Digital transformation programs are typically very complex, costly, and risky to the business – both in execution and delivery. For publicly traded companies, these programs are often listed as major risk items in the annual reports or 10Ks and they tend to experience a high frequency of both external and internal audits. Some organizations refer to these as internal verification and validation (IV&V). These audits have an advertised intent to protect the business. Often, however, they result in derailing programs or providing a convenient way for the system integrator (SI) or software provider to generate additional revenue.
Fortunately, there are ways to turn this audit process to your organization’s advantage, to secure your implementation, and to lower your costs.
Audits…
