Internal Audit enables standardization and accountability through improved collaborative working for BBVA
Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) is a multinational Spanish banking group, providing financial services in over 30 countries and to 50 million customers throughout the world
In addition to being the second largest bank in Spain, the company has also a strong international presence in Mexico, South America, United States, Asia and Turkey.
BBVA, a multinational Spanish banking group, needed to standardize its audit processes and improve accountability across its global operations.
With Ideagen, BBVA transformed their audit management, enhancing communication and risk management across 650 users.
Introduction
BBVA aimed to standardize its audit processes and improve accountability across its extensive global operations.
Their successful transition to a standardized audit process with Ideagen demonstrates the impact of a unified solution on global operations.
Introduction
BBVA aimed to standardize its audit processes and improve accountability across its extensive global operations.
Their successful transition to a standardized audit process with Ideagen demonstrates the impact of a unified solution on global operations.
Ideagen was selected as the chosen provider due to versatility, functionality and also because it was a strategic fit with the manner in which we conducted our audits.
The challenge
- Inconsistent audit processes across different units
- Need for improved communication and knowledge exchange
- Ensuring compliance with international risk and auditing standards
Finding the right solution
BBVA selected Ideagen for its:
- Versatility and functionality
- Strategic alignment with BBVA's audit methodology
- Comprehensive and customizable reporting capabilities
Implementation and impact
With Ideagen, BBVA transformed their audit management, enhancing communication and risk management across 650 users.
The ability to generate and share custom reports has streamlined their workflow, fostering consistency and accountability.
This approach aligned with international standards and improved the quality of audits and risk assessments.
- Standardized their audit methodology in line with international standards
- Simplified global deployment with easy installation and automatic updates
- Optimized performance for various network speeds and offline use
- Enabled 650 users to benefit from improved communication and risk management
Implementation and impact
With Ideagen, BBVA transformed their audit management, enhancing communication and risk management across 650 users.
The ability to generate and share custom reports has streamlined their workflow, fostering consistency and accountability.
This approach aligned with international standards and improved the quality of audits and risk assessments.
- Standardized their audit methodology in line with international standards
- Simplified global deployment with easy installation and automatic updates
- Optimized performance for various network speeds and offline use
- Enabled 650 users to benefit from improved communication and risk management
Real results
Improved audit readiness
Centralized document management
Enhanced compliance tracking
Achieved 21 CFR Part 11 compliance
Intuitive internal audit software that connects everything and everyone in your audit universe.