When is this needed?
Organisations that want to outsource governance, risk or internal audit often run into the same issues: proposals that are difficult to compare, hours that accumulate without clear output, and invoices that only become transparent after the fact.
Family business, first IA function
A mid-sized family business was required by its shareholders to set up an internal audit function. Two Big4 firms were asked. The proposals varied widely — without it being clear what the difference in output would be. The company wanted certainty: what do we get, and when?
What Audirium does differently
Audirium works with arrangements that guarantee three things:
- Predictability — you know the monthly commitment upfront
- Proportionality — the commitment is in proportion to the size and complexity of your organisation
- Transparency — no hidden costs, no additional fees, no surprises on the invoice
How we work
Audirium works on the basis of a fixed, agreed service package. No time-and-materials billing, but output-based arrangements:
- Fixed monthly commitment for the agreed scope
- Inclusive of tooling — no licence costs or start-up fees
- Inclusive of reporting and board communication
- Monthly cancellation after the initial period
- No travel costs, no office mark-ups, no overhead fees
Concrete comparison
For a mid-sized organisation requiring internal audit and risk management:
| Big4 / traditional | Audirium | |
|---|---|---|
| Engagement model | Hours × rate, post-calculation | Fixed monthly amount, agreed upfront |
| Tooling | Additional licence costs | Included |
| Seniority | Mix of junior/medior/senior | 100% senior |
| Notice period | Annual contract, quarterly termination | Monthly after initial period |
| Additional costs | Travel, office, overhead | None |
Result
"We get more output than the Big4 proposal promised — not because it is discounted, but because there is no overhead between the expertise and the execution."
We pay a third of what the Big4 quoted and get more output. Not because it is discounted: no overhead between expertise and execution.
— CFO, Manufacturing Company