Average Time to Do One Audit time
Measures the average duration taken to complete a single audit.
8 Policy & Procedure Adherence KPIs
Non-compliance Findings in Internal Audits #
Counts the number of instances or findings where the organization did not meet the required standards during internal audits.
Percentage of Processes With Documented Procedures %
Quantifies the portion of all operational processes within an organization that have associated documented procedures.
Rate of Annual Policy Updates and Revisions %
Tracks the portion of policies that have been updated or revised over a year.
Rate of Employees Who’ve Read and Signed Compliance Policies %
Tracks the portion of employees who've acknowledged reading and understanding compliance policies.
Rate of Policy Violations or Breaches %
Tracks how frequently policy violations or breaches occur within a set period.
Time Taken to Close Audit Findings time
Measures the average time it takes to address and resolve issues identified during audits, in days.
Total Audit Cost per Year $
Quantifies the overall cost associated with conducting audits over a year.