurance activity.
Documents and Information Assetskeep supporting governance information in the wider system.
Reportssupport central review and management visibility.
Product screenshot shown from the current vRisk interface.
Who vRisk is for
Designed for the people responsible for risk, safety, assurance and operations
Internal Audit ManagersRisk ManagersFinance and Control TeamsCompliance ManagersOperations DirectorsInformation Governance TeamsQuality ManagersSenior Management
Book a practical demonstration
Turn an existing internal audit into a reusable vRisk template
Book a demonstration and bring one of your current internal audit checklists or control-review templates. We can show how it can be structured within vRisk.
Bring one of your current checklists, audits or risk processes.
See how your own questions can become a reusable vRisk template.
Explore how Probability × Severity and wider vRisk modules fit your process.
Frequently asked questions
Questions about Internal Audit Software
Can vRisk be used for financial control audits?
Yes. The audit framework is configurable, allowing organisations to create questions and templates for financial controls and other internal assurance topics.
Is vRisk limited to a fixed internal audit methodology?
No. Organisations control their own questions and templates, while vRisk provides the structure for auditing and risk scoring.
Can the same platform support operational and information audits?
Yes. Different templates can be created for operational, information, compliance, quality and other audit types.
How are findings assessed?
Relevant responses can be evaluated using the platform’s Probability × Severity approach.
Explore vRisk