SmartHubs Solutions
Tailored tools for human-led internal audit, governance, and compliance with AI-Assist support—for solo auditors, small teams, and consultants.
Internal Audit Software Built for Lean Teams
Internal audit is essential for organizational health, yet most SMEs struggle with complex enterprise tools. Discover what internal audit really is, the challenges small teams face—and how SmartHubs provides lightweight, AI-assisted solutions tailored to your size and complexity.
What is Internal Audit? (Plain English)
The Simple Definition
Internal audit is an independent function that evaluates whether your organization is doing what it says it will do—honestly, effectively, and safely. It's like having an internal quality inspector who helps the board and management understand risks and ensure controls are working.
Key Responsibilities
- Objectively assess whether business processes, controls, and practices operate as designed
- Identify risks before they become problems
- Provide recommendations to strengthen operations and reduce losses
- Report findings to management and the board/audit committee
- Follow up on whether recommendations were implemented
Why It Matters
Organizations with strong internal audit functions are better equipped to identify fraud, compliance breaches, operational inefficiencies, and strategic risks early. It's a critical governance safeguard that protects stakeholders and improves long-term resilience.
Internal Audit Challenges for SMEs
Small and medium enterprises face unique pressures when building internal audit capabilities:
Limited Budgets
Can't afford enterprise audit platforms that cost thousands per month for features SMEs don't need.
Lean Teams
Often a solo auditor or small team wearing multiple hats—audit, compliance, risk, and GRC.
Lack of Specialized Skills
Difficulty recruiting experienced auditors and building sustainable audit programs with competing priorities.
Complex Tools
Enterprise platforms have steep learning curves and require extensive customization and training.
Time Pressure
Manual processes, spreadsheets, and email chains consume time better spent on actual audit work.
Isolation
Limited peer networks and support for developing or scaling audit programs on tight budgets.
How SmartHubs Supports Internal Audit
SmartHubs recognizes that internal audit doesn't fit a one-size-fits-all model. We offer two lightweight, AI-assisted solutions:
SmartHubs MicroAudit
Audit ExecutionFor teams focused on executing and documenting audit procedures, findings, and recommendations.
- Plan risk-based audits with flexible scoping
- Document findings with interactive workpapers and embedded evidence
- Track management responses with integrated action tracking
- AI-Assist for audit techniques, sampling strategies, and recommendations
- Generate interactive, drill-down reports for stakeholders
- Digital signoffs and review trails
SmartHubs MicroGRC
Governance & RiskFor teams managing risk registers, policies, controls, compliance, and incident tracking alongside audit work.
- Maintain a centralized risk register linked to strategy
- Map and track internal controls to risks and processes
- Manage policies, procedures, and compliance obligations
- Log incidents and track corrective actions
- AI-Assist for risk assessments and control design
- Integrated reporting with powerful data analytics
Internal Audit vs MicroAudit: Understanding the Difference
The term "Internal Audit" refers to the department, function, or profession. "MicroAudit" is our lightweight software solution designed specifically for lean internal audit teams.
| Aspect | Internal Audit (Function) | MicroAudit (Software) |
|---|---|---|
| Definition | The independent governance function responsible for assessing controls and risks | The software tool your audit team uses to document, track, and report audit work |
| Scope | Broad—covers audit planning, execution, reporting, and follow-up | Focused—streamlines audit execution, evidence management, and reporting |
| Who Uses It | Audit professionals, management, and board/audit committees | Solo auditors and small audit teams doing the hands-on work |
| Outcome | Audit opinions, risk insights, and organizational improvements | Efficient workflows, standardized documentation, and polished reports |
| Complementary? | Internal Audit is the profession and organizational function | MicroAudit is a tool that supports and enhances the Internal Audit function |
Bottom Line: Internal Audit is what you do as a professional discipline. MicroAudit is how we help you do it better and faster on a lean budget.
Who This is NOT For (Honest Qualification)
Not every organization needs SmartHubs. Be honest about your fit:
Large Enterprises (500+ employees)
If you have a large centralized audit function with complex compliance needs across multiple geographies, you likely need a full-featured enterprise platform with advanced customization.
Organizations with No Audit Program
If you've never done internal audit and don't have a champion, starting with software won't solve your problem. You need strategic buy-in and staffing first.
Outsourced Audit Functions
If you outsource internal audit entirely, you may not need dedicated software. Cloud-based platforms used by your external auditor may be sufficient.
Heavily Regulated Industries with Strict Tool Requirements
If financial regulators or certifiers mandate specific tools or platforms (like large banks with SOX compliance), SmartHubs may not meet those requirements.
Our Recommendation: If you're not sure, book a free demo and let's talk openly about whether SmartHubs is the right fit for your team and budget.
Why Choose SmartHubs for Internal Audit
Built for Lean Teams
No enterprise bloat—only the features auditors actually use
Affordable & Transparent
Simple, predictable pricing tailored to small teams and solopreneurs
AI-Assisted Workflows
AI-Assist recommendations for audit techniques, sampling, and insights—without replacing human judgment
Quick Implementation
Start using SmartHubs in days, not months, with minimal IT overhead
Integrated Solutions
Choose MicroAudit for execution or MicroGRC for broader governance—or combine both
Expert Support
Dedicated support from people who understand audit challenges at SMEs
The SmartHubs Internal Audit Ecosystem
SmartHubs is designed to grow with your audit program:
Foundation
Starting Your Audit Program
MicroAudit for basic audit execution, documentation, and reporting
Growth
Building Audit Maturity
MicroAudit + MicroGRC to add risk management and control tracking
Scale
Mature Audit Function
Full MicroGRC ecosystem with integrated audit, risk, compliance, and incident management
Ready to Strengthen Your Internal Audit?
Start Your Internal Audit Journey Today
Whether you're building your first audit program or strengthening an existing function, SmartHubs provides the lightweight, smart tools you need—without the enterprise price tag.
Book a Free Demo Today