If you’re considering Redboard for your credit union, or if you’re already using it, you might wonder how you can request new product features. Today we’ll discuss how Redboard addresses your emergent or continuing concerns in the realm of auditing software.
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At this point, we’ve worked with a lot of credit unions. As such, we’ve received a lot of feedback about what it’s like to use Redboard. A couple major points about Redboard’s reported efficacy have stuck out to us.
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It doesn't matter if you're a big reader or if you can barely concentrate through a dinner menu...
You need to read the NCUA examiner’s guide. It's not the most exciting page-turner out there, but it certainly is a reliable source of insight and direction.
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It doesn’t matter if you’re the biggest credit union in the world, or if you’re small but mighty: you’ll have to do an internal audit. During your internal audit process, one of your biggest keys to success is tracking your data.
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Assessment of risk and finding ways to mitigate it are critical components to a successful internal audit. Here are a few strategies for your credit union to consider the next time examiners come a-knocking.
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Oh no! You’ve just received notice of an upcoming internal audit. Are you ready for it?
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Here’s a hypothetical: your credit union has just been audited. You mobilized your team, they collected documents and provided answers to any pertinent questions, and you compiled and submitted all the information. How well do you sleep that night?
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One thing is for certain: when it’s time for an audit, you need tools at your disposal. What kind of tool you need for that process depends on how much legwork and risk you’d like to take on.
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Not many professionals enjoy a straight path to wherever they end up. Like most people, I took the scenic route to creating Redboard. I hope that by sharing a little about myself, you can see what kind of values lie at Redboard’s core.
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If you’re spending money on new auditing tools, you’ll want to know that the money you spend is actually doing something for your credit union. To better discern what Redboard’s impact is, we have a few evaluative questions to help you gauge Redboard’s efficacy.
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