Description
The University of New Mexico is seeking to purchase specialized electronic audit workpaper and project housing software from Wolters Kluwer. The software is required for internal auditing functions and will be used for recurring license fees. The purchase is necessary for maintenance and licensing renewal, and the university believes there is no competition for this product. The contract term will begin on November 24, 2025, and end on November 24, 2030. The university has used this software for approximately 13 years and believes it is the only source that can meet their needs. Key features of the software include electronic workpapers, audit files, and EthicsPoint review/investigation files.
• The software is specifically designed for internal audit functions
• The university has used the software for approximately 13 years
• The software houses all internal audit projects, including audit files and EthicsPoint review/investigation files
• The purchase is for recurring license fees
• The contract term is 5 years