Importance of a Good Audit Trail

By Stephanie Elsen

Women in crowd

If you are a Red Wing Software customer, chances are you know the benefits of a good audit trail. That’s because this feature has always been a top priority for our payroll and accounting software over the years.

A good audit trail can help prevent and detect fraud. Being able to see every action within your system by user can help you monitor their activity. If users know their activity is monitored, they are much less likely to commit fraudulent activity.

A good audit trail enables you to provide necessary documentation for third party organizations (such as banks and investors) that require it.

A good audit trail helps reconstruct events once an issue is detected.

Having a good audit trail in your accounting software provides peace of mind, knowing that events are being recorded by user and that information can be accessed anytime to look back at the history to solve problems.

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  • Best Audit software I have used
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