Page 15 - Perspectives Vol.15 Issue 2

resources, and unstructured work time. But with almost every credit union employee now working remotely, the benefits of remote auditing are obvious:
» Reduced travel expenses and risks
» Reduced time on-site
» Increased efficiency
» Increased access to records
» Increased peace of mind
But that’s only the beginning. Implementing remote auditing enables a flexible solution for the new virtual credit union worker. Auditors can be reached easily through teleconferences and other team-work technologies. If you know your audit is coming up, you have the flexibility to gather the information requested and upload it to a secure portal at your convenience, perhaps over 4-6 weeks in advance of the scheduled date.
Credit Union Resources’ remote auditing platform allows credit unions to audit from any location—even multiple locations simultaneously. This flexibility benefits credit unions from the start of the audit through expeditious completion and cost savings, such as fewer credit union personnel hours, fewer travel costs, and less usage of space.
Yes, the highways will be bumper-to-bumper again, city centers will fill with life, and airplanes will crowd the sky. But there’s no reason to believe auditing will completely return
to the old ways. Remote auditing complements the new
era of virtual productivity. One day we’ll look back on this transformation and wonder why it took so long.
The speed of digital transformation has been accelerated ... and elevated the need for digitalized auditing, reporting, and recordkeeping.
If you’re interested in stepping into the future of auditing at your credit union, visit http://www.curesources.coop/financial_auditing.html.
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