This thread keeps coming up as there seems to be a lack of good, independent reviews of audit management software. Where is Consumer Reports for Auditors??
In any event, we have narrowed our selection to one big dog (TeamMate) or two little dogs (Pentana or MKinsight).
I used TM back in 2006-7 and MK in 2011-12 and found TM to be exponentially easier to use. What has happened to TM in 6 years is certainly something I cannot answer to, but I would take that older version of TM before I used MK. I thought the set up and subsequent use of TM was vastly superior to that of MK. One recent version of MK did not even allow for hyperlinking and tickmarking. For my usage, the ability to hyperlink a comment or a finding to a document is critical and the ability to tickmark supporting documents nearly as important. My understanding is that MK had a version that could perform these functions, but we gave up on it before having to pay for the upgrade. Our small shop actually tickmarked by hand and scanned docs via PDF into an electronic audit file. That's how much we did not like the MK product we had.
Based on my limited use, I could not and would not recommend MK.
<< I used TM back in 2006-7 and MK in 2011-12 and found TM to be exponentially easier to use. What has happened to TM in 6 years is certainly something I cannot answer to, but I would take that older version of TM before I used MK. I thought the set up and subsequent use of TM was vastly superior to that of MK. One recent version of MK did not even allow for hyperlinking and tickmarking. For my usage, the ability to hyperlink a comment or a finding to a document is critical and the ability to tickmark supporting documents nearly as important. My understanding is that MK had a version that could perform these functions, but we gave up on it before having to pay for the upgrade. Our small shop actually tickmarked by hand and scanned docs via PDF into an electronic audit file. That's how much we did not like the MK product we had.
Based on my limited use, I could not and would not recommend MK.
Good luck.
Chris >>
Thanks for your observations Chris. I appreciate it.
Wednesday February 27, 2013 1:16 PM
