Financial & Audit Solution
The Compliance 360 Financial & Audit Solution allows organizations
to manage all facets of SOX compliance and Audit management while integrating
those activities with corporate-wide compliance initiatives. Since
the Compliance 360 platform is securely hosted, users are able to integrate
data from other financial and audit tools that are already in place
to protect investments and better manage compliance with an enterprise
view.
The Financial & Audit Solution provides business professionals
the ability to organize and manage any type of project across the
organization, document audit tasks and audit findings, track issues,
manage remediation tasks, and record resulting actions. Some of the
key features include robust testing & controls scheduling component,
control environment monitoring & email notifications, and customizable
risk scoring mechanism.
| Features |
Value |
| Sarbanes
Oxley Management |
Manage internal controls for financial reporting while integrating
SOX compliance tracking, measurement and monitoring with the
enterprise governance, risk and compliance strategy |
| Audit Management |
Organize and manage any type of project
across the organization, document audit tasks and audit findings,
track issues, manage
remediation tasks, and record resulting actions. |
| Claims Audit Management |
Manage a wide variety of claims audits and appeals. |
| Reporting
& Analytics |
Real-time reporting tools that give everyone a global view
of all compliance, financials and risk management activities
with extensive drill-down capabilities |
| Automated
Assessments |
Complete suite of assessment tools to automate
monitoring of processes and compliance |
| Incident
Management |
Collect, store, and collaborate on compliance-related
incident information and track progress of investigations |
| Contract
Management |
Customized workflow processes that automate
collaboration, establish paths for approval routes and keep
everyone on track for timely revisions |
| Project Management |
Automated enterprise-wide project management
with collaboration and extensive review and reporting capabilities |
| Surveys |
Efficient, automated survey creation and data
collection makes performance monitoring simple. |
| Forums & Meetings |
Manageable knowledge base of “frequently
asked questions” (FAQ) and meeting management |
| Reporting & Search |
Real-time reporting tools that give everyone
a global view of all compliance, financials and risk management
activities with extensive drill-down capabilities as well as
comprehensive search capabilities |
Benefits
- Increased accountability and visibility into compliance status
- Decreased labor intensive processes, documentation and testing
- Enforcement of organization standards and consistency in the risk/control environment
- Increased employee efficiency and productivity through workflow enabled processes
- Reduction in current audit costs with secured, read-only defined remote access
|
