Case Study: FORUM Credit Union achieves 10-20% time savings and increased audit capacity with Pentana Risk

Ideagen Pentana streamlines FORUM Credit Union’s auditing – allowing them to focus on more audits

FORUM Credit Union (FCU), a $1.2 billion member-owned financial cooperative in Indianapolis, faced inefficient, paper-based audit processes built on Windows network folders and manual Microsoft Office workpapers. The legacy approach offered poor visibility into audit performance, was time-consuming to manage, and couldn’t scale to meet growing business and regulatory demands.

FCU deployed Ideagen Pentana to automate workpapers, numbering, scheduling and reporting, creating a centralised audit repository with dashboards and real‑time oversight. The system cut audit time by 10–20%, freed staff to perform more and higher-value audits, sped regulator access to documentation, and improved audit planning with scope to extend into broader risk management.

FORUM Credit Union

Rick Walke

VP of Internal Audit and Compliance