Case Study: Bank Gospodarstwa Krajowego streamlines audit recommendation monitoring with AdaptiveGRC

How we helped the internal audit department reduce their manual work and audit fatigue among stakeholders

Bank Gospodarstwa Krajowego (BGK), a state-owned Polish development bank, faced significant challenges in its Internal Audit Department. The process of monitoring the implementation of post-audit recommendations was manual, relying on error-prone Excel spreadsheets and lengthy email chains. This made it difficult for auditors to track progress, update statuses, and generate reports for the executive and supervisory boards, consuming excessive time and resources. To overcome this, BGK turned to AdaptiveGRC and its Internal Audit and Recommendation Management module.

By implementing AdaptiveGRC's solution, the bank centralized all audit and recommendation data into a single, accessible system. The platform automated workflows, provided real-time monitoring of progress, and sent automatic email notifications for status changes and deadlines. This gave auditors and management immediate access to current and historical information, eliminated the need for manual spreadsheets and reporting, and significantly expedited the entire monitoring process. AdaptiveGRC provided BGK with full control and up-to-date visibility, saving time and increasing efficiency for both the audit team and the departments implementing the recommendations.

Bank Gospodarstwa Krajowego