Al-Rawahy Holdings: Transforming audit efficiency and security

Introduction

Al-Rawahy Holdings LLC comprises a variety of companies and investments in Oman, UAE, and the UK, operating across a diverse range of sectors. With over 40 years of maintaining a strong reputation, reliability, and family culture, Al-Rawahy Holdings uses Ideagen Internal Audit to provide assurance and assist the organization in achieving its objectives.  

The challenge

• Time-consuming manual audit processes using Microsoft Excel 
• Lack of visibility and control over audit data 
• Need for a secure, standardized system to manage audits across multiple locations 

Finding the right solution

Al-Rawahy Holdings selected Ideagen Internal Audit for its: 

• Ability to streamline audit processes and reduce manual workloads 
• Robust digital audit trail for improved data security 
• Real-time visibility and control over audit activities 

Implementation and impact

Before, Al-Rawahy Holdings faced challenges with manual, time-consuming audit processes and lacked the visibility needed to efficiently manage their audits. The transition to Ideagen provided a secure, centralized solution that streamlined operations, reduced costs, and improved team collaboration.  

This transformation empowered Al-Rawahy Holdings to focus on strategic growth and operational excellence: 

• Achieved a 30% reduction in time spent on audits, thanks to streamlined processes and faster response times from business units 
• Saved $30,000 annually by eliminating the need for additional audit resources 
• Transitioned to a completely paperless environment, significantly enhancing the security and accessibility of audit data 
• Improved team communication and collaboration through real-time updates and visibility into audit progress 
• Standardized the audit process across the organization, ensuring consistency and reducing the risk of missed steps