Internal control frameworks
The solution enables to administrate risk and control frameworks by processes, regulations, norms, business activities, etc. These frameworks can be shared with other risk and compliance projects within the firm.
Internal control questionnaires
The solution enables to send internal control questionnaires for assessment of compliance level by the local entities.
Control documentation and testing
All the key steps of a complex internal control project are supported by the solution: documentation, assessment, and testing of controls, follow up of issues and remediation plans. The testing scope can be managed efficiently by focusing the testing effort on high-risk areas and key controls.
Users may create and follow up action plans by deadline, owner, status, etc.
Analysis and reporting
The tool offers dashboards and customizable reports allowing analyzing the organization’s compliance level by entities, processes, risks, regulations, etc.