As a financial services group, BBVA strives to grow stronger through improvements in efficiency, profitability, and capital adequacy, and by maintaining a competitive advantage. BBVA’s internal audit department has managed to synchronize its activities by using a consistent set of applications and methodologies around the globe.
The group relies on two enterprise applications to automate its activities. One application manages the daily operations of the auditors, suggests follow-up activities, and generates reports. The other application supplies executive reports to management.