Ideagen Internal Audit
by Ideagen · Audit Management
Cloud internal audit and risk management software from Ideagen (formerly Pentana Audit).
Updated August 2026 · By the ERP Research Editorial Team · Independent and vendor-neutral.
- Deployment
- Cloud
- Company size
- SMB, Mid-market, Enterprise
- Pricing
- Subscription
- Founded
- 1993
- Headquarters
- Nottingham, United Kingdom
Overview
Ideagen Internal Audit is Ideagen's cloud internal audit and risk management product, the current name for what was previously marketed as Ideagen Pentana Audit. It connects risk-based planning, control testing and reporting in a single system, using standardized audit methodology with step-by-step prompts across financial, operational and compliance audits.
The product supports risk-based audit prioritization with a real-time view of risk, automated control testing (scheduling, evidence collection and effectiveness tracking), centralized workpaper and documentation management, and dynamic reporting dashboards with auto-generated executive summaries and board-ready presentations. It maps simultaneously to multiple compliance frameworks, including SOX, ESG and ISO standards, and aligns to the Global Internal Audit Standards of the Institute of Internal Auditors (IIA). Ideagen reports the product is used by more than 10,000 auditors daily across 650+ clients worldwide.
Ideagen plc was founded in 1993 and is headquartered in Nottingham, United Kingdom. It was a publicly listed company on the London Stock Exchange's AIM market until it was acquired by private equity firm Hg Capital in 2022 in an all-cash deal valuing the company at roughly $1.34 billion; it now operates as a private company. Ideagen reports being trusted by more than 18,500 organizations across regulated industries including banking and financial services, government, education, and manufacturing.
Screenshots & demo
Demo video from the vendor's YouTube channel.
Features & capabilities
Planning and Risk Assessment
Risk-based prioritization of the audit plan.
- Risk-based audit prioritization
- Real-time risk visibility across the audit universe
- Standardized audit methodology with step-by-step prompts
- Multi-standard compliance mapping (SOX, ESG, ISO and sector-specific regulations)
- IIA Global Internal Audit Standards alignment
Control Testing
Systemized control evaluation and monitoring.
- Automated control testing scheduling
- Evidence collection workflows
- Control effectiveness tracking
- Real-time failure alerts on visual dashboards
Workpapers and Documentation
Centralized audit documentation across the engagement lifecycle.
- Workpaper and documentation management
- Document collaboration portal for stakeholders
- Audit trail across the audit lifecycle
Reporting and Resource Management
Real-time project tracking and stakeholder communication.
- Dynamic reporting dashboards
- Auto-generated executive summaries
- Board-ready presentations built from live data
- Single-dashboard resource and project tracking
- Bottleneck identification across in-flight audits
Common use cases
- Building a risk-based annual audit plan across financial, operational and compliance audits
- Automating control testing scheduling and evidence collection
- Centralizing workpapers and documentation for audit engagements
- Mapping a single audit program to multiple frameworks (SOX, ESG, ISO) at once
- Producing board-ready audit reports and executive summaries quickly
- Tracking resourcing and bottlenecks across multiple concurrent audits
- Standardizing audit methodology across a multi-country audit function
Strengths & considerations
Strengths
- Unlimited audit capacity with no module-based licensing, according to the vendor
- Simultaneous mapping to multiple compliance frameworks (SOX, ESG, ISO) from one audit program
- Reported use by more than 10,000 auditors daily across 650+ clients worldwide
- 70+ G2 badges reported for six consecutive quarters
- Part of Ideagen's broader GRC suite spanning EHS, quality management and compliance
Pricing
No published list pricing; vendor states there are no audit limits or hidden module fees once subscribed. Get an independent shortlist with pricing guidance below.
About the vendor
- Founded
- 1993
- Headquarters
- Nottingham, United Kingdom
- Employees
- ~2,200
- Ownership
- Private equity -- acquired by Hg Capital in 2022 (all-cash deal valuing the company at roughly $1.34 billion), delisted from London Stock Exchange AIM
Alternatives to Ideagen Internal Audit in Audit Management
Ideagen Internal Audit — frequently asked questions
Is Ideagen Internal Audit the same as Ideagen Pentana Audit?
Yes. Ideagen Internal Audit is the current name for the product previously marketed as Ideagen Pentana Audit, following a platform refresh to a modernized interface.
What compliance frameworks does Ideagen Internal Audit support?
The product maps audit programs simultaneously to multiple frameworks, including SOX, ESG and ISO standards, and aligns to the IIA Global Internal Audit Standards.
How is Ideagen Internal Audit priced?
Ideagen does not publish list pricing. The vendor states the subscription includes unlimited audits with no separate module-based licensing fees.
Who owns Ideagen?
Ideagen plc was listed on the London Stock Exchange's AIM market until private equity firm Hg Capital acquired it in 2022 in an all-cash deal valuing the company at roughly $1.34 billion; it is now privately held.
How many organizations use Ideagen Internal Audit?
Ideagen reports the product is used by more than 10,000 auditors daily across 650+ clients worldwide, part of a broader base of 18,500+ organizations using Ideagen software.
Evaluating Audit Management?
Tell us your ERP and requirements and we'll send an independent shortlist — including Ideagen Internal Audit and the best-fit alternatives — with honest pros and cons.