LARS (Laser Audit Reporting System) is an internal audit management solution that offers audit planning, audit scheduling, audit repositories, automated reminders and task escalations within a suite.
LARS features audit planning, which allows users to track planned, unplanned, ongoing, completed and dropped audits cross multiple areas. The product also allows users to assign tasks, start dates and due dates to specific auditors. Users can track the status of ongoing audits by location in a customized dashboard.
Users can also create documentation and work papers outlining audit activities. Auditors can update findings regarding controls, policies and procedures. The product also offers document management, which allows users to share multiple types of files, such as Microsoft Word, Excel, PowerPoint, Outlook Message, PDF and GIF files.
Support is available via phone and email.