Delivering Tangible Value
Live Audit drives measurable business outcomes across key areas
Audit Optimization
Save 25-35% on audit costs by streamlining andautomating audit processes.
25-35% Audit Saving
Regulatory Compliance
Achieve a 90-100% reduction in fines through automated compliance monitoring, ensuring adherence to regulatory requirements.
90-100% Fine Reduction
Change & Transport Management
Prevent errors and reduce losses by 40-70%with robust process management tools.
40-70% Error Prevention
Labor Efficiency
Reduce audit related labor costs by 40-50%, allowing your team to focus on higher-value tasks.
40-50% Labor Reduction
Operational Efficiency
Realize a 20-30% reduction in operating costs through enhanced process efficiency with regards to IT Audit.
20-30% Reduce Operating Costs
Risk Management
Lower IT related financial risks by 40-70% with proactive riskmitigation strategies.
40-70% Lower IT Financial Risk
Privacy & Data Security
Live Audit safeguards sensitive information by reducing risks of unauthorized access and minimizing errors in access provisioning and deprovisioning, leading to a 50-80% reduction in losses associated with access mismanagement.
50-80% Loss Reduction
Scaleable Growth
Live Audit enables organizations to achieve 30-60% efficiency improvement as their IT systems scale, by automating processes such as change management approvals, access role assignments, and compliance reporting.
30-60% Efficiency Improvement
Compliance Management
Reduce fines by up to 80% with advanced compliance capabilities.
40-70% IT Financial Risk
IT Audit
SAP Basis testing focuses on ensuring the integrity, security, and efficiency of the underlying technical infrastructure within an SAP environment.
Below are key areas of testing:
Access Management
Evaluates users with privileged access to sensitive SAP system functionalities.
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Includes those who can:
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Manage user accounts, such as performing password resets.
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Maintain write debug access, which allows detailed troubleshooting capabilities.
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Handle other forms of elevated or critical access, ensuring no unauthorized actions occur.
Program Management
Involves testing the controls over system-level changes and configurations.
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Covers users with access to:
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System parameters, ensuring adjustments align with operational requirements.
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Client and system settings, ensuring no unauthorized changes jeopardize system stability.
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Deletion or modification of change logs, verifying compliance with audit and traceability standards.
Computer Operations
Assesses the ability to monitor and manage critical background and batch jobs.
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Focuses on users who can:
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Schedule, monitor, or execute background jobs, ensuring smooth system operations.
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Run jobs under any user name, verifying controls to prevent misuse or fraudulent activities.
Addressing Key Industry Challenges in IT Change Management and Access Management
Organizations face critical challenges in IT Change Management and Access Management, significantly impacting IT operations, security, and compliance. Below are the most critical statistics that highlight the need for robust, automated solutions:
IT Change Management
Major IT Outages
80-95% of IT outages are directly linked to poorly managed changes, with 55% caused by improper access management during change implementations (Gartner, NovelVista).
Compliance Failures
50% of IT audit compliance failures are attributed to poorly executed change management processes, such as inadequate risk assessments and lack of proper documentation (ISACA, 2023).
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Delayed Change Approval Processes
43% of organizations report audit findings related to delayed or unauthorized changes due to inefficient change approval workflows (SANS Institute, 2023).
Inadequate Testing
70% of IT system failures during audits are due to changes implemented without proper testing or rollback planning (Forrester, 2023).
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Human Error in Change Processes
52% of security incidents during IT audits result from human error in implementing or managing changes (Whatfix, 2023).
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Access Management
Privilege Misuse in Data Breaches
74% of data breaches involve misuse of privileged accounts (Verizon Data Breach Investigations Report, 2023).
Improper Role Assignments
58% of critical security issues arise from improper access permissions (Gartner, 2023).
Dormant Accounts
33% of IT security risks originate from unused or dormant accounts (Cybersecurity Ventures, 2023).
Termination Delays and Disgruntled Employees
Delayed access revocation affects a majority of companies, with 60% reporting delays that heighten the risk of data theft. Disgruntled ex-employees contribute to 75% of insider threat cases, stealing or destroying data, or accessing networks after leaving
Regulatory Fines from Access Issues
46% of regulatory fines are tied to deficiencies in access management, particularly around high-privileged accounts (Whatfix, 2023).
Embrace the Future of Seamless Compliance and Efficiency
LIVE AUDIT seamlessly integrates into your company’s IT ecosystem with a plug-and-play approach, allowing you to quickly enhance your IT audit change management and transport processes without disrupting existing operations.
Our solution is designed to work harmoniously with your current systems, automatically aligning with your compliance requirements and streamlining workflows. With no need for extensive reconfiguration or complex setups, LIVE AUDIT offers immediate value, enabling your business to reduce costs, boost efficiency, and mitigate risks from day one.
Experience a hassle-free deployment that empowers your IT team to focus on strategic initiatives while ensuring your business remains audit-ready and compliant.
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Built-in IT Audit RACM Features
Our software includes comprehensive Risk Assessment and Control Matrices (RACM) specifically designed to ensure compliance with local South African regulations. This reduces the risk of non-compliance penalties and enhances audit readiness, which is crucial for businesses in highly regulated industries.
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Automated Documentation and Compliance
LIVE AUDIT automates change documentation and audit trails, simplifying the compliance process and ensuring continuous compliance and audit readiness without burdening the IT team with manual documentation efforts.
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Cost-Effectiveness
Unlike many competitors, LIVE AUDIT is designed to be affordable for small to medium-sized enterprises (SMEs) while still providing enterprise-grade features. This makes it accessible to businesses with limited budgets, offering them a high-quality change management and ticketing solution.
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Localized Support and Customization
We offer local support and customization options tailored to the specific needs of South African businesses. This ensures that our software meets the unique regulatory and operational requirements of the South African market.
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Scalability and Flexibility
LIVE AUDIT is scalable and can grow with your business, from small startups to large enterprises. Its flexible architecture allows it to adapt to the evolving needs of your organization, providing a long-term solution that continues to deliver value as your business grows.
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Real-time Monitoring and Reporting
Our software offers real-time dashboards and reporting capabilities that provide instant visibility into change processes and compliance status. This enables proactive management and quick resolution of issues, reducing downtime and operational disruptions.
