Productivity

What Are the Benefits of Automating Credit Union Audit Processes?

There’s a common fear among workers in many industries. They worry that automation is going to come in, take their jobs, and replace them. While there’s a basis for that fear in some industries, we’re nowhere close to that in the realm of credit...

How Should Audit Automation Software Work for Credit Unions?

We’ve said it before, but we’ll say it again: audits aren’t exactly fun. Sure, there are some interesting aspects to it, but by and large, they tend to be tedious affairs punctuated by the occasional stressful deadline. Various types...

Two Methods to Avoid Common Risks in Your Credit Union Audit Process

In last week’s blog, we looked at three common credit union audit risks. In this week’s blog, we’d like to offer two ways to mitigate those risks. In case you don’t want to read the whole blog from last week, we’ll give you the highlights....

Why Is Audit Software a Critical Credit Union Compliance Resource?

Credit unions deal with countless compliance demands. It’s just part and parcel of the credit union industry. Credit union compliance resources come in all shapes and sizes. Some people, including the nice folks at the NCUA, offer...

What Kind of Credit Union Audit Software Do You Actually Need?

Truth be told, there aren’t many kinds of audit software for credit unions on the market. The way we see it, there are three basic types: Effective, Enhanced, and Engaged. We wrote a whole blog about it.

Do Microsoft’s Excel and SharePoint Count as Audit Tools for Credit Unions?

One of the things that we talk about often in this blog are audit tools. We look into why credit unions use them, what benefits they confer, and what kind of utility they provide. Sometimes, we even talk about what audit software...

Audit Automation Software for Credit Unions: Three Simple Options

Credit unions who want good audit results might consider audit automation software. But what are their options? The way we see it, there are essentially three different options for credit union audit software. All of them can...

Two Important Factors That Impact the Value of Audit Software for Credit Unions

Audit software for credit unions can provide significant value throughout the entire course of each audit. Each automated task contributes value. The same goes for stored communication, archived audit materials, automatically-generated audit trails,...

Calculating the ROI for Credit Union Audit Software

So, one thing I’ve learned is that when you explain a joke, it generally stops being funny. But this is about credit union audit software, what it costs, and what it provides for that cost. So please, bear with me.

What Is an Effective Credit Union Audit Process?

One of the things we talk about a lot in this blog, whether explicitly or not, is the credit union audit process. In fact, improving the audit process is what we’re all about. But what does it mean to have an effective audit...

How to Improve an Already-Sound Credit Union Audit Program

Audits must be performed frequently to ensure proper operational practices and compliance. Most upper-level credit union employees are familiar with audits. After all, upper-level employees are the experts, and leveraging experts is a critical...

Redboard’s Credit Union Audit Software: Point West Credit Union Case Study

Point West Credit Union started off with a robust but time consuming audit program. After partnering with Redboard, they were able to complete their audits much more efficiently and effectively. The best part?

Two Simple Areas Where Audit Software Helps Your Credit Union

Audit software for credit unions can help your team drastically simplify your audit process. In fact, the increase in efficiency from using audit management tools usually translates to a 10–25% decrease in time to completion.So, how does...

How Credit Union Audit Management Software Saves Time and Increases Efficiency

In the last few weeks, we’ve written a bit about some of the benefits of credit union audit management software. One of the primary takeaways is that credit union audit software saves time...

Audit Checklist for Credit Unions

Okay, we get it. Audits aren’t easy, and there’s no secret hack to make them less difficult. However, a little preparation never hurt. In fact, even an ounce of preparation could end up worth about a pound of cure. (We’re not sure...

Do Credit Unions Need External Audit Tools?

Many credit unions get by just fine without any specialized audit software. Many get along okay, but there’s a little more panic and close calls involved. When are external audit tools and compliance software necessary?

How Can Credit Unions Request New Product Features?

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...

What Have Credit Unions Said About Efficacy?

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.

Why Use a Tool for Your Audit Process?

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.

My Career Path to Redboard

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.